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Politics

Northern exports stalled by Baghdad-Erbil disputes

With southern oil exports choked off by war, Baghdad cannot use its only backup pipeline route because of a fight with the KRG over customs revenue control.
Oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned Petroleum Pipeline Corporation (BOTAS). (UMIT BEKTAS/Reuters)

Government formation stalemate deepens

Nouri al-Maliki's path to the premiership becomes increasingly unlikely as political power brokers struggle to contend with U.S. opposition and regional uncertainty.

Chevron eyes Lukoil’s Iraq assets

The American company is emerging as the leading contender for the 480,000 bpd West Qurna 2 field as U.S. sanctions appear to be squeezing Lukoil out of Iraq.