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Politics

Iraq grapples with power shortages and Iran sanctions as summer looms

The expiration of a U.S. sanctions waiver on Iranian electricity imports is complicating Baghdad's balancing act between Tehran and Washington, while the government scrambles for power supply ahead of peak demand season.

Workers from the Southern Projects Commission of Iraq's State Company for Oil Projects assemble a pipeline designed to carry regassified LNG imported via the Khor al-Zubair port in Basra to power stations in February 2025. (ALI AL-AQILY/Iraq Oil Report)

Ex-MP vows to continue Rumaila challenge

Lawsuit to topple BP and CNPC's oil deal will continue, as former member of parliament sets to kick off major fundraising campaign and claims allegiance of top Maliki opponents.

Basra plans for spending spree

Basra government starting to calculate how to spend an extra $600 M expected now that a new law gives each province a cut of the oil, gas and fuel it produces.

Court: $250K to continue Rumaila lawsuit

Former member of parliament must pay more than a quarter million dollars or groundbreaking lawsuit challenging constitutionality of first major foreign oil contract will be dismissed.

KRG-Baghdad oil talks advance

Top deputies and technocrats from Baghdad spent time in Erbil this week hashing out the technical framework for progress if a political deal between the central and regional government is reached.

KRG expects Baghdad technical oil delegation

Broad agreement to end oil disputes not expected until after new government, but KRG oil minister said upcoming meetings would make technical progress on oil development.

His Majesty, Moqtada

As Sadr's influence grows, his policies may scare foreign investors in the oil sector.

Insight into Dawa oil thinking

Haider al-Abadi, spokesman for Prime Minister Nouri al-Maliki's Dawa Party, tells Iraq Oil Report the national oil company and a technocrat oil minister is "very important for rebuilding Iraq."

Election shakes up Parliament’s oil seats

Oil Minister Shahristani gets seat riding Maliki's wave while only one of the current members of Parliament's Oil & Gas Committee will return to the legislature.