Iraq's parliament passed a plan to boost payments to oil companies in Kurdistan, a step toward resuming exports from the area ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

A temporary but dramatic drop in output at Iraq's most prolific oil field underscores the challenges of fighting natural reservoir decline and maintaining production. A drilling rig at the Rumaila oil ...

Personnel from the state-run Iraqi Drilling Company (IDC) operate a drilling rig at the Zubair oil field in Basra in September 2024. (Photo credit: IDC) Iraqi oil production fell by 200,000 bpd in the ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 5-rig drop in the week prior.

Monday closed up +1.32 (+1.86%), and March RBOB gasoline (RBH25) closed down -0.0008 (-0.04%). Crude oil and gasoline prices ...

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...

Feb 7 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes (BKR.O), opens new tab ...

WTI crude oil (CLH25) today is up +0.82 (+1.13%), and March RBOB gasoline (RBH25) is up +0.0399 (+1.90%). Crude oil and ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes said in its closely followed ...

The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...

Projects awarded by Iraq to France’s TotalEnergies and other foreign companies over the past months will boost its oil production capacity to 7 million barrels per day (bpd) within five years, an ...