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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)

New hope for Baghdad-KRG oil and budget deal

Federal financial transfer signals political will to implement an agreement that could result in re-starting northern oil exports, though further hurdles remain.

Drones strike Kurdistan oil fields

Attack on HKN-operated Sarsang field coincides with the company's signing of a preliminary upstream deal with the federal Oil Ministry.