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Energy

Iraq oil exports flat in January

Export volumes held steady in January while revenues appeared to increase slightly on higher global crude prices.
A worker checks the valve gears of pipes linked to oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned pipeline company Botas. (UMIT BEKTAS/Reuters)

Subba field risks shut-down

After just six months in production, the Subba field is faltering due to bureaucratic dysfunction, tight budgets, and insufficient processing infrastructure.

Oil Ministry order sets INOC in motion

A 12-person committee will study best international best practices and develop recommendations for implementing a new law to re-create the Iraq National Oil Company.