Northern export volumes are set to rise after a three-way agreement between Baghdad, Erbil, and IOCs was extended to January 2027.
Refinery sector revolts over oil pricing reform
One week after the Cabinet decided to overhaul the economics of the refining sector, workers are protesting, managers are lobbying for alternatives, and the government has delayed implementation.
Iraqi refinery workers protest on Aug. 24, 2026 at the headquarters of the state-run South Refineries Company. (ALI AL-AQILY/Iraq Oil Report)