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 outgoing director general, Hamza Abdul-Baqi, left his post on May 31 after reaching the mandatory retirement age, according to an Oil Ministry statement. Majeed was nominated to lead SGC 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 ...

Iraqi Prime Minister Mohammed Shia al-Sudani (standing, center), BP CEO Murray Auchincloss (standing, left), and Oil Minister Hayyan Abdulghan (standing, right) oversee the signing of a deal for BP to ...

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 ...

The Basra MP talks about the prospects for and obstacles to energy sector development in southern Iraq, Kirkuk, and Kurdistan. Adnan al-Jaberi, an independent MP from Basra and member of the ...

Monthly oil revenues increased to about $7.19 billion, up from $6.70 billion, according to an Iraq Oil Report estimate.* Global oil prices were lower in March than February, but Iraq's estimated ...

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 ...

Iraq has been transferring up to 190,000 barrels per day (bpd) of straight-run high sulfur heavy fuel oil (HSFO) to traders nominated by Iran, two senior Iraqi Oil Ministry officials familiar with the ...