Iran faces a renewal of UN-mandated sanctions within weeks unless it returns to negotiations on the future of its nuclear program and allows international inspections of its facilities. The process fo ...

Iraq has approved plans to build power plants able to generate more than 10,000 megawatts, aiming to run them on locally produced fuel as part of efforts to phase out its reliance on gas imports from ...

Iraq has raised its oil refining capacity to 1.3 million barrels per day after reaching 1.1 million barrels per day in 2024.

The move should bring Iraq closer to achieving "self-sufficiency of petroleum products", and reduce the burden of importing petroleum derivatives.

ExxonMobil, Chevron, ConocoPhillips, and Occidental Petroleum have cemented the shale gale in the US, home to 80% of global ...