To meet ambitious oil production targets, Iraq needs to supply Basra oil fields with water – and now, a long-delayed project is finally moving forward.
The KRG trying to become a self-sufficient producer of fuel – a goal made more urgent by intensifying security and political challenges.
Region makes unilateral move to control up to 200,000 bpd of oil without federal or provincial approval.
September was the third-highest month for oil exports in 2014, as Iraq's new oil minister sets his sights on removing infrastructure bottlenecks and other obstacles to development.
Amidst complaints over unpaid land compensation, protesters have disrupted the Russian oil giant's development of a KRG exploration block.
A new contract for Iraq's most prolific oil field lowers output, extends the life of the deal, and gives BP and CNPC a larger stake.
Despite rising production, Iraq's monthly exports fell in August due to infrastructure delays and disruptions stemming from the rise of ISIS.
After months of sporadic pipeline export sales and legal skirmishes with Baghdad, the KRG is still courting legitimacy on the international market.
While violence has taken Iraq's northern oil sector almost entirely offline, growing production and export capacity in the south is keeping Iraq afloat.
An Iranian ban on Kurdish crude and fuel exports eliminates a major route for companies to monetize production and threatens to further reduce KRG revenues.
