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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)

Hunt Oil knew KRG oil deal in disputed territory

According to a State Dept. cable from Iraq, and despite the U.S. Embassy's warnings, the oil company of a George W. Bush intelligence adviser signed a Kurdish oil deal knowing the field was in disputed territory.

Parliament oil law creates contract review process

The Iraq oil law proposed by the Parliament creates a politicized board for reviewing old oil contracts and a new council for setting policy, according to the draft obtained by Iraq Oil Report.

Oil law walkout

The oil law is postponed again, awaiting political deal after Maliki MPs walked out during first reading, saying they needed more time.

Southern oil provinces vie for autonomy

Citing impatience with the central government, leaders in Iraq’s richest oil provinces have taken early steps towards combining into a semi-autonomous southern region.