With Iranian gas imports dwindling and U.S. sanctions threats looming, Iraq takes steps aimed at quickly addressing both challenges.
Despite OPEC constraints, Iraq set an all-time record for production in 2019 while building significant, new spare capacity.
After finishing a reservoir study, BP knows what it will take to revitalize Kirkuk's oil fields — but no development contract is imminent.
For the second time in less than a month, protesters in southern Iraq have impeded staff from accessing the 80,000 bpd oil field.
Ahdab field still producing, officials say, though protesters using road and checkpoint blockages could create logistical obstacles that could shut in fields.
Iraq finished 2019 with its lowest monthly production average of the year due to OPEC cuts and a brief output drop at its most prolific field.
A tribal dispute over contracts burst into violence, with field employees caught in the crossfire.
Ameedi's replacement by Maarij is one of many changes as a new retirement mandates kick in and Ghadhban continues staffing reshuffle.
Billions of oil dollars and access to Iranian power and gas are at risk if Trump rejects a sanctions waiver renewal next month – or worse, if Iraq is sanctioned itself, as he has threatened.
Oil sales have jumped by 1 million bpd in the past five years, though future growth prospects are clouded by geopolitical uncertainty.
