More Iraqi oil
The federal government will put all output and exports under its control, while boosting capacity
For Iraq's petroleum sector, critical questions for 2018 arise. First, will production increase—and, if so, how much? Furthermore, after Shell's decision to exit Majnoon, will other oil majors pull out of the giant southern projects? Finally, there's the Kurdish question: what will happen to its energy sector after the mishandled independence referendum, which led to Baghdad reclaiming disputed territory from the Kurds, including Kirkuk's vast oil reserves, and taking control of the Kurdish Region of Iraq's (KRI) main export point at Faysh Khabur on the border with Turkey. Any deal between Baghdad and Erbil will likely adhere more closely to the Iraqi constitution than in the past; but resol
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
