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

Iraq’s North Oil Co. (NOC ... Jambur and Khabbaz fields – which are operated by NOC. Kirkuk is rich in oil reserves but crude operations were affected by political disputes between Baghdad ...

Around three-quarters of Iraq’s proven reserves consist of ‘associated gas’ – a by-product of oilfield development. Russia's huge oil and gas presence in neighboring Iran may give it an ...

The country's foreign exchange reserves have increased thanks to the rise in oil prices in the global markets since the outbreak of the Russia-Ukraine war, benefiting Iraq and other oil-exporting ...

Iraqi Foreign Minister Hoshiyar Zebari said on Thursday that his country signed a joint partnership oil deal with the United Kingdom.In a joint press conference with visiting Foreign Secretary David ...

The agreement between BP and Iraq's government will focus on the redevelopment of four large oil and gasfields in Kirkuk in the north of the country. The agreement follows a memorandum of ...

According to the World Bank, Iraq has 145 billion barrels of proven oil reserves -- among the largest in the world -- amounting to 96 years' worth of production at the current rate. Iraq's Oil ...

Iraq’s oil ministry repeated that it’s ready to restart exports from the semi-autonomous region of Kurdistan via a pipeline to Turkey that’s been shut for almost two years. But a long ...

Iraq’s oil minister said he’s hoping crude oil exports from the country’s northern Kurdistan region will restart in two days after a halt of almost two years following a payments dispute.