Energy

Iraq terminates Akkas contract, drawing legal threats

Cabinet taps state-run Midland Oil Company as operator for fast-track gas field development with help from SLB, but contentious ouster of Ukrzemresurs could spark litigation.

Personnel from the Ukrainian company Ukrzemresurs pose in front of the Akk-1 well at the Akkas gas field after completing emergency maintenance work in the first quarter of 2025. (Photo credit: Ukrzemresurs)

Jun 29, 2022

Halliburton pledges to obey blacklist policy against KRG oil sector

Three major U.S. oil services companies have now told the Oil Ministry they will comply with new restrictions stemming from February's landmark court ruling against Kurdistan.

Jun 28, 2022

Oil services companies bow to Baghdad blacklist

Oil Ministry pressure tactics are beginning to inflict pain in the wake of the Federal Supreme Court's landmark ruling against Kurdistan's energy sector.

Jun 28, 2022

Khor Mor expansion suspended after rocket attacks

Repeated attacks have halted a major U.S.-financed project to expand Kurdistan’s electricity feedstock and develop extra capacity toward potential, future gas exports to Europe.

Jun 25, 2022

Third attack hits Khor Mor gas field

The gas field providing feedstock for most of Kurdistan’s electricity has come under rocket or mortar fire three times in four days.

Jun 24, 2022

Khor Mor gas field attacked again

For the second time in three days, Kurdistan's lynchpin gas field came under attack, during a time of rising political tension in Baghdad.

Jun 23, 2022

Rocket attack targets Khor Mor gas field

The latest strike on the KRG's energy sector narrowly missed gas facilities that provide most of Kurdistan's electricity feedstock.

Jun 23, 2022

Erbil court postpones case against Oil Ministry leaders

Defending its oil sector independence, the KRG has so far succeeded at entangling Baghdad's legal offensive in procedural delays.

Jun 20, 2022

Court again delays Baghdad lawsuit against Kurdistan IOCs

Baghdad's Commercial Court again postponed the Oil Ministry's lawsuit against seven oil companies operating in Kurdistan.

Jun 16, 2022

Iraqi crude output falls 79,000 bpd in May

OPEC's second-largest producer is struggling to take advantage of loosening quotas and spare capacity due to infrastructure bottlenecks.

Jun 14, 2022

Q&A: Finance Minister Ali Allawi

Allawi discusses ending Kurdistan budget transfers, new expenditures under a stop-gap spending law, power payments to Iran, and implementing a Chinese financing deal.