Muhammad Ali Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Russia, Iraq and Kazakhstan faced exceeding production limits and promised to compensate for overproduction by the end of ...

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the ...

Iraq’s parliament on Sunday approved a budget amendment to subsidise production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking ...

"Parliament's approval is very significant to resolve oil dispute between Baghdad and Erbil and it will help expedite the ...

Iraq’s parliament passed a long-awaited plan to boost payments to oil companies in the semi-autonomous Kurdistan region, a ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Iraq has historically imported approximately 20 million cubic feet of gas and 1,200 megawatts of electricity from Iran daily, ...