KBR KBR shares are down on Monday after the company announced a contract with Iraq-based Basra Oil Company. The project is expected to enhance crude production and modernize field facilities for the ...

Chevron has signed a preliminary deal with Iraq's Basra Oil Company to discuss the potential acquisition of the West Qurna 2 ...

The Iraqi Ministry of Oil revealed on Thursday that flared gas recovery reached 86 percent in three oilfields.

Iraq's West Qurna-2 oil field is likely to witness a considerable boost in production levels in the coming months.

Iraq could nearly double its output from the West Qurna 2 oilfield to 800,000 barrels per day (bpd) as Chevron enters ...

Chevron said it signed a preliminary deal with Basra Oil Company to explore the potential sale of Iraq's West Qurna 2 project, the country's second-biggest oil field.

When Iraq introduced Basrah Medium into its portfolio of crude grades, it was believed that a stricter delineation of qualities could finally put an end to Baghdad’s perennial challenge of maintaining ...

STORY: Beekeepers in the historic port city of Basra are struggling to maintain their age-old traditions. Drought and rising levels of salt in the water are threatening the delicate ecosystem that ...

A decision by Iraqi officials to demolish a 300-year-old religious spire and tourist attraction in the city of Basra has prompted outcries from the local community. For three centuries, the al-Siraji ...

IFC will provide up to $120m to expand Umm Qasr Port Terminal 2, lifting container capacity to 830,000 TEUs with new cranes ...