News

Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...
Iraq approved a plan for its semi-autonomous Kurdish region to transfer oil to Baghdad, a step toward resuming exports that ...
By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...
The hearing follows a growing scandal over reports that Iranian crude is being covertly blended into Iraq’s oil exports under ...
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 ...
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 ...
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.
Council of Ministers is set to meet on Wednesday to address the ongoing financial dispute with Baghdad, the prolonged delay ...
ERBIL, Kurdistan Region - The Iraqi Council of Ministers has failed to reach a concrete decision to resolve the ongoing ...
The negotiations are seen as key to resolving a long-running political and budgetary dispute that has strained ties between ...
Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out of commission.
Sullivan urged domestic investment in the gas sector, stressing “the solution for Iraq is to develop its internal resources and infrastructure for gas. But that will take some time.” Iraq currently ...