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Energy

Damascus moves to centralize control over Syrian oil sector

Kurdish-led authorities in northeast Syria are losing their hold on the country’s largest oil fields as foreign investors look for opportunities.
A delegation from the Syria Petroleum Company visits oil facilities in northeast Syria in January 2026, shortly after they came under control of the Damascus government. (Photo credit: SPC)

Iraq oil output rebounds in August

Production increased in August as OPEC-plus quotas continued to ease and fields in Iraqi Kurdistan recovered from drone attacks.

Iraqi oil sales steady in August

Export levels were unchanged from July to August as authorities in Baghdad and Erbil continue talks to resume northern crude flows to Turkey.

Iraq takes action on illicit oil schemes

U.S. designation of a key oil sector logistics provider highlights sanctions risks, prompting Iraqi measures to combat corruption in fuel trading.

Iraq crude production strong in June

Operational disruptions caused by the Israel-Iran war do not appear to have affected Iraqi crude output, which was virtually unchanged from May to June.

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.