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

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

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

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

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.

SULAIMANIYA - Erbil and Baghdad are taking initial steps towards implementing an aspect of the 2023 budget law, in a sign of cooperation that could potentially lead to more stable financial flows for ...

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 ...

Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to restrain output in an effort to meet OPEC-plus expectations.

A barrage of drone attacks in the past four days highlights rising security threats stemming from regional conflicts and Baghdad-Erbil political tensions.

Iraq's federal government earned record revenues of $115.657 billion from oil sales in 2022, some $40 billion above 2021 earnings as the gradual easing of OPEC-plus quota restrictions coincided with ...

Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, petrochemicals, and power generation.

Hossam Hussein Wali, director general of the South Refineries Company, at his office in Basra in September 2024. (ALI AL-AQILY/Iraq Oil Report) Ali al-Aqily of Iraq Oil Report Monday, September 9th, ...