The KRG transferred 120 billion Iraqi dinars in July oil revenues to Baghdad's finance ministry to facilitate salary payments. The move coincides with U.S. Energy Secretary Chris Wright praising a ...

The Federal Oil Ministry confirmed the agreement, explaining that all crude produced in the Kurdistan Region will be handed over to the State Oil Marketing Organization (SOMO), which will manage ...

French oil major TotalEnergies has launched the second development phase at Iraq's Ratawi oilfield and has begun building an ...

The oil dispute between Baghdad and the Kurdistan Region of Iraq (KRI) is fundamentally about sovereignty, not oil. Iraq’s Federal Supreme Court and the proposed Unified Oil Law have cemented ...

Iraq's oil embargo on exports from the semi-autonomous KRG is almost 2 years old. Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

(Bloomberg) -- Iraq and oil companies operating in the country’s semi-autonomous Kurdistan failed to reach an agreement during a meeting on Sunday meant to help restart crude oil exports from the ...

BAGHDAD — Tensions have escalated between Iraq’s central government in Baghdad and the semiautonomous Kurdish region in the country’s north in a long-running dispute over the sharing of oil revenues.

BAGHDAD — 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 ...