The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

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

The East Baghdad field, one of the important oil fields in Iraq, recently had a discovery that increased its reserves to 15 billion barrels.

Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Iraq has forgiven $256 million in oil debt that Mozambique has owed it for decades, the southeast African nation’s finance ...

The Indian government is considering extra energy imports from the United States, days before Prime Minister Narendra Modi's visit to the country ...

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

Iraq has followed Saudi Arabia in raising official selling prices for Asian buyers for March.The Basrah Medium OSP to Asia is up $2.6/bbl to a $2.65/bbl premium to the Oman/Dubai average for March.The ...

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

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 ...