Rising domestic demand has led to a decline in exports – and with the global price of oil falling, Iraq's oil sales.
The head of Shell's projects in Iraq discusses the buildup of Majnoon, the reduction of flaring in Basra, and payments for West Qurna 1.
Dropping its 4th bid round consortium partners, Russia's Bashneft has accepted the Oil Ministry's terms and taken a full stake in exploration Block 12.
Garraf worker deaths More Bai Hassan bombs Finance Min. blamed for Basra power Bombs hit pipeline in Turkey
Kidnap victims held for ransom Bai Hassan wells still leaking Anbar touts Akkas success Basra awards $348M in projects
The powerful Mosul leader wants to move past the days of al-Qaida, and is demanding help from Baghdad, Kurdistan, Turkey and Exxon to get there.
KRG to power neighboring provinces Basra suit over gas company Iraq-Jordan ready oil pact Missan prison guards protest work
Hundreds of millions of dollars planned for increasing equipment, training and workforce of the Oil Ministry's exploration firm in post-4th bid round development.
Iraq, Iran oil officials meet Dhi Qar praises 4th bid round Missan requests Iran power Exxon standardizes local contracting
Iraq is on track to hit $100B in oil sales this year – pending prices – though May output has slightly dropped following two record months.
