KRG keeps registering growth
Isolated from instability in the south, the pioneers of the north’s independent oil industry are quietly pushing ahead
Attention on Iraq's oil sector typically focuses on the giant fields in the federally-governed south. But the independent oil industry in the autonomous north under the aegis of the Kurdistan Regional Government (KRG) has been broadly flourishing over the past two years—despite nominal opposition from Baghdad on the grounds of alleged unconstitutionality. The KRG last published production data a year ago; but output is believed to be running at 450,000-500,000bl/d, and is gradually rising, chiefly on the back of renewed investment by the territory’s three stalwart foreign operators. A bedrock of around 200,000bl/d comes from the locally-managed Khurmala Dome portion of the giant Kirkuk field
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
