Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to restrain output in an effort to meet OPEC-plus expectations.
BOC is taking major steps to build capacity, even as it limits production in an era of OPEC constraints.
Iraq’s highest court again delayed a ruling on a key lawsuit as it seeks information about past political efforts to cooperate.
Iraq's highest court sided with technocrats who challenged legislation to reconstitute the Iraqi National Oil Company, ruling that several key articles are unconstitutional.
Production capacity is now well over 5 million bpd, but future output could be constrained by infrastructure bottlenecks and OPEC obligations.
Iraq's new electricity minister discusses fast-track power plans, Siemens and GE, and the myth vs. reality of the Trump administration's lobbying for American companies.
Siemens is navigating a new Iraqi government and looking to finalize contracts to help boost Iraq's power production in time for summertime peak demand.
GE is aiming to leverage its existing footprint in Iraq to win new business and help expand power supply throughout the country.
Electricity Minister Luay al-Khatteeb is prioritizing short-term supply gains, seeking to combine elements of two larger proposals from rival multinationals.
Iraq's state-run drilling company is adding new rigs and expanding its footprint.
Federal Iraq posted its highest monthly export total to date in December and, combined with Kurdistan, set a nationwide annual record.
