Iraq depends on Iran for more than one-third of its power generation — a major sticking point as Washington prepares to re-impose sanctions.
With more than 300,000 bpd of new capacity coming online this year, Iraq is well positioned to take market share as U.S. sanctions snap back on Iran.
Iraq's oil marketing chief discusses rising export capacity, OPEC dynamics, oil trading joint ventures, and the status of a nascent hedging program.
For the second straight month, Iraq has increased production by more than 100,000 bpd as it unleashes latent capacity.
Despite ongoing violence, including a weekend pipeline bombing, the Baiji refinery's resumption of operations marks progress in Iraq's northern oil sector.
Iraq's Federal Supreme Court is struggling to appoint impartial technical experts to help parse the arguments over the legality of Kurdistan's independent oil sector.
The recent killing of a protester fueled renewed anti-government demonstrations in Basra city and around several oil fields, some of which turned deadly.
Surge in output from both federal Iraq and Kurdistan were backed by increasing oil prices.
The Supreme Court rescinded the appointment of a technical expert after KRG lawyers challenged his objectivity, further delaying a case to adjudicate Baghdad-KRG oil disputes.
The Basra governor wants to hold IOCs responsible for building treatment plants for a province starved of clean water.
