Lukoil has extended the life of its West Qurna 2 deal, decreasing the production target and leaving the remuneration fee unchanged.
Oil sales demonstrate Kurdish readiness to defy Baghdad and ignore American pressure in a bid to increase ties with Turkey and pay oil companies.
Kirkuk violence intensifies Basra gets power barge upgrade Missan posts record production Diyala details female prisoner demands
Oil exports fell by 272,000 bpd in December – a steep decline to end a year marked by booming production and significant volatility.
In an urgent quest for more export capacity and diverse routes, the Oil Ministry is recruiting international firms to build a 1 million bpd pipeline to Aqaba.
Diyala smuggler crackdown success Lukoil opens WQ2 training center Missan opens oil institute Nassiriya airport plan approved
The former national security adviser to President Obama calls for a U.S. policy shift that would embrace Iraqi Kurdistan's oil deals.
Halfaya farmers protest PetroChina Oil workers abducted in Anbar Missan part of Iran field talks Basra parties maneuver for elections
ExxonMobil will spud exploration wells mid-2013 including in disputed areas.
Crude exports from Kurdistan have nearly stopped as companies lose faith in the Sept. 13 agreement that promised KRG-Baghdad cooperation and payments.
