Energy

Iraq begins nationwide production shutdowns

With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.

Oil Minister Hayyan Abdulghani (center) meets with his deputies to plan for production cuts in anticipation of a shutdown in southern oil exports on March 2, 2026. (Photo credit: Oil Ministry)

Jun 25, 2022

Third attack hits Khor Mor gas field

The gas field providing feedstock for most of Kurdistan’s electricity has come under rocket or mortar fire three times in four days.

Jun 24, 2022

Khor Mor gas field attacked again

For the second time in three days, Kurdistan's lynchpin gas field came under attack, during a time of rising political tension in Baghdad.

Jun 23, 2022

Rocket attack targets Khor Mor gas field

The latest strike on the KRG's energy sector narrowly missed gas facilities that provide most of Kurdistan's electricity feedstock.

Jun 23, 2022

Erbil court postpones case against Oil Ministry leaders

Defending its oil sector independence, the KRG has so far succeeded at entangling Baghdad's legal offensive in procedural delays.

Jun 20, 2022

Court again delays Baghdad lawsuit against Kurdistan IOCs

Baghdad's Commercial Court again postponed the Oil Ministry's lawsuit against seven oil companies operating in Kurdistan.

Jun 16, 2022

Iraqi crude output falls 79,000 bpd in May

OPEC's second-largest producer is struggling to take advantage of loosening quotas and spare capacity due to infrastructure bottlenecks.

Jun 14, 2022

Q&A: Finance Minister Ali Allawi

Allawi discusses ending Kurdistan budget transfers, new expenditures under a stop-gap spending law, power payments to Iran, and implementing a Chinese financing deal.

Jun 14, 2022

Baghdad threatens Kurdistan oil contractors with blacklist

Expansive policy targets both IOCs and sub-contractors, raising pressure on Kurdistan's oil sector amidst legal battles.

Jun 9, 2022

Kurdistan opens new front in Baghdad legal battles

A new lawsuit filed in Erbil could complicate the Oil Ministry's legal action in Baghdad against Kurdistan's oil companies.

Jun 8, 2022

Iraq exports dip but revenues hit new record

Monthly oil revenues topped $11 billion, boosted by high global prices, but export levels slipped as Iraq bumps up against infrastructure constraints.