The new EU sanctions include a lower oil price cap, the designation of the “biggest Rosneft refinery in India”, and measures ...

Oil prices extended gains on Friday, underpinned by supply concerns following drone attacks on northern Iraqi oilfields and ...

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.

Iraq is fast-tracking a new floating LNG terminal tender, with a U.S. firm as the likely supplier, to address its deepening gas supply crisis and reduce reliance on Iranian imports.

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 negotiations are seen as key to resolving a long-running political and budgetary dispute that has strained ties between ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often ...

Despite fueling over 70% of Iraq’s oil output, Basra suffers from poverty, pollution, and neglect. Residents endure disease, unemployment, and decaying infrastructure, as billions in petrodollar ...

Iraq is facing a growing electricity crisis as soaring summer temperatures coincide with the expiration of US sanctions waivers, cutting off critical gas imports from Iran, Iraq’s Shafaq news agency ...

Iraqi Prime Minister Mohammed Shia’ al-Sudani told Turkey that Baghdad needs more time to reach an agreement with oil companies about restarting Kurdistan Region’s oil exports, Turkish Energy ...

Iraq’s oil ministry on Friday rejected claims from oil producers that it is unwilling to negotiate the resumption of Kurdish oil exports and called for an urgent meeting of “concerned parties.” ...