The Oil Ministry and Honeywell have agreed to initial terms on a project that promises to cut nearly one-fifth of Iraq's current gas flaring – and could help convince the U.S. to keep granting Iran sanctions waivers.
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.