Upset about provisions in Iraq's draft budget law, refinery employees are shutting down tanker traffic and threatening a crippling fuel shortage.
Baghdad has compensated for lost exports via Turkey with increased southern oil sales, but KRG exports remain entirely offline.
Politicians are bristling at contractual terms that many investors demand to help protect them from the dysfunction of Iraq’s investment climate.
A subsea pipeline project could lift export capacity by 500,000 bpd in just over a year, but the funds can't be released until Iraq passes a new budget.
The director general of Iraq's state-run ports company discusses ongoing expansions and the resumption of Qayarah crude exports from Khor al-Zubair.
Last-minute additions to the budget bill could undermine a new framework for oil and financial cooperation needed to restart northern exports and support Kurdistan’s oil sector.
Baghdad has sent nearly $1 billion to Kurdistan since March, highlighting political cooperation that could grow into reliable financial flows with the passage of a new budget law.
Southern Iraq's top oil leader discusses efforts to activate a deal with TotalEnergies, expand production capacity, and overcome export infrastructure bottlenecks.
Oil Ministry launches new effort to attract investment in 13 oil and gas fields and exploration blocks.
Iraq is developing new production capacity, but output is currently falling because of infrastructure bottlenecks in the south and the prolonged Turkey pipeline shutdown.
