One of Iraq's largest oil fields is nearly doubling its capacity next year — and, with new seismic work, likely increasing reserves beyond its current 47 billion barrels.
Iraq could soon gain a new option for exporting crude with the ongoing expansion of Khor al-Zubair port.
The Federal Supreme Court appeared to end Oil Minister Ihsan Ismaael's fledgling efforts to create an Iraqi National Oil Company, ruling its legal foundations "invalid."
Gazprom Neft sends lawyer to court, bucking trend of companies ignoring Oil Ministry lawsuits seeking to invalidate KRG oil contracts.
The U.S. company joins a growing list of blue-chip oil services firms bowing to the Oil Ministry's pressure campaign against the KRG energy sector.
Iraq’s Al-Basra Oil Terminal has restarted at reduced capacity after it went offline early Friday due to leaks.
Nationwide production topped 4.7 million bpd for the second straight month — the highest output since 2019.
Foreign companies are putting more money into Kurdistan oil fields — and projecting increased production — despite Baghdad's legal campaign against the KRG oil sector.
Exports fell for the second straight month despite elevated OPEC-plus output targets.
As political crisis and escalating violence threaten the stability of the state, followers of Sadr have also started protests at some oil fields.
