Iraq

Shell last week quit Iraq’s Majnoon field, a week after Lukoil revised down its output target. Without meaningful contractual amendments more firms could quit.

Russian state firm Rosneft plans to construct a 30bcm/year gas pipeline to supply Turkey with Kurdish gas by 2020. But current KRG output is just 4bcm/y; where are the extra supplies to come from? And is there sufficient external demand?

In another sign of gathering momentum in the KRG, US major Chevron has resumed drilling activity at its Sarta block....

Iraqi Kurdistan is holds its independence referendum on 25 September, a historic vote that will likely secure a resounding “Yes.” But how much will actually change?

Falah al-Amri was removed as chief of Iraqi state oil marketer Somo this week in the latest reshuffling of the...

Iraqi Kurdistan is experiencing a mini revival of its oil and gas sector as financing from Russian state-firm Rosneft has provided the funds to ease investor concerns.

Russian oil and gas firms continue to expand their footprint in the Middle East and North Africa. State-owned Rosneft is at the forefront. The firm is increasing its political leverage in the Kurdistan region in Iraq and is eyeing up a move into Iran.

Iraq is building over 10GW of new gas-fired capacity, but there may not be enough of the choice fuel despite rising sales gas volumes and imports from Iran.

Iraq’s 2017 budget has been amended as a result of a 21 August ruling by the country’s Supreme Federal Court....