The Oil Ministry has shortened the deadline for its fifth bidding round, giving companies just days to evaluate big changes to the contract model.
As Basra Oil Company prepares to take over operatorship from Shell, it is finalizing contracts with KBR and Anton to help manage the super-giant field.
Pearl Petroleum has signed a Gas Sales Agreement that promises to boost KRG natural gas output this year and more than double it by 2020.
Rising output at Iraq's two most prolific fields boosted the country's production average.
Iraq's oil exports chief discusses Baghdad-Ankara-KRG oil negotiations, a new oil trading joint venture, and the possibility of a third grade of Basra crude.
NOC is taking initial steps to bring some production at Bai Hassan and Avana Dome back online, increasing crude flows to refineries in Kurdistan.
The Chinese state-owned company is looking to form an oil trading joint venture with SOMO and develop the East Baghdad oil field.
Following the passage of seminal legislation to resurrect the Iraq National Oil Company, one of the principal authors discusses how it will reshape the country's oil sector.
New legislation could restructure the oil sector, creating a new executive body for field management and limiting the Oil Ministry to strategic policy and regulatory functions.
Iraq's new $88 billion budget reflects a widening political divide between Baghdad and the Kurdistan region.
