OPEC’s second-largest oil producer, Iraq, is looking at alternative revenue streams as the volatility in international crude oil prices makes its budget income unpredictable. The finance ...

Iraq Seals Major Oil Deal with Chinese Company By Irina Slav - May 22, 2025, 5:51 AM CDT ...

Under the envisaged deals, the companies would help Iraqi oil managers overhaul decrepit operations and modernize their equipment in the hope of boosting Iraq’s output by about 500,000 barrels a ...

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 ...

His message: If we leave Iraq, Iraq will destabilize the Gulf, and a destabilized Gulf equals unstable oil prices. With oil bumping pushing past $120 a barrel, you can bet you could hear a pin ...

Iraq on Dec. 11-12 will hold its second auction since the 2003 U.S. invasion of oilfield service contracts, ramping up its efforts to lure foreign oil companies back into the country after a long ...

The results of field studies conducted by BP “were not encouraging for BP to extend its operations”, an unnamed official from Iraq’s North Oil Co. (NOC) told Reuters in the report published ...

Iraq's crude oil resources are vital to its future. But there is deep division over just how the country will develop its tapped, and untapped, oil wells. This week, Iraqi officials and oil ...

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