Oil price drop prompts Oil Ministry to request cost-cutting measures this year and contractual changes that will alter the decades-long contracts.
The chief of Kurdistan's Peshmerga forces discusses the fight against IS militants and new efforts to train irregular forces.
Oil production is booming in Missan province, which now accounts for nearly one-tenth of Iraq's output.
The KRG has given up its first attempt to sell independent pipeline exports to U.S. buyers, as the United Kalavryta is redirected to a port in Israel, and the American court has suspended proceedings.
After failing to jump-start their stalled oil deal, Iraqi leaders are trading recriminations over unfulfilled export and revenue-sharing expectations.
Elite Iraqi forces have repelled a siege by IS militants that threatened to choke transit routes to a base for U.S. military training and coordination.
Rising Baghdad-KRG oil cooperation and recovering oil prices help offset southern export slump.
Oil Ministry and IOCs also begin talks to negotiate contract changes as the oil price drop hits budgets.