NOC is taking initial steps to bring some production at Bai Hassan and Avana Dome back online, increasing crude flows to refineries in Kurdistan.
The Chinese state-owned company is looking to form an oil trading joint venture with SOMO and develop the East Baghdad oil field.
Iraq's president objects to the newly passed 2018 budget law, but it remains unclear whether he has the power to prevent it from taking force.
Following the passage of seminal legislation to resurrect the Iraq National Oil Company, one of the principal authors discusses how it will reshape the country's oil sector.
Iraq's state drilling company builds its credentials as it competes with international service companies for international oil company contracts in Iraq.
More in Energy
Southern Iraq oil sales slightly decreased compared to January, but Kurdistan exports from storage pushed nationwide monthly averages up.
More in Politics
Arguing that the 2018 budget allocation to Kurdistan is unrealistically low – and objecting to tax cuts – IMF puts major lending program on ice.
More in Security
The government cannot control large swaths of territory, as Islamic State insurgents solidify footholds and launch attacks targeting security forces and energy infrastructure.