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

ERBIL, Kurdistan Region - Iraq sits atop vast oil reserves but fails to fully exploit them, a former oil minister said Wednesday, criticizing the country’s energy policies and OPEC-imposed ...

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

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

The state-owned Iraqi Midland Oil Company, said yesterday that, it has discovered huge oil reserves in the East Baghdad ...

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

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 ...

While this deal has the capacity to strengthen Iraq’s oil exports, it has also caused alarm about the long-term ...

The province, which produces approximately 250,000 barrels of oil per day, offers a paradox of resource wealth alongside ...

He expected that it would add more than two billion barrels to Iraq's oil reserves, making it the largest oil discovery in central Iraq. He noted that the initial tests of the well showed a daily ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...