Nigeria’s crude oil and condensate production hit a high of three years and four months in January, rising to 1.737 million barrels per day during the period, and a major boost for the country’s ...

India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.

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

ERBIL (Kurdistan24) – British Petroleum (BP) has signed a significant agreement with Iraq’s Federal Oil Ministry to operate five oil fields in Kirkuk, targeting to raise production to one million ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

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

Gulf Keystone Petroleum Limited is a small company in the Kurdistan part of Iraq. A pipeline through Turkey would help get ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

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

The East Baghdad field, one of the important oil fields in Iraq, recently had a discovery that increased its reserves to 15 billion barrels.

By John Lee. The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's ...

Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.