The new government faces urgent challenges: a severe water crisis due to drought and upstream dams, weak public finances tied ...

PetroChina has let an engineering, procurement, and construction (EPC) contract to Wood for the West Qurna 1 oil field in ...

The Iraqi Ministry of Oil announced on Tuesday the resumption of negotiations with Ankara regarding the Iraqi-Turkish ...

Following an interim agreement between Iraq's federal government and the Kurdistan Regional Government, international oil ...

Iraq is considering requesting a six-month sanctions relief to provide LUKOIL time to sell the stake it holds in the West ...

Located approximately 50 kilometers north-west of Basra, West Qurna 1 holds more than 20bln barrels of recoverable reserves and is a cornerstone of Iraq’s energy infrastructure ...

Iraq's government is discussing seeking a six-month sanctions waiver from the U.S. Treasury Department for Lukoil to have ...

The US Treasury Department said Tuesday it has imposed some of its “most impactful” sanctions on Russia’s largest oil companies, Lukoil and Rosneft. The move comes as Iraq struggles to find a ...

Oil held the biggest decline in a week after US fuel inventories rose, while investors monitor the fallout from sanctions on ...

ERBIL, Kurdistan Region - The Kurdistan Region has sent over 10 million barrels of oil to international markets through the ...

The Iraqi government says it can no longer work with Russian oil company Lukoil – which has a huge stake in the country’s oil fields – because of recently imposed US sanctions against the company.

International oil companies in Iraq's semi-autonomous Kurdistan region have loaded their first export cargo from Turkey's Ceyhan terminal, Gulf Keystone Petroleum said on Monday.