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 [...]

Plus: *BP exec says service contract a few months away *Black Gold: War News Radio’s five-part series on Iraq’s oil struggles *Sterling banks on Kurdistan, sells U.S. assets *Attacks take out northern Iraq power *Iraq-AmChamIraq plan energy conference An Iraqi parliamentarian representing Iraq's Kurds says his party will not approve a draft oil law that [...]

Turkey may implement economic sanctions against the Kurdistan Regional Government, including cutting needed power supplies, Iran’s PressTV reports. It sounds like a squeeze on the KRG for not quashing the separatist Kurdistan Workers’ Party. The PKK is threatening to sabotage the Kirkuk-Ceyhan pipeline – in the Kurdistan territory – but has yet to make good [...]