The anti-IS coalition has at least temporarily set aside divergent interests in a concerted effort to dislodge militants from Ramadi and Fallujah.
Both sides are seeking multi-billion-dollar damages in a bitter battle over Kurdistan's most prospective gas fields.
The overhaul in Iraq's blending and marketing of southern crude helped raise southern exports and compensate for a dip in northern exports hampered by political disputes.
Iraq has cut the annual budget of its second-most-prolific oil project by nearly 50 percent, as part of a broader effort to reduce oil field development costs in response to a financial crisis.
A senior official at the state-run North Oil Company, who was last year put forward to be the next director general, was assassinated as he left work on Sunday.
With Kurdistan's export pipeline tangled in politics, beleaguered oil producers hoped they could make ends meet with domestic sales – but demand has been uneven at best.
The Kurdistan Regional Government (KRG) is moving forward with a plan to raise money for stalled infrastructure projects by issuing bonds.
A brief but dramatic drop in the value of the Iraqi dinar is another worrying sign of the fragility of the country's economy.
A new grade of Iraqi crude has helped unlock latent production capacity – and poses challenges to the country's infrastructure.
The Oil Ministry will soon formally request to capitalize and transfer assets to a new state oil company to manage the growing crude output of Dhi Qar province.
