Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...

By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...

The Gas Growth Integrated Project focuses on bolstering the country’s oil-rich but underdeveloped Basra province. TotalEnergies would take on a 45% stake in the Basra Oil Company, with Iraq ...

Iraq moves toward easing its energy crisis with $27B ... if the parties implementing the agreement can overcome the corruption and political instability that has undermined Iraq’s oil sector for ...

Iraqi Kurdistan is now experiencing a wider economic downturn, as the region’s limited private sector is also being affected by the salary crisis.

The political crisis in Iraq is far from over, ... and has the potential to mildly move markets as fears increase of threats to the oil industry in OPEC’s second-largest producer nation.

BAGHDAD (AP) — A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis, attract international investors and reduce i… ...

Iraqi Kurds plan vote for independence 02:26. The takeover of the Bai Hassan and Kirkuk oil fields were the latest land grabs by Kurds, who have responded to the Sunni militant insurgency that has ...

While Iraq’s oil industry is remarkably resilient in the face of unrest, the current political crisis and tensions with Kurdistan could significantly impact today’s tight oil markets.

Iraq’s oil boom could be in trouble because of a shortage of ... Yet the oil industry has enjoyed a resurgence ... That number could rise to 6 million by 2030 if Iraq can solve its water crisis.

FILE – Water buffaloes swim near the Nihran Bin Omar oil field north of Basra, Iraq, Wednesday, March 22, 2023. A multi-billion dollar agreement signed with France’s TotalEnergies could help ...

A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis.