Memo alleges heavy-handed dismissals of local labor risk relationship with BOC.
October exports jump as northern pipeline resumes
Exports via Turkey boosted Iraqi oil sales while a deadly oil depot fire had only limited impact on southern volumes.
Energy
Basra Oil Company warns service companies against layoffs
Fields and refineries shut in as Iraq production drops ahead of deeper OPEC cuts
Falling demand forced crude output to two-year lows in March, putting the squeeze on Iraq's oil sector even before a new OPEC quota reduction takes effect.
Iraq slashing allocations to largest refinery as demand plummets
The move reflects domestic storage limitations and the global demand shock that led OPEC and other producers to drastically curtail output through the rest of the year.
Cross-border fuel pipeline delayed by Iranian, KRG bureaucratic tangle
Red tape and rivalries have prevented the startup of a short pipeline designed to improve the efficiency of the KRG's fuel imports from Iran while mitigating coronavirus risk.
Government scrambles for solutions as Iraq faces financial free fall
Confronting low oil prices and a pandemic, Iraq will likely be forced to draw heavily from its foreign currency reserves while slashing oil and investment spending.
Oil Ministry, MPs condemn rocket attack on oil sites in Basra
Investigators say rocket attack on Iraqi and foreign oil sites was likely part of a broader conflict between paramilitaries and U.S. in Iraq.
March oil revenues drop sharply, but exports steady
Despite operational disruptions posed by the coronavirus crisis, Iraq maintained its pace of oil exports — but falling global prices sent monthly government revenue to a four-year low.
Mandatory retirement further strains Oil Ministry capacity
Senior Deputy Oil Minister Fayadh Nema is retiring – the latest top ministry official to leave his post after a new law reduced the mandatory retirement age.
New pipeline streamlines KRG-Iran fuel trade
A newly built cross-border pipeline is expected to begin pumping imminently, allowing Iraqi Kurdistan to continue Iranian fuel imports while reducing truck traffic and coronavirus risks.
U.S. tightens window on Iraq’s new sanctions waiver
Iraq's latest Iran sanctions waiver is the shortest yet – 30 days – reflecting an ongoing strain in relations between Baghdad and Washington.