The Iraqi oil minister and a delegation from US-based Chevron discussed on Monday approaches to develop the country’s oil ...

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in ...

ExxonMobil has shown interest in purchasing Russia-based Lukoil's large stake in the massive West Qurna-2 oilfield.

The US government is backing Iraq’s plan to transfer Lukoil PJSC’s stake in a giant oil field to an American company, days ...

U.S. sanctions on Lukoil have triggered the sale of its international assets, including its 75% stake in Iraq's massive West ...

The fate of one of the largest oil fields in Iraq—and in the world—remains unresolved, nearly two months after the Russian company Lukoil announced it could no longer continue operating the field, ...

Crude flow from Lukoil’s West Qurna-2 storage tanks has resumed toward the major Tuba depots after a weekend shutdown, two ...

Lukoil declared force majeure last month at West Qurna 2 as it was hit with sanctions alongside Rosneft as part of U.S.

ERBIL, Kurdistan Region - Iraq’s oil ministry said on Monday that it is seeking to bring in major US companies to take over management of the West Qurna-2 oil field in northwestern Basra, which is ...

Russia's Lukoil faces a December 13 deadline to negotiate the sale of its international assets worth $22 billion, due to U.S. sanctions. Key assets include major stakes in oil and gas projects across ...

Lukoil declared force majeure at its Iraqi oil field, sources told Reuters on Monday, and Bulgaria was poised to seize its Burgas refinery, as the Russian company's international operations buckled ...

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in ...