Politics

Baghdad court rejects Oil Ministry effort to invalidate KRG oil contracts

The Karkh Court of Appeals has denied an Oil Ministry appeal and reversed a series of 2022 rulings that declared several KRG oil contracts void.

Workers measure the pressure at the Central Processing Facility at the Tawke oil field in Iraqi Kurdistan in August 2012. (SEBASTIAN MEYER/Metrography/Iraq Oil Report)

Aug 30, 2021

Baghdad makes second KRG budget transfer

Erbil has now received $138 million payments in both July and August, as a fragile political deal revives financial flows that had been stalled since October 2020.

Aug 27, 2021

Macron visit feeds hopes of breakthrough for Total deal

The French president's second trip to Iraq in less than a year could potentially help push a massive energy deal across the finish line for TotalEnergies.

Aug 11, 2021

Q&A: Kurdistan Region VP Sheikh Jaafar Sheikh Mustafa

The former Peshmerga leader and PUK politburo member reflects on the priorities and crises facing the Kurdistan Region of Iraq.

Jul 30, 2021

Despite one payment, Baghdad-Erbil budget stalemate continues

Officials on both sides say a July financial transfer was a one-off deal, as political and technical disputes hold up further federal budget payments for Kurdistan.

Jul 30, 2021

Q&A: Oil Minister Ihsan Ismaael

Iraq’s oil chief discusses negotiations with Total and Chevron, arbitration with Exxon, the future of INOC, several gas project updates, and budget talks with the Kurdistan region.

Jul 14, 2021

PUK leadership rift threatens stability in gas rich Sulaimaniya

Security forces in Sulaimaniya were mustered on behalf of respective party leaders as negotiations continue.

Jul 12, 2021

Baghdad releases $138 million to KRG days before Kadhimi’s Washington visit

The budget transfer relieves some financial pressure on Erbil, though regular payments going forward are hardly assured.

Jul 9, 2021

Pandemic worsens for Iraq as Delta variant and vaccine hesitancy take root

Iraq's covid-19 infection rate has peaked for a third time, to a record high, putting dire pressure on an overloaded health care system.

Jun 29, 2021

Electricity crisis worsens as Iran cuts supply and minister resigns

Power blackouts throughout Iraq threaten to cause new bouts of social unrest over chronic failures to build adequate domestic gas and electricity supply.

Jun 18, 2021

Hope rises for Baghdad-Erbil budget deal, but hurdles remain

Under a new agreement, Kurdistan could start receiving 200 billion Iraqi dinars per month.