The new leader of Iraq’s state-run well drilling firm discusses plans to expand its rig fleet and increase revenues.
The Oil Ministry has issued major upward revisions of its February and March export figures, while preliminary data show a dip in April.
Iraq is once again leveraging upstream development to finance gas and power projects.
Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus quota compliance.
Cabinet taps state-run Midland Oil Company as operator for fast-track gas field development with help from SLB, but contentious ouster of Ukrzemresurs could spark litigation.
A China-Iraq finance program is set to provide billions of dollars for a seawater supply project that promises to enable a transformational increase in Iraq's oil production.
The Basra MP talks about the prospects for and obstacles to energy sector development in southern Iraq, Kirkuk, and Kurdistan.
Export volumes declined in March, but Iraq also revised its official February figure sharply upward as OPEC-plus shifts is quota strategy.
Hard-liners in Baghdad appear to be rejecting compromise with oil companies in negotiations to reopen the northern pipeline to Turkey.
Nationwide output fell by about 60,000 bpd, but appears set to rebound as Iraq's most prolific field recovers from a damaging fire.
