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 year to 9.2% by 2026, according to the International Monetary Fund. Oil ...

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 ...

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.

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

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.

A worker checks the valve of an oil pipe at Al-Sheiba oil refinery in the southern Iraq city of Basra, April 17. The low oil price is affecting Iraq badly. A worker checks the valve of an oil pipe ...

The political crisis engulfing Iraq's power-sharing government threatens to further delay a landmark draft of its long-delayed oil law - five years after the first version was submitted to parliament.

Sullivan urged domestic investment in the gas sector, stressing “the solution for Iraq is to develop its internal resources and infrastructure for gas. But that will take some time.” Iraq currently ...

Iraq’s oil sector is rebounding after a catastrophic year triggered by the coronavirus pandemic, with key investment projects on the horizon, Iraq's oil minister said Friday. Iraq is currently ...

By any measure, Iraq has had a terrible time since 2003. Yet when it comes to the global financial crisis, Iraq may for once be in a privileged position.