US President Donald Trump’s threat to hit buyers of Russian oil with tariffs had a limited impact on oil markets on Monday, ...

Almost a century ago, on October 15, 1927, the forerunner of BP struck oil at Kirkuk in northern Iraq. An uncontrollable fountain of oil, 95,000 barrels per day, shot into the air for 10 days, ...

By John Lee. As part of the government's national program, Iraq's Ministry of Oil has announced the opening of four new liquefied gas (LPG) fueling stations along the international highway connecting ...

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

Talks to restart Kurdish oil exports through the Iraq-Turkey pipeline have hit a snag as a lack of clarity over payments and ...

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 ...

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

Based on in-depth analysis of opinion polls available for the countries of the Middle East and North Africa, the book ...

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

China National Offshore Oil Company (CNOOC) has posted an 11.4% net profit growth in 2024, marking a record year of oil and ...

Iraq, on Wednesday, finalized a contract with the London-based oil major, BP, for the development and production of four ...

The contract includes the rehabilitation and redevelopment of the fields, spanning oil, gas, power, and water with potential for investment in exploration.