Commercial traffic to and from Iraq’s main border crossing with Turkey has restarted, after nearly a month of disruptions affected fuel and power supplies in Kurdistan.
Iraq ended 2015 with its best two-month stretch of export volumes ever, but revenue is dropping along with the price of oil.
It once made over $1 million per day in Iraq alone, but now the IS oil sector, which lured hundreds of foreign workers, is struggling to meet its internal demand.
The head of Iraq’s anti-flaring efforts discusses progress – and delays – on the long road to capitalizing on the country's natural gas wealth.
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.
