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

Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures ...

Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the ...

The so-called South Basra Integrated Project (SBIP) is the latest deal for Iraq that seeks to leverage investor interest in upstream oil development to secure financing and technical capacity for ...

Neither the Oil Ministry nor Ukrzemresurs has announced any change in the company's status at Akkas, but the Iraqi government's decision to end the contract was confirmed by two senior Oil Ministry ...

Oil fields managed by the federal government averaged about 4.34 million bpd, down from 4.40 million bpd in January, according to an Iraq Oil Report analysis based on production data gathered ...

After losing an appeal at the Karkh Court in Baghdad last December, the Oil Ministry asked the Court of Cassation to reconsider the case. But the court upheld the prior ruling, effectively closing the ...

The legislation had appeared to be in danger of sinking under the weight of political controversy in late January, when some MPs tried to make significant changes that were unacceptable to the ...

In a Jan. 27 statement to the London Stock Exchange, Genel said it has agreed to divest from Taq Taq, with the transaction now subject to the Kurdistan Regional Government's (KRG) approval. The ...

Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire. A fire burns at Degassing Station 5 off the ...

Throughout most of 2024, nationwide crude output had been outpacing the production levels of the past two years despite Iraq's tighter quota commitments. But reductions in the final months of the year ...

A long-sought deal is getting high-level political attention, and some officials expect to clinch an initial contract in January. Iraqi Oil Minister Hayyan Abdulghani (center) leads a meeting with ...