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Energy

Iraqi wartime production cuts reach 3.6 million bpd

Iraq is navigating acute logistical and infrastructure challenges to maximize refinery consumption and exports while the Strait of Hormuz remains closed.
Workers from the state-run Iraqi Drilling Company (IDC) work on a well at the West Qurna 1 field in Basra in March 2026. (Photo credit: IDC)

Blacklist enlarged and challenged

By working in the KRG, a Chinese company is barred from bidding for oil fields offered by Baghdad, while a Korean firm is apparently back at work despite oil purchases.

New INOC put on hold

National oil company restart delayed by politics, election campaigns, and the logistical nightmare of creating a new oil regulatory regime.

KRG: cleared by Oslo Stock Exchange

Meeting in Oslo, KRG representative said he was told by regulator that the government and minister were never a target of investigation into DNO stock sale.

DNO lashes out at Bors

The Norwegian oil firms’ shares plummet as trading resumes following the temporarily suspension following the explosive dispute with Kurdistan Regional Government.

DNO’s Iraq operations suspended

KRG threatens to make shut-down permanent, says name is tarnished in dispute between the Norwegian oil firm and its home regulator.