Production capacity is now well over 5 million bpd, but future output could be constrained by infrastructure bottlenecks and OPEC obligations.
Iraq's new electricity minister discusses fast-track power plans, Siemens and GE, and the myth vs. reality of the Trump administration's lobbying for American companies.
Siemens is navigating a new Iraqi government and looking to finalize contracts to help boost Iraq's power production in time for summertime peak demand.
GE is aiming to leverage its existing footprint in Iraq to win new business and help expand power supply throughout the country.
Electricity Minister Luay al-Khatteeb is prioritizing short-term supply gains, seeking to combine elements of two larger proposals from rival multinationals.
Iraq's state-run drilling company is adding new rigs and expanding its footprint.
Federal Iraq posted its highest monthly export total to date in December and, combined with Kurdistan, set a nationwide annual record.
Power generation is increasing now that the KRG has settled crippling legal disputes, unlocking new supplies of natural gas feedstock.
After years of negotiations, the Southern Iraq Integrated Project is gaining traction - a critical piece of Iraq's long-term plans to increase production and exports.
Court wants to know content of new government's proposed changes to earlier national oil company law before deciding how to rule on the legal challenge.
