Energy

Oil Ministry puts Gazprom, Dana Gas in legal crosshairs

Baghdad is expanding its campaign to invalidate Kurdistan's oil contracts, filing new cases against the Russian and Emirati companies.

A Gazprom security worker walks behind a fence at a drilling platform at the Badra oil field in Wasit province on Oct. 18, 2012. (AHMAD AL-RUBAYE/AFP/Getty Images)

Aug 8, 2022

July oil exports slightly down

Iraq's crude sales receded in July as seasonal demand spikes fueled domestic consumption and quality issues hurt the marketing of Basra Heavy.

Aug 1, 2022

Iraq enforces KRG blacklist policy against four oil service companies

Weatherford and three other companies with subcontracts in Kurdistan are barred from work in southern Iraq, as Baghdad continues campaign to reverse KRG oil sector independence.

Jul 26, 2022

Iraq’s oil output surges in June as southern fields ramp up

Production and exports are rising as OPEC-plus quotas continue to loosen and high global oil prices bring record revenues.

Jul 20, 2022

Iraq refining sector makes incremental gains

Projects nearing completion this year could boost refining capacity by 140,000 bpd, despite chronic failures to attract foreign capital.

Jul 8, 2022

Kurdistan amends regional oil law, reviving Oil and Gas Council

New amendments give the KRG's ruling party control of the energy sector's main policymaking body, which had been dormant for more than two years.

Jul 4, 2022

Baghdad court declares four KRG oil contracts void

Secretive ruling marks escalation in Oil Ministry campaign to end Kurdistan's oil sector independence.

Jul 4, 2022

Baghdad court rejects Kurdistan’s delay tactics in lawsuit against IOCs

The Oil Ministry’s lawsuit against seven oil companies operating in Kurdistan gained momentum as a Baghdad judge moves toward reviewing contracts.

Jun 29, 2022

Halliburton pledges to obey blacklist policy against KRG oil sector

Three major U.S. oil services companies have now told the Oil Ministry they will comply with new restrictions stemming from February's landmark court ruling against Kurdistan.

Jun 28, 2022

Oil services companies bow to Baghdad blacklist

Oil Ministry pressure tactics are beginning to inflict pain in the wake of the Federal Supreme Court's landmark ruling against Kurdistan's energy sector.

Jun 28, 2022

Khor Mor expansion suspended after rocket attacks

Repeated attacks have halted a major U.S.-financed project to expand Kurdistan’s electricity feedstock and develop extra capacity toward potential, future gas exports to Europe.

Jun 23, 2022

Erbil court postpones case against Oil Ministry leaders

Defending its oil sector independence, the KRG has so far succeeded at entangling Baghdad's legal offensive in procedural delays.

Jun 16, 2022

Iraqi crude output falls 79,000 bpd in May

OPEC's second-largest producer is struggling to take advantage of loosening quotas and spare capacity due to infrastructure bottlenecks.

Jun 14, 2022

Baghdad threatens Kurdistan oil contractors with blacklist

Expansive policy targets both IOCs and sub-contractors, raising pressure on Kurdistan's oil sector amidst legal battles.

Jun 9, 2022

Kurdistan opens new front in Baghdad legal battles

A new lawsuit filed in Erbil could complicate the Oil Ministry's legal action in Baghdad against Kurdistan's oil companies.

Jun 8, 2022

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.

Jun 5, 2022

Court postpones hearing in case against Kurdistan’s IOCs

Oil companies did not send authorized representatives to court Sunday, prompting a delay in the Oil Ministry's new lawsuit seeking to enforce a landmark ruling against Kurdistan's oil sector.

Jun 2, 2022

Baghdad launches legal action against Kurdistan’s oil companies

IOCs summoned to appear in federal commercial court as Oil Ministry also signals international legal campaign against Kurdistan's oil sector independence.

May 27, 2022

Despite turbulence, Kurdistan’s IOCs look to raise spending and output

High oil prices are spurring international oil companies in Kurdistan to raise production, even as they face new legal threats, political upheaval, and commercial uncertainty.

May 19, 2022

Iraq’s April oil production holds steady

Output increases at several IOC-operated fields in southern Iraq were offset by cuts from Basra's state-operated fields.

May 17, 2022

Tensions rise over alleged intrusion at Kirkuk oil wells

Iraq's North Oil Company has accused the KRG of trying to grab control of oil wells at Bai Hassan field, reflecting a long history of mistrust and political friction.

May 3, 2022

April exports rise by 200k bpd

Countrywide oil sales have rebounded to their highest level in two years, although infrastructure bottlenecks threaten to limit further increases.

Apr 27, 2022

Iraq taps Dhi Qar oil fields for capacity expansion

Production is rising at the Gharraf field, while the Subba field prepares to come back online and the Nassiriya field starts a new drilling program.

Apr 22, 2022

Western sanctions raise hurdles for Russia in Iraq

Russian companies face challenges with payments and reluctance from commercial partners in Iraq following the invasion of Ukraine.