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Iraq has signed a significant oil deal with Chinese company Geo-Jade Petroleum to expand production, build a refinery, and construct power plants, furthering China's major involvement in Iraq's ...

BAGHDAD (AP) — Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out ...

Russia eyes new oil deals in southern Iraq to expand its influence beyond Kurdistan and replicate Iran-style long-term energy pacts. Iraq helps disguise Iranian oil as its own, aiding sanctions ...

The U.S. embassy in Iraq condemned earlier drone attacks in the region critical for the country's energy sector. Two drones struck the Khurmala oil field on Monday night in the regional capital ...

Tensions have escalated between Iraq’s central government in Baghdad and the semiautonomous Kurdish region in the country’s north in a long-running dispute over the sharing of oil revenues ...

Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq and considered and endorsed the staff appraisal without a meeting on a ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued smuggling of oil from the Kurdish region outside the country.

Iraq, OPEC’s second-largest producer, plans to cut its oil-price assumption in the federal budget after the market plunged. The 2025 assumption will be lower than last year’s $80 a barrel ...