Under the IFMS contract, KBR will provide comprehensive upstream engineering, project and operations management, and maintenance services to enhance crude production, modernize field facilities, and ...

Iraq plans to export over 1 million barrels per day of what it calls “black oil” within a drive to increase income in the absence of major non-hydrocarbon sources. “Black oil” in Iraq refers primarily ...

(Reuters) -A handful of independent Chinese oil companies are piling into Iraq, planning multi-billion-dollar projects to develop its vast reserves in a challenge to global and Beijing-backed state ...

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 ...

Iraq’s largest non-associated gas field, Khor Mor, has increased capacity by 50% to 750 MMscf/d after Crescent Petroleum and Dana Gas completed the $1.1B KM250 project eight months early. Located in ...

Since the U.S. ousted Venezuelan leader Nicolás Maduro last month, oil analysts have been remembering the U.S. removal of another foreign leader more than twenty years ago. In 2003, the U.S. removed ...

Iraq’s 11 November parliamentary elections could mark the key turning point in the country’s history since the ousting of former president Saddam Hussein in April 2003. The nationwide ballot of around ...

Since the U.S. ousted Venezuelan leader Nicolás Maduro last month, oil analysts have been remembering the U.S. removal of another foreign leader more than twenty years ago. In 2003, the U.S. removed ...