Crude production and exports decreased in November as Iraq began output cuts in response to tighter OPEC-plus output targets.
Turkey’s latest military campaign is targeting energy infrastructure in northeast Syria, depriving the Kurdish-led autonomous region of fuel and power — and potentially export revenue.
The 2023 national budget is the first test of the new Iraqi prime minister's pledge to improve relations between Baghdad and Erbil.
Iraq is racing to upgrade transmission infrastructure and improve electricity service in the south in time for next summer.
The PUK leader discusses deteriorating political rivalries within Kurdistan and their impact on both gas development and impending negotiations with Baghdad over oil rights.
Leaders are openly discussing the dissolution of a strategic agreement for united governance that has underpinned Kurdistan's stability and oil sector independence.
October oil output stayed near Iraq's high-water mark for the year as the newly elected prime minister expressed support for OPEC-plus but criticism of Iraq's quota.
An oil smuggling ring was stealing thousands of barrels per day from a pipeline in Basra. The true contours of the conspiracy remain a mystery.
Nationwide exports increased by 36,000 bpd in October, but imminent OPEC-plus cuts could crimp sales in November.
For the past year an ostensibly grassroots movement with ties to Iran-aligned parties has laid political groundwork for Iraq to embrace China’s Belt and Road Initiative.
