ISTANBUL - Turkey has officially informed Iraq that the northern export pipeline is ready to operate, shifting the onus onto Iraq to restore 475,000 barrels per day (bpd) of crude to global markets.

Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly ...

Baghdad, Erbil, and oil companies appear to be implementing some key terms of a three-way oil export and budget deal, but ...

Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire. A fire burns at Degassing Station 5 off the ...

KHANAQIN - Iraq has signed a new contract for the Mansuriya gas field, overcoming last-minute investor doubts about political and security challenges in Diyala province. The Chinese firm Jereh is ...

Iraqi oil sales jumped by 173,000 barrels per day (bpd) in October as pipeline exports from the Kurdistan region came back online. Nationwide exports averaged 3.578 million bpd, according to Oil ...

The Karkh Commercial Court in Baghdad purported to annul four of Iraqi Kurdistan's oil contracts Monday, as the federal Oil Ministry intensifies its push to implement February's landmark ruling ...

The Iraqi side of the Iraq-Turkey Pipeline is being rehabilitated, potentially transforming the political dynamics around oil exports via Turkey. A worker checks the generator and pumps at the start ...

A multi-billion-dollar water supply project that is critical for boosting production at Iraq’s southern oil fields is beginning to take shape, with a first phase scheduled for completion in four years ...

Efforts to restart Iraq's northern oil exports suffered a major setback this week as members of Parliament tried to make drastic changes to a proposed budget amendment that would create a new ...

SULAIMANIYA/BASRA - Over a month after Baghdad cut off critical budget support to the Kurdistan Regional Government (KRG), the crisis remains unresolved because the two sides cannot agree on an array ...

A Baghdad court has rejected a last-ditch effort by the federal Oil Ministry to invalidate the Kurdistan region's oil contracts, cementing a legal victory for oil companies and clearing one potential ...