The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

Iraq sits atop vast oil reserves but fails to fully exploit them, a former oil minister said Wednesday, criticizing the ...

S&P Global Ratings has reaffirmed Iraq's long-term and short-term foreign and local currency credit ratings at 'B-' and 'B' respectively, maintaining a stable outlook. This decision was announced on ...

EBRIL, Kurdistan Region - Iraq requires ten billion dollars to eliminate gas flaring by 2030, deputy oil minister said on ...

Iraqi Midland Oil Company has announced that a massive reserve of crude oil (black gold) has been reportedly found in eastern ...

Iran's loss of influence in Lebanon and Syria has helped to spark a shift in attitude among Arab leaders.

Rumaila oilfield has seen a daily production decline of almost 300,000 barrels, which helps Baghdad fulfill its commitments ...

British Petroleum (BP) might spend up to $25 billion over the course of a project to develop four oil and gas fields in Kirkuk.

Iraq's parliament has approved a budget amendment to subsidize production costs for international oil companies in Kurdistan. This move is seen as a step to unblock northern oil exports and resolve ...

Iraqi Prime Minister Mohammed Shia’ al-Sudani announced on Tuesday that Iraq has reduced gas flaring by 70%, marking a ...

Iraqi Ministry of Oil has announced that it has managed to control the massive blaze that broke out in an oil field in the ...