By John Lee. The Council of Ministers of the Kurdistan Regional Government (KRG) has instructed the Ministry of Natural ...

S&P Global Ratings has reaffirmed Iraq's long-term and short-term foreign and local currency credit ratings at 'B-' and 'B' respectively, maintaining a stable outlook. This decision was announced on ...

Experts and lawmakers told The New Arab that the measures could worsen Iraq’s power shortages, risking political, economic, ...

Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...

The Iraqi government signed on Wednesday a contract worth $800 million to increase the capacity of the Diwaniyah Refinery.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

ERBIL, Kurdistan Region - Turkish Consul General in Erbil Erman Topcu on Wednesday visited the Kurdistan Region Deputy Prime Minister Qubad Talabani to discuss a range of topics including the export ...

Production at Iraq's largest field is still down by at least 120,000 bpd as repair crews contend with extensive damage from a ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

OPEC output tumbled for a second straight month in January, with the decline pace of Nigerian and Iranian supplies ...

China is willing to link its Belt and Road initiative with Iraq’s Development Road project, its foreign ministry said on ...

The Iraqi parliament recently approved a budget amendment that permits the resumption of oil exports from Iraqi Kurdistan.