As the U.S. evacuates diplomatic personnel, citing threats from Iran, Iraq's oil sector and its IOC partners maintain status quo.
Iraq's largest refinery is set to expand by over 30 percent this year.
The Cabinet threw political weight behind the Southern Iraq Integrated Project, injecting momentum into negotiations over a massive infrastructure deal that is critical to Iraq's production and export growth.
Political leaders on both sides indicate their court battle is still on, but the proceedings are delayed, pending a revised pleading from the prime minister.
Rumaila produces one-third of Iraq's oil, and it's poised to grow — if it can get enough water and related infrastructure approved and in place.
Future growth at Iraq’s largest oil field hinges on unresolved plans for meeting the project’s massive demand for new water supplies.
Iraq's oil sales are well below capacity due to OPEC cuts, but monthly revenues are trending upward along with global crude prices.
After spearheading a major new survey of Iraq’s energy sector, the IEA’s executive director previews his key insights and policy recommendations.
A perfect storm of factors — OPEC cuts, bad weather in the Basra Gulf, and flooding — caused Iraq’s output to fall by more than 4 percent.
After a former Petrofac executive pled guilty to paying bribes in Iraq and Saudi Arabia, the Oil Ministry has ordered an end to negotiations over the Ratawi gas hub.
