The Iraqi Cabinet has approved the newly formed Iraqi National Oil Company (INOC) to take a partnership stake in a multi-faceted energy deal.
Four months after the Ninewa province field came back online, production has again stopped.
Nationwide exports hit their highest monthly average since May 2020.
Work on the Grand Fao port project is moving forward, and oil product exports via Khor al-Zubair are getting an upgrade.
The Islamic State militant group is staging increasingly bold attacks on both security forces and civilians in northern Iraq, with energy infrastructure also at risk.
Production continues to increase as Iraq takes advantage of rising OPEC-plus quotas.
Iraq has begun enforcing legislation that prevents foreigners from owning a majority stake in any Iraqi company, casting new uncertainty on an already difficult investment climate.
Expansions of southern Iraq's refining capacity appear to depend on negotiations with foreign investors.
As Kurdistan's authorities crack down on flaring, a $110 million project by Norway's DNO shows how capturing the associated gas produced along with crude can help both the environment and the bottom line.
The U.S. government's overseas lending facility has approved a huge loan to finance new gas supplies, signaling direct support for Kurdistan's energy sector.
