Under a new agreement, Kurdistan could start receiving 200 billion Iraqi dinars per month.
The MP leading Parliament's oversight of Iraq's oil and electricity sectors discusses the importance of gas development and the status of INOC legislation.
Kadhimi's government is seeking to strike down budget provisions added by Parliament, including new financial rules for state-owned oil companies and fuel import taxes.
Delta Crescent Energy's oil deal with the Kurdish-led opposition in northeast Syria is in jeopardy as the Biden administration reconsiders a Trump-era sanctions waiver.
Weeks after taking office, Dhi Qar's new governor discusses aspirations for quelling oil protests, raising employment, and attracting investment.
Iraq cannot pay oil companies on time under its 2021 budget law, the Oil Ministry said in an official letter seeking a legal intervention.
Days after the field was shut down because of disputes between politically connected trucking companies, the Kurdistan region has regained 30,000 bpd of production.
The new budget law lays out a revised framework for Baghdad-Erbil oil and revenue cooperation and projects a record deficit that is only likely to be filled if global oil prices remain high.
Kurdistan could be deprived of $1.5 million per day worth of oil production due to a dispute between trucking companies associated with competing factions of the PUK party.
Hydrocarbons and national oil company laws get renewed push after more than a decade of political deadlock.
