Moscow is resuming oil and gas operations in Iraq’s Kurdistan Region (KRI) to regain geopolitical influence lost after ...

Talks to speed a resumption in oil exports from Iraq’s semi-autonomous Kurdistan region have been delayed until Thursday ...

Iraq will export 185,000 barrels per day through state oil marketer SOMO, and that quantity will gradually ... U.S. President ...

Iran said Monday it would not negotiate under "intimidation", after US President Donald Trump sought to ratchet up pressure ...

Washington has declined to renew a sanctions waiver that allowed Iraq to buy electricity from neighbouring Iran, a ...

ERBIL, Kurdistan Region - Iraq reiterated on Monday its commitment to an OPEC+ agreement on production cuts and the gradual phase-out of voluntary reductions, ahead of the resumption of oil ...

Iraqi Parliament’s Oil and Gas Committee quickly criticised MOC’s decision on the grounds Ukrzemresurs is little known and does not possess the technology required to develop a huge field with ...

It is part of a global push to boost oil supply and keep prices in ... The U.S. has significant leverage over Iraq – $100 billion of its reserves are held in the U.S., and Washington could ...

According to the World Bank, Iraq has 145 billion barrels of proven oil reserves -- among the largest in the world -- amounting to 96 years' worth of production at the current rate. Iraq's Oil ...

Last month, Iraq announced the discovery of a new oil field in the southern East Baghdad group of fields that may add 2 billion barrels of medium and light crude to the country’s oil reserves.

The Kurdistan Region holds significant natural gas reserves ... Department at the Oil Ministry. Quoted by Shafaq news agency, Saber said Chamchamal’s high-purity gas can be directly harnessed for ...