Oil production at southern Iraq's West Qurna-1 field is running at a rate of 360,000 barrels per day (bpd) due to problems with low levels of water injection to boost production, the head of the joint management committee said.
French jets struck a suspected Islamic State target in Iraq for the first time on Friday, expanding a U.S.-led military campaign against militants who have seized a third of the country and also control large parts of neighboring Syria.
Iraq's oil export revenues fell by 8.9 per cent in August to $7.1 billion from $7.8 billion in July, the Iraqi oil ministry said in a statement.
Oil exports were at 73.6 million barrels for August, the oil ministry said, citing the
At least 3 million barrels of Iraqi Kurdish oil are on ships heading to Asia, with trade sources naming China as a possible destination as the autonomous region expands efforts to establish independent oil sales in defiance of Baghdad.
A lack of water threatens Iraq's plans to raise its oil output, boost its stumbling economy and become a leading producer in the region after Saudi Arabia.
A multi-billion-dollar common seawater injection s
The most senior US military officer raised the possibility on Tuesday that American troops might need to take on a larger role in Iraq's ground war against Islamic State militants, but the White House stressed they would not deploy on a comb
For the 20 years between 1991 and 2011 - the interval between Operation Desert Storm and the final withdrawal of U.S. forces after a lengthy occupation of Iraq - Washington policymakers, Republican and Democratic, relied on various forms of coer
Arab nations have rallied behind US President Barack Obama's call to expand operations against jihadists in Iraq and Syria.
Bahrain and nine other Arab countries agreed, in a joint communique, to do more to stop the flow of fu
Iraqi Kurdistan has shipped a total of 11.2 million barrels of crude oil since May via a pipeline to Turkey's Mediterranean port of Ceyhan, Turkish energy minister Taner Yildiz told a conference in the southeastern city of Gaziante
Sometimes they came pretending to buy things. Sometimes they texted, sometimes they called, but the message was always the same: "Give us money."
Months before they took control of the Iraqi city of Mosul in June, Islami