October oil output stayed near Iraq's high-water mark for the year as the newly elected prime minister expressed support for OPEC-plus but criticism of Iraq's quota.
Nationwide exports increased by 36,000 bpd in October, but imminent OPEC-plus cuts could crimp sales in November.
Kurdistan's contracts with Addax, ShaMaran, and Gulf Keystone have been ruled invalid; cases against Dana Gas and Gazprom Neft are ongoing.
The field awarded to Kogas to develop in 2010 but then shut down by security issues for nearly a decade has been connected to a nearby power plant by Iraqi state oil and gas workers.
Output stays above 4.7 million bpd for third straight month, but reductions are on the horizon as tighter OPEC quotas take effect in November.
Revenues fell with global oil prices, but higher export volumes through Ceyhan helped offset a pipeline leak that temporarily halted Basra Gulf tanker loadings.
Political hurdles and unresolved commercial negotiations have set back Iraq's most ambitious plans for associated gas. Smaller projects could start to fill the vacuum.
The Federal Supreme Court appeared to end Oil Minister Ihsan Ismaael's fledgling efforts to create an Iraqi National Oil Company, ruling its legal foundations "invalid."
The U.S. company joins a growing list of blue-chip oil services firms bowing to the Oil Ministry's pressure campaign against the KRG energy sector.
Iraq’s Al-Basra Oil Terminal has restarted at reduced capacity after it went offline early Friday due to leaks.
Nationwide production topped 4.7 million bpd for the second straight month — the highest output since 2019.
Foreign companies are putting more money into Kurdistan oil fields — and projecting increased production — despite Baghdad's legal campaign against the KRG oil sector.
Exports fell for the second straight month despite elevated OPEC-plus output targets.
Solar could give a game-changing boost to Iraq's electricity supply and budget, but outdated policy, rigid bureaucracy, and political dysfunction stand in the way.
Production increased sharply at key southern fields but infrastructure bottlenecks still limit Iraq's ability to take advantage of rising OPEC quotas.
Baghdad is expanding its campaign to invalidate Kurdistan's oil contracts, filing new cases against the Russian and Emirati companies.
Iraq's crude sales receded in July as seasonal demand spikes fueled domestic consumption and quality issues hurt the marketing of Basra Heavy.
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.
Production and exports are rising as OPEC-plus quotas continue to loosen and high global oil prices bring record revenues.
Projects nearing completion this year could boost refining capacity by 140,000 bpd, despite chronic failures to attract foreign capital.
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.
Secretive ruling marks escalation in Oil Ministry campaign to end Kurdistan's oil sector independence.
The Oil Ministry’s lawsuit against seven oil companies operating in Kurdistan gained momentum as a Baghdad judge moves toward reviewing contracts.
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.
