Iraqi oil production has risen to its highest level since the 2003 invasion on the back of improved security across the country, according to a new US government report. Iraq pumped an average of 2.43m bpd between April and June, according to the Special Inspector General for Iraq Reconstruction, writes Demetri Sevastopulo for The Financial [...]

Influential former Pentagon official Richard Perle has been exploring going into the oil business in Iraq and Kazakhstan, write Susan Schmidt and Glenn R. Simpson for The Wall Street Journal. Perle, one of a group of security experts who began pushing the case for toppling Iraqi dictator Saddam Hussein about a decade ago, has been [...]

Dr. Mahmoud Othman, a lawmaker with the Kurdistan block in the federal Parliament in Baghdad, has denied statements attributed to him by the press saying that the Kurdistan Regional Government's oil contracts are illegal, the KRG said in a press statement. Dr. Othman has requested the Kurdistan Regional Government issue a statement on his behalf [...]