The financial crisis continues to compound the pandemic as Iraq faces a shortage of oxygen, supplies, and health care professionals.
Pivoting away from negotiations with ExxonMobil, Iraq is now putting the Ratawi oil field at the center of a prospective upstream, gas, and power deal with Saudi Arabia.
New federal forces have deployed in a campaign to wrest control of border crossings from parties, paramilitary groups, and mafias.
The World Health Organization is still guardedly optimistic Iraq can avoid a coronavirus catastrophe, despite Iraq's poor mask compliance and perhaps premature end to its lockdown.
The company responsible for distributing much of Iraq's fuel is taking new precautions during the pandemic but operating without interruption.
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The field will initially target 50,000 bpd – about half the production level it averaged before shutting down amidst the coronavirus pandemic.
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Without the legislation, Iraq would not have enough cash to pay public-sector employees.
- Production falls further as Iraq pursues OPEC compliance
- Low prices and payment delays reverse two-year expansion of Kurdistan’s oil sector
- Parliament approves Ihsan Ismaael, Fuad Hussein, and rest of Iraqi Cabinet
- Basra oil chief nominated as oil minister
- Baghdad offers Kurdistan payment tied to budget talks
More in Security
Financial constraints and OPEC cuts led to oil sector layoffs and protests that briefly shut down access to Missan province's largest field.
- Iraq draws electricity from oil projects to help failing power grid
- Tribal conflicts escalate in Iraq’s oil heartland
- Spiking pandemic hits Iraqi oil sector and security forces
- Kirkuk oil guards suffer payment delays as security risks grow
- Shell evacuation reveals cracks in Basra Gas Company consortium