With southern oil exports choked off by war, Baghdad cannot use its only backup pipeline route because of a fight with the KRG over customs revenue control.

BASRA - Iraq's oil sector is plunging deeper into crisis after Iran destroyed two tanker ships in Iraqi territorial waters late Wednesday. The attack not only highlights the grave threat to shipping ...

Strike on a key oil logistics hub in Basra signals danger for southern Iraq's oil sector as Iran and its proxies target U.S.

Drone strikes on Sarsang raise new doubts for IOCs about the viability of restarting wartime oil production as the KRG demands security guarantees from Baghdad.

With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.

Kurdish-led authorities in northeast Syria are losing their hold on the country’s largest oil fields as foreign investors look for opportunities.

Some production is already offline and Iraqi oil officials are bracing for a total loss of southern exports. A worker from Iraq's state-run Oil Pipelines Company repairs part of a pipeline in Babel ...

Iraq can now process over 1.5 million bpd of crude, as the country's largest refinery completes a decade-long comeback. Iraqi Prime Minister Mohammed Shia al-Sudani (center) visits the Baiji refinery ...

“There is an expectation that Maliki will step aside very soon,” the PUK official said. “Most leaders within the Coordination Framework have reached the conclusion that they cannot proceed with his ...

Southern Iraq's refining sector is expanding, creating a better supply of high-quality fuels and rising demand for crude feedstock. Muntaser Kadhim Haloub, deputy director general for technical ...

Nationwide crude production increased by just over 50,000 bpd as state-operated Basra fields ramped up to compensate for a temporary decline at Rumaila. Deputy Oil Minister Bassim Mohammed Khudair ...

BASRA - As the director general of the state-run General Company for Ports of Iraq (GCPI), Farhan al-Fartousi oversees an array of operations that are integral to the country's oil sector, trade, and ...