To facilitate its energy deal with Kurdistan, Turkey could send revenue from Iraq's northern oil exports to an escrow account, guaranteeing money for the KRG – and stirring conflict with Baghdad.
Turkey planning to control Iraqi oil revenue
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Q&A: Ali Nazar al-Shatari, deputy director general of SOMO
Infrastructure bottlenecks will limit Iraq's exports and production in the short term, but SOMO is squeezing value from oil sales through new marketing strategies.
Q&A: Deputy Prime Minister for Energy Hussain al-Shahristani
Iraq's top energy official discusses ExxonMobil, the KRG budget proposal, the status of fighting in Anbar and more.
Who killed Kurdistan’s oil exports?
Secret documents illuminate the agreement that re-started Kurdistan's exports and the reasons for its collapse.
Iraqi crude output falls as tighter OPEC quotas take effect
Crude production and exports decreased in November as Iraq began output cuts in response to tighter OPEC-plus output targets.
Analysis: Iraq, the world’s new oil powerhouse?
As production pushes above pre-sanctions OPEC quota levels, Iraq is poised to take center stage in the global oil arena – if it can overcome domestic disarray and regional strife.
January oil revenues soar to decade high despite dip in exports
Independent oil exports from Iraqi Kurdistan increased slightly, but oil prices helped Iraq overcome federal export slump.
September exports steady as northern oil sales rebound
Revenues fell with global oil prices, but higher export volumes through Ceyhan helped offset a pipeline leak that temporarily halted Basra Gulf tanker loadings.
Q&A: Ashti Hawrami Part 3
Kurdistan's top oil official makes the case for his region's right to export oil independently.
Iraq crude oil production up in July as KRG oil trickles back online
Exports and output are rising, but Kurdistan's oil industry is still in crisis due to the northern pipeline outage.
New details of KRG oil deals reveal latent risks
Kurdistan's oil trading arrangements have provided independent revenue streams, but they also present problems, including rising debts and further political controversy.
Iraq’s oil exports decline as northern sales slump
Exports fell for the second straight month despite elevated OPEC-plus output targets.
Iraq exports dip but revenues hit new record
Monthly oil revenues topped $11 billion, boosted by high global prices, but export levels slipped as Iraq bumps up against infrastructure constraints.
Iraq’s February oil exports rise
Monthly revenues hit another 10-year high as exports rebounded from a January dip and global oil prices spiked.
Iraqi crude exports rise steadily through 2021
Increasing OPEC-plus quotas and a recovery in global oil prices helped Iraq achieve rising crude exports and revenues.
Baghdad regains control in oil disputes
Maliki’s government is using harsh tactics to reassert itself against Kurdistan’s increasingly autonomous oil policy, while the core disputes remain unresolved.
Exports edge upward, but northern pipeline remains offline
Baghdad has compensated for lost exports via Turkey with increased southern oil sales, but KRG exports remain entirely offline.
Oil exports fall in January
Political disputes, bad weather, crude quality problems and infrastructure delays set back much needed revenues.
Kurdistan pipeline exports imminent despite Baghdad outcry
With oil filling the KRG's pipeline to the Turkish border, Erbil and Ankara have outlined a mechanism under which exports could start without Baghdad's approval.
Iraq inches toward oil transparency
Seeking to combat the "resource curse," Iraq is moving forward – and hitting roadblocks – on its slow path toward oil sector transparency.
March oil exports slump by 200,000 bpd due to pipeline halt
Iraq's northern exports remain offline in the aftermath of a landmark arbitration win against Turkey, with restart timing still unclear.
Iraq oil exports and revenue up in December, but down year-on-year
Oil exports ended 2020 on a relative high note, but the year saw federal Iraq post its lowest annual export volumes since 2014 and worst revenue total in more than a decade.
July oil exports and revenues climb
With OPEC-plus pressure easing, Iraq increased exports slightly in July while higher oil prices drove monthly revenues to a 19-month high.
October oil exports steady as rising prices lift revenues
Thanks to surging global crude prices, Iraq generated its highest monthly oil export revenues since October 2018.