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

The Central Bank of Iraq (CBI) declared on Wednesday that the country’s foreign reserves had declined during the third quarter of 2024.

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 ...

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

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

Iraq aims to boost its oil production capacity to over 6 million barrels per day by 2029, leveraging partnerships such as its ...

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

BP has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial plan to ...

These were estimated to have aggregate 3P reserves of 670 million barrels. Rosneft’s involvement in the KRI not only threatened Iraq’s plans to meet its new in-house oil production targets but ...

The Shakal PSC fully conforms to the Model PSC required under new Iraqi oil and ... where independent oil companies can capture material exploration positions with large reserve potential and ...

The contract involves collaboration between BP, Iraq's North Oil Company (“NOC”), and ... opportunity to book a share of the output and reserves proportional to the fees earned from increasing ...