Bad weather at southern export terminals disrupted tanker loadings and forced shut-ins at oil fields, but spare capacity is ready to come online as OPEC quotas rise.

After years of financing challenges and delays, the Karbala refinery is almost ready to start producing high-quality fuel to feed rising domestic demand.

Increased tariffs are set to cost oil-producing companies millions of dollars per month — the latest headwind for Kurdistan's oil sector investors.

Independent oil exports from Iraqi Kurdistan increased slightly, but oil prices helped Iraq overcome federal export slump.

Severe electricity shortages come at a politically sensitive time, highlighting the chronic weakness of Iraq's energy infrastructure and its over-reliance on Iranian imports.

Sinopec has agreed to commercial terms for developing the Diyala province gas field, but Iraq's current caretaker government is not signing a binding contract.