Russia's huge oil and gas presence in neighboring Iran may give it an advantage in creating synergies in Iraq.

Oil prices fell about 2% to a two-month low on Tuesday on weak economic news from the U.S. and Germany that fed fears of slower energy demand, along with signs ...

WTI crude oil (CLJ25) on Tuesday closed down -1.77 (-2.50%), and April RBOB gasoline (RBJ25) closed down -0.0418 (-1.85%).

BP Plc finalized an agreement with the government of Iraq to redevelop the giant Kirkuk oil fields, a deal that signals a ...

UK energy company BP has signed an agreement with the Iraqi government to invest in several giant oilfields in Kirkuk, in a ...

Oil futures rose modestly as the U.S. imposed fresh sanctions on Iran and Iraq offered a commitment to compensate for ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, even as the resumption of oil exports from Kurdistan appears ...

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, pledging to outline a plan to compensate for past overproduction. The Iraqi oil ministry announced that discussions with key OPEC+ figures ...

The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil ...

Iraq said it will continue its efforts to compensate for its accumulated overproduction as part of OPEC while taking into account an anticipated handover of oil for export from the Kurdistan Regional ...