A major upgrade for Basra's flagship refinery is coming online, promising to boost high-octane gasoline supplies.

Urgent austerity plan aims to cut $1.4 billion from oil field budgets nationwide in 2026 without affecting production — a ...

Nationwide output increased year-on-year as Iraq's domestic refineries continued providing an elastic and expanding source of ...

Rising threats to Iran's regime have the potential to weaken Tehran's influence in Baghdad and disrupt cross-border trade and ...

As a sanctions deadline looms, Basra Oil Company is poised to manage the 480,000 bpd field while Lukoil continues negotiating to sell its stake. A ceremony at the West Qurna 2 oil field in Basra to ...

Once a crown jewel of Kurdistan's oil sector, the Taq Taq field had been entirely offline for more than two years. Tanker trucks wait to be loaded at Taq Taq oil field in the Kurdistan region of Iraq, ...

Nationwide crude export volumes increased slightly in 2025, but annual revenues fell by $14 billion due to weaker global prices. A worker stands at the al-Basra Oil Terminal (ABOT), one of Iraq's ...

BASRA - The Basra Gas Company (BGC) sits at the cornerstone of Iraq's efforts to end gas flaring and boost domestic supplies of electricity feedstock to reduce dependence on costly and unreliable ...

BASRA - Iraq is pursuing a deal for Chevron to acquire Lukoil's stake in the West Qurna 2 oil field, as a deadline approaches for new U.S. sanctions to hit the Russian company. A delegation from ...

Baghdad, Erbil, and oil companies appear to be implementing some key terms of a three-way oil export and budget deal, but ongoing success is hardly assured. Oil tanks at Turkey's Mediterranean port of ...

At least one person is dead and several injured after security forces cracked down on unemployed truck drivers demanding work at the Lanaz refinery near Erbil. A truck prepares to load at the Lanaz ...