Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...

BAGHDAD (AP) — Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series ...

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...

Council of Ministers is set to meet on Wednesday to address the ongoing financial dispute with Baghdad, the prolonged delay ...

The hearing follows a growing scandal over reports that Iranian crude is being covertly blended into Iraq’s oil exports under ...

The U.S. warns Iraq over Iranian oil smuggling, threatening sanctions on SOMO and freezing $350M in revenue. Iraqi MPs plan to summon the Oil Minister amid fears of an economic crisis, as over 90% of ...

Iraqi Kurdistan is now experiencing a wider economic downturn, as the region’s limited private sector is also being affected by the salary crisis.

ERBIL, Kurdistan Region - Talks between Erbil and Baghdad on resuming Kurdish oil exports are progressing, though a key dispute over export volumes remains unresolved. While the federal government ...

The political crisis in Iraq is far from over, ... and has the potential to mildly move markets as fears increase of threats to the oil industry in OPEC’s second-largest producer nation.

The Gas Growth Integrated Project focuses on bolstering the country’s oil-rich but underdeveloped Basra province. TotalEnergies would take on a 45% stake in the Basra Oil Company, with Iraq ...

Iraq moves toward easing its energy crisis with $27B ... if the parties implementing the agreement can overcome the corruption and political instability that has undermined Iraq’s oil sector for ...

A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis.