Saddled with debt to oil traders, Erbil remains unable to make payroll despite increased exports.
The most strategically important energy firm in Kurdistan, KAR manages the majority of the region's production and refining capacity, and its export pipeline.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
The American super-major, whose 2011 contracts with Kurdistan spurred an investment bonanza, has relinquished the Qara Hanjeer, Arbat East, and Betwata blocks.
Iraq's top oil salesman discusses the future of Basra Heavy, the choices necessary to implement the OPEC quota deal, and making more money on Kirkuk oil sales.
Federal Iraq posted its highest-ever rate of oil exports, with increases from both south and north.
Before they were driven out of Qayarah, IS militants destroyed a refinery that powered the economy of Ninewa province. Now, it's a focal point in efforts to rebuild.
Estimates show Iraq is producing and exporting oil at near-record levels ahead of OPEC quota discussions.
Iraq had invited IOCs to bid on new development deals. But now state companies will handle some of those fields, and Iraq will delay contracting others until next year.
Even with higher oil prices and advance payments from oil traders, revenues still fall short of KRG budget needs.
