SOMO asserted its exclusive rights over oil sales following the revelation of KRG oil trucking to Turkey, warning violators of impending legal action.
Country faces task of replacing retiring leaders of the oil sector.
Protests sparked by the arrest of Finance Minister Rafa al-Essawi's security staff have grown into anti-government demonstrations that risk reopening destructive Sunni-Shia tensions.
Iraq's Deputy Prime Minister for Energy discusses KRG exports, ExxonMobil's looming deadline, and a new production target to reach by 2017.
Amidst rising Kurd-Arab tensions, Prime Minister Maliki's allies are taking aim at Kurdistan's economic imperatives – its share of the federal budget, and funding guarantees for oil contractors.
After clearing the Turkish energy minister's trip to Erbil, Baghdad authorities suddenly revoked approval for his flight, highlighting growing tensions with Ankara.
In its new draft budget, the federal Cabinet has allocated just $625 million in advance payments for KRG exports – well short of Kurdish expectations.
After a shootout between Iraqi Army and Kurdish security forces in disputed territories, both sides are mobilizing troops, raising the specter of an escalating civil conflict.
Details of Garraf worker deaths Kidnapping, violence in Kirkuk Rumaila-Zubair pipeline secured Missan to start demining project
In a move that would bolster Kurdish oil autonomy, a new Turkish state company is negotiating with the KRG to take stakes in at least five exploration blocks.
