SOMO revealed on Wednesday that Iraq has the fourth-largest proven oil reserves in the world, with around 145 billion barrels ...

Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

Could BP’s share price be set to reverse its decline of the past year with a huge new oil deal in Iraq? I took a deep dive ...

Iraq is making rapid progress in developing its Akkas and Mansuriya gas fields in order to meet the country's growing energy ...

With U.S. waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas ...

By Editorial Chinese company China Huanqiu Contracting & Engineering Co. (HQC) has secured a contract to provide project ...

BP plans to sell its mobility and convenience business in Austria, including 260 retail sites, as part of its strategy to ...

Meanwhile, talks between Iraq and oil companies operating in the country’s semi-autonomous Kurdistan have reached “advanced stages,” according to Abdul Ghani. The minister said he hopes ...

Despite the renewed optimism over the past two weeks regarding the potential resumption of Kurdish oil exports to the Turkish ...

Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by U.S. forces in the ...

BP plc BP, the UK-based energy major, has secured final approval from the Iraqi government to proceed with the redevelopment of the Kirkuk oil fields, aiming to produce more than 3 billion barrels ...

Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq scores 55.5 points in EITI implementation The EITI Board concluded that Iraq has ...