Basra: Prices of Basra Heavy and Medium crude oil rose on Tuesday, despite the decline in global oil prices. Basra Heavy crude prices rose 32 cents, or 48%, to $67.47, while Medium crude prices rose 32 cents, or 46%, to $70.52.
According to National…
Baghdad: Prime Minister, Mohammed Shia Al-Sudani affirmed that Iraq is working to fully utilize all associated gas produced from its oil fields by the year 2028, as part of the government’s broader strategy to maximize national resources and reduce de…
Baghdad: The Ministry of Finance announced on Tuesday the commencement of salary disbursement for employees of the Kurdistan Region for May 2025, in implementation of Cabinet Decision No. 550 issued during the emergency session held on July 17.
Acco…
Baghdad: The Ministry of Oil has announced the signing of a contract with the international company Schlumberger to enhance production capabilities in the Akkas gas field, located in Anbar Governorate. This development marks a significant step toward …
