Iraq’s Prime Minister Mohammed Shia al-Sudani has pledged to end Iraq gas flaring, a costly and long-standing problem that drains the national economy. He...
Iraq’s decision to stop importing petroleum derivatives will bring major economic benefits, according to Mudhhir Mohammed Saleh, financial advisor to Prime Minister Mohammed Shia...
Iraq’s Basrah crude prices fell, following a broad decline in global oil markets. Investors reacted to weaker demand, financial market volatility, and a stronger...
Crude oil prices fell as a stronger U.S. dollar and weak markets pressured commodities. Investors shifted toward safe-haven assets while reassessing the global supply...
Iraq has canceled three crude oil cargoes belonging to Russia’s Lukoil amid rising concerns about Western sanctions. The move underscores growing caution within Baghdad’s...
South Korea’s Hyundai Engineering & Construction (Hyundai E&C) has completed major construction work and started commissioning at Iraq’s Basra Refinery Upgrade Project. The company confirmed...
