In an era of depressed oil prices and budget disputes, the KRG has lost most of the revenue that underwrites its economy, and has no clear plan for bridging its deficits.
Foreign staff of the Shell-Mitsubishi-Iraq joint venture left the country after local workers protested for unpaid salaries.
The company responsible for distributing much of Iraq's fuel is taking new precautions during the pandemic but operating without interruption.
As the Oil Ministry seeks cost savings and production cuts in response to crashing oil prices, drilling programs are being cut – battering the business of Iraq's state-run drilling company.
A top Basra oil leader reveals which fields are being cut under the new OPEC-plus deal and discusses how Iraq's financial squeeze is affecting BOC projects and planning.
More in Energy
New finance minister takes on oil portfolio after political pressure derailed original proposed by new Prime Minister Mustafa al-Kadhimi.
More in Politics
Kadhimi and 15 members of his Cabinet were approved by Parliament early Thursday but political disputes blocked an oil minister from being nominated and others from passing.
More in Security
The Islamic State group capitalized on deteriorating U.S.-Iraqi relations as a pandemic further distracted the unfinished fight against it.
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- Attacks on oil security blamed on Islamic State group expose gap in securing northern Iraq
- Oil Ministry, MPs condemn rocket attack on oil sites in Basra
- Iraq’s health sector fears coronavirus overload
- Q&A: Dr. Adham Rashad Ismail, WHO head of mission in Iraq