Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly ...

Baghdad, Erbil, and oil companies appear to be implementing some key terms of a three-way oil export and budget deal, but ...

ISTANBUL - Turkey has officially informed Iraq that the northern export pipeline is ready to operate, shifting the onus onto Iraq to restore 475,000 barrels per day (bpd) of crude to global markets.

At least one person is dead and several injured after security forces cracked down on unemployed truck drivers demanding work ...

A multi-billion-dollar water supply project that is critical for boosting production at Iraq’s southern oil fields is beginning to take shape, with a first phase scheduled for completion in four years ...

Rising output at the Majnoon field has driven significant production gains despite OPEC-plus pressure for Iraq to adhere to quotas. Iraq's state-run Oil Exploration Company conducts seismic survey ...

Iraqi oil sales jumped by 173,000 barrels per day (bpd) in October as pipeline exports from the Kurdistan region came back online. Nationwide exports averaged 3.578 million bpd, according to Oil ...

BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps ...

ERBIL - The Kurdistan Regional Government’s Ministry of Natural Resources (MNR) has issued a directive to field operators that they have 18 months to halt the flaring of associated gas that is ...

BASRA - The name of Iraq's largest state-owned upstream oil company now reflects the name of Iraq's oil capital: the South Oil Company (SOC) has officially become the Basra Oil Company (BOC). In an ...

Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, petrochemicals, and power generation. Oil Minister Hayyan Abdulghani (second from ...

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 ...