Federal financial transfer signals political will to implement an agreement that could result in re-starting northern oil ...

Operational disruptions caused by the Israel-Iran war do not appear to have affected Iraqi crude output, which was virtually ...

Drones struck Tawke and Ain Sifni on Wednesday, marking three consecutive days of attacks on Kurdistan oil fields.

The agreement will now expire in July 2026, raising new questions about the future of oil exports from northern Iraq and the ...

Now that the Dhi Qar Oil Company has been spun off, the Oil Ministry rechristened SOC as the Basra Oil Company.

Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the Rumaila oil field and elevated output in Kirkuk. Fields managed by the federal ...

The state-operated field in Basra could become the centerpiece of an integrated project led by China’s Geo Jade and Iraqi private firm Hilal al-Basra.

Iraq activates new deal to pay Iran for gas Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.

Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.

Iraq has been transferring large volumes of high-sulfur fuel oil to Iranian traders in a deal to help resolve energy import debts.

BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps ...

The new budget law lays out a revised framework for Baghdad-Erbil oil and revenue cooperation and projects a record deficit that is only likely to be filled if global oil prices remain high.