Expansions of southern Iraq's refining capacity appear to depend on negotiations with foreign investors.
As Kurdistan's authorities crack down on flaring, a $110 million project by Norway's DNO shows how capturing the associated gas produced along with crude can help both the environment and the bottom line.
The U.S. government's overseas lending facility has approved a huge loan to finance new gas supplies, signaling direct support for Kurdistan's energy sector.
Infrastructure bottlenecks will limit Iraq's exports and production in the short term, but SOMO is squeezing value from oil sales through new marketing strategies.
Developments in Afghanistan have cast a shadow over the U.S. role in supporting anti-ISIS forces in Iraq, but the longstanding Peshmerga commander says there's no sign of an American pull out.
More in Energy
An estimated $27 billion will be spent to increase oil output, cut gas flaring, and launch the country's first solar project.
More in Politics
Erbil has now received $138 million payments in both July and August, as a fragile political deal revives financial flows that had been stalled since October 2020.
More in Security
Gaps remain between Iraqi and Kurdistan region security forces in northern Iraq, and insurgents are still able to carry out attacks against energy infrastructure, kidnap and kill civilians, and ambush security forces.
- Multiple Basra fires expose poor safety standards
- Escalating PKK war raises threat of intra-Kurdish conflict
- Baghdad-Erbil security cooperation raises hope for counter-insurgency fight
- Insurgents bomb Bai Hassan oil field, exploiting security gaps
- The Royal Court restaurant, the oil insider, and the $100,000 bribe