SULAIMANIYA/BASRA - Over a month after Baghdad cut off critical budget support to the Kurdistan Regional Government (KRG), ...

Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.

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

Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the Rumaila oil field and elevated output in Kirkuk.

SOMO Deputy Director General and Head of Crude Ali Nazar al-Shatari (right), at the Nov. 30, 2016, OPEC meeting in Vienna with then-Iraqi Oil Minister Jabbar Ali al-Luiebi (center), and then-SOMO ...

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 ...

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 ...

But Iraq’s ability to pay for the gas – long hampered by U.S. sanctions on Tehran – is threatened by the Federal Supreme Court in Baghdad, which on Sunday issued a ruling limiting the current ...

Officials from Iraq’s state oil marketing company (SOMO), the Kurdistan Regional Government (KRG), and the Turkish state pipeline company BOTAS have held a series of meetings in recent days in Turkey ...

Allawi warned that Iraq needs to be cautious about taking advance payments for future oil exports, following Iraq’s deal with China's ZhenHua to pay up front for about $2 billion of exports. While ...

“We are working on a plan to reach zero flaring and we will need investors and new facilities because we do not have the finances to build them and the cost will be high," Nassir said. "More ...

EDITOR’S NOTE: In recent weeks, multiple different versions of the 2021 budget law have been circulated and key changes were made at the last minute, during the process of voting. The final version of ...