Maliki defiantly asserts his right to lead the formation of a new government while Kurdish parties remain at odds over ...

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 ...

Two of the world’s biggest oil services companies have informed the Iraqi Oil Ministry that they will comply with a Federal Supreme Court (FSC) ruling invalidating the legal foundations of Iraqi ...

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

The MP leading Parliament's oversight of Iraq's oil and electricity sectors discusses the importance of gas development and the status of INOC legislation. Habat al-Halbusi, chair of the Parliament ...

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 ...

KHANAQIN - Iraq has signed a new contract for the Mansuriya gas field, overcoming last-minute investor doubts about political and security challenges in Diyala province. The Chinese firm Jereh is ...

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 ...

Iraq's nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...

BASRA - Iraq is second only to Russia on the list of countries that burn the most gas in an environmentally ruinous and eocnomically wasteful practice known as flaring. The Basra Gas Comapny (BGC) was ...

BASRA - Iraq's federal government has long pushed to unify the country's oil sector under Baghdad's authority, while the Kurdistan Regional Government (KRG) has argued power should be decentralized ...