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

Three years into the war, Russia has withstood wave after wave of sanctions, including the G7 imposing a $60 per barrel price ...

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

India is set to increase its crude oil imports from Iraq as new sanctions on Russia threaten to disrupt its energy supply.

By John Lee. The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's ...

Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the ...

By bnm Gulf bureau Iraq faces a potential energy crisis as US President Donald Trump ends its exemption from sanctions on ...

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 ...

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

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...