Increased loadings from Basra Gulf help Iraq compensate for slight oil price slump and northern export decline.
Kurdistan’s leading gas investor is looking to affirm $2 billion in awards against the KRG, potentially paving the way for enforcement action, while lining up $26.5 billion in further claims.
Iraqi Oil Minister Jabbar al-Luiebi briefed journalists Thursday just before a key OPEC meeting, in which member countries are negotiating a potential extension of production cuts agreed to late last year. Luiebi covered a range of topics, from Iraq's specific oil policies to the OPEC-wide attempt to bolster oil prices. Here is a slightly condensed transcript of Luiebi's […]
Days before a major meeting among the world's largest oil producers, Iraq's export chief discusses depressed Kirkuk prices and a big plan for marketing Basra crude.
After encountering heightened security on the outskirts of Basra, near the Rumaila oil field, two suicide attackers blew up their car bombs.
Employees of Iraq's newest state oil firm say its creation was driven by political timetables and marred by insufficient planning.
Kurdistan's oil sector has been plagued by financial crisis and other setbacks, but the deal announced Friday suggests some investors are seeing value and opportunity.
Iraqi premier claims members of Kurdish police were involved, raising prospect of political motives behind the May 2 attack.
Iraq's top natural gas official outlines new plans, beyond the scope of Basra Gas Company, to capture associated gas and reduce flaring in southern Iraq.
Oil sales have stopped falling as Iraq claims full OPEC compliance, suggesting further production cuts are unlikely.
