Remnants of the IS militant group have stepped up the pace and reach of operations throughout northern Iraq, including attacks near energy infrastructure.
The Oil Ministry has initialed a contract with Stroytransgaz – a target of U.S. sanctions on Russia – for exploration and development in Anbar province. The deal awaits final Cabinet approval.
The federal Oil Ministry and the KRG both increased export rates, largely offsetting a decline in global crude prices.
As Iraq pursues energy independence, the country's oil chief is streamlining the bureaucracy, crafting new investment incentives, and preparing to award mega-projects.
Iraq's largest state oil company is expanding production capacity and building new infrastructure as it waits out an OPEC quota.
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After terminating its contract with TPAO, the Oil Ministry is relying on the state-run Midland Oil Company to operate a key gas field — and is seeking private-sector partners.
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Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
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Two months into Turkey's new military offensive targeting PKK positions in Iraqi Kurdistan – and following the assassination of a Turkish diplomat in Erbil – a decades-old conflict is entering a volatile new phase.