Energy

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.

KRG Prime Minister Masrour Barzani (right) receives Iraqi Prime Minister Mustafa al-Kadhimi (left) in Erbil on September 10, 2020. (Photo credit: Kurdistan Regional Government)

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.

Fuel smuggling causes shortages and spiking prices

Smugglers are exploiting a growing margin between government-subsidized fuel and market prices in an illicit trade that is squeezing Iraq's fuel supply and costing the government billions.

Protests shut down Nassiriya field

The 60k bpd field is the second in two days to stop production amid global supply concerns as Russian war in Ukraine continues.