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A recent vote to remove the oil minister as the head of the Iraqi National Oil Company highlights political headwinds for Ihsan Ismaael's efforts to restructure the oil sector and maintain a foothold beyond the transition to a new government.
The IRGC says it was targeting Israeli interests in Erbil, but the main victim of the 12-missile barrage appears to have been the private residence of the CEO of KAR Group, who has no known ties to Israel.
Iraq’s “white paper” laid out an internationally acclaimed roadmap for economic reform. But the problems are so pervasive — and political will to tackle them so weak — that progress has been slow.
Baghdad and Erbil have vastly different strategies for responding to a ruling from Iraq's highest court that invalidated the legal foundations of Kurdistan's oil sector.
The West Qurna 2 field is scheduled to return from maintenance sooner than expected, and the Nassiriya field is back online a week after protest-related disruptions.
One of the plaintiffs in the landmark Federal Supreme Court case against Kurdistan's independent oil sector discusses fallout from the ruling as well as Parliament's role in energy sector oversight.
The 400,000 bpd field is entirely shut down for scheduled upgrade work, likely causing a short-term dip in Iraqi output at a sensitive time for oil markets.