Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.
A key transit point for fuel exports and imports, as well as sales of crude from the Qayarah field, the Khor al-Zubair port is expanding.
New cross-border lines promise to help underserved Anbar province as Iraq aims to diversify its electricity supply.
Gunmen made threats against a mine clearance subcontractor over land compensation claims that some security officials described as attempted extortion.
After a lower OPEC-plus quota appeared to dampen Iraqi exports in January, oil sales bounced back in February.
Cabinet approves direct negotiations for a combined upstream and refinery deal that the Oil Ministry has tried to advance for over a decade.
Iraq's state-run Oil Projects Company has helped drive recent progress at Rumaila and the Shuaiba refinery, but key export expansion projects are still far from completion.
Oil Ministry aims for capacity increases in 2024 despite tighter OPEC-plus quota and infrastructure bottlenecks.
Thursday's attack on the gas field — the seventh in two years — caused a fire and forced a shutdown in gas production critical for power supplies in both Kurdistan and federal Iraq.
Iraq's largest refinery has expanded its capacity by 70,000 bpd after long delays related to an unresolved dispute with a contractor.
