Russia, Iraq and Kazakhstan faced exceeding production limits and promised to compensate for overproduction by the end of ...

By Editorial Iraq’s North Oil Co. (NOC) has recommenced production from 35 wells in the Kirkuk region as part of a strategic ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the semiautonomous northern region is ...

Dublin, Jan. 31, 2025 (GLOBE NEWSWIRE) -- The "Oil Refining Industry in Iraq 2025" report has been ... refined petroleum products production and consumption, refinery complexity factor and ...

Iraq’s parliament passed a long-awaited plan to boost payments to oil companies in the semi-autonomous Kurdistan region, a ...

Iraq’s parliament on Sunday approved a budget amendment to subsidise production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Iraq's parliament has approved a budget amendment to subsidize production costs for international oil companies in Kurdistan. This move is seen as a step to unblock northern oil exports and resolve ...