Four new deputy DGs will manage Iraq's southern oil sector – part of an apparent effort to quicken decision-making and address political pressures in Basra.
Iraq's oil minister discusses budget negotiations and the dispute with the KRG over oil fields, exports and revenues.
Iraq's oil minister discusses increasing production despite a fiscal squeeze, measures to keep IOCs whole, the Basra Gas Company and Zubair projects, and more.
The head of Iraq's oil marketing authority touts the market's embrace of the new Basra Heavy crude blend, which will account for most of the country's upcoming export growth.
In combination, Iraq's federal government and Kurdistan region exported about 4 million bpd last month, but both governments still face crippling cash shortages.
Despite some spending cuts, MPs across the political spectrum criticize the budget for its unrealistic expectations, but also expect it to pass.
American oil company Occidental Petroleum has formally notified the Oil Ministry it plans to withdraw from the Zubair project.
Iraq's Oil Ministry is hoping ExxonMobil and CNPC will either fund or takeover a crucial water pipeline project, with an oil deal as payment.
Federal oil sales decline as storms impede Basra Gulf loadings and northern exports are lost to KRG independent sales.
The Malaysian firm operating the Garraf field objects as Dhi Qar province restricts visas in an effort to replace foreign staff with Iraqis.
