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According to Iraq’s Oil Ministry, the discussions were intended to assure international companies that Iraq remains committed to providing a stable and supportive investment environment while encouraging operators to move quickly toward restarting production and export activities.

"The goal is to reach appropriate and sustainable measures that will remove existing barriers and facilitate the resumption of oil production and exports from the Kurdistan Region,” the minister said.

It follows a separate meeting on Wednesday in Baghdad, where Al-Zaidi met with a delegation from the Kurdistan Region and representatives of international oil companies. Officials said the participants reached an understanding on all issues related to restarting Kurdistan Region oil exports.

https://www.basnews.com/en/babat/913682

Baghdad Today - Baghdad

Prime Minister Ali Faleh Al-Zaidi chaired, on Thursday (June 4, 2026), the first regular session of the Ministerial Council for Energy, in the presence of ministers and officials concerned with energy, electricity and oil files.

The Prime Minister's Media Office said in a brief statement received by "Baghdad Today" that "Prime Minister Ali Faleh Al-Zaidi chairs the first regular session of the Ministerial Council of Energy."

The Ministerial Council of Energy is the highest government body responsible for formulating public policies for the oil, gas, electricity and energy sectors in Iraq, and includes a number of ministries and concerned authorities, with the aim of coordinating strategic decisions and addressing the challenges facing the energy sector, especially in the fields of production, distribution and infrastructure development.

https://baghdadtoday.news/300671-.html

The process of resuming the Kurdistan Region’s oil exports is getting underway, with Baghdad declaring its commitment to protecting the fields and guaranteeing safety for foreign companies.

The Ministry of Natural Resources announced that during a meeting between a high-level Kurdistan Region delegation, oil-producing companies, the Iraqi Prime Minister, and the Minister of Oil, a final decision was reached to resume the export of Kurdistan Region oil.

According to the agreement, the companies will restart production, and the oil will be pumped through the Kurdistan-Ceyhan Pipeline to the Ceyhan port in Turkey.

https://channel8.com/english/news/59297

ERBIL (Kurdistan24) - Kurdistan Region Prime Minister Masrour Barzani on Thursday received Türkiye's Ambassador to Iraq, Anıl Bora İnan, for talks focused on strengthening economic ties, expanding trade, and ensuring the continuation of oil exports through the Turkish port of Ceyhan.

A key focus of the meeting was the development of Iraq's energy sector and the importance of ensuring the continuity of oil exports from both Iraq and the Kurdistan Region through Türkiye's Ceyhan port.

The two sides emphasized that sustained oil exports remain important for supporting economic growth, increasing public revenues, and improving Iraq's overall financial situation.

They also discussed efforts to enhance oil production as part of broader plans to strengthen the country's energy sector.

https://www.kurdistan24.net/en/story/917993/prime-minister-barzani-and-turkish-ambassador-discuss-oil-exports-and-trade-expansion

ERBIL (Kurdistan24) - Kurdistan Region Prime Minister Masrour Barzani on Thursday received Türkiye's Ambassador to Iraq, Anıl Bora İnan, for talks focused on strengthening economic ties, expanding trade, and ensuring the continuation of oil exports through the Turkish port of Ceyhan.

A key focus of the meeting was the development of Iraq's energy sector and the importance of ensuring the continuity of oil exports from both Iraq and the Kurdistan Region through Türkiye's Ceyhan port.

The two sides emphasized that sustained oil exports remain important for supporting economic growth, increasing public revenues, and improving Iraq's overall financial situation.

They also discussed efforts to enhance oil production as part of broader plans to strengthen the country's energy sector.

https://www.kurdistan24.net/en/story/917993/prime-minister-barzani-and-turkish-ambassador-discuss-oil-exports-and-trade-expansion

On energy cooperation, Prime Minister Barzani said a Kurdistan Regional Government (KRG) delegation and international oil companies have held talks in Baghdad aimed at resuming production and increasing exports through the Kurdistan Region’s pipeline infrastructure. He said the resumption of operations could help ease pressure on Iraq’s national budget, though it would not fully replace southern export volumes, underscoring the complementary role of northern exports within Iraq’s wider energy system.

He said recent meetings in Baghdad had produced renewed momentum for technical agreements, with further talks expected in the coming week, expressing cautious optimism that progress could be achieved on multiple unresolved files between Erbil and Baghdad as both sides continue working toward more structured cooperation.

https://www.basnews.com/en/babat/913652

ERBIL (Kurdistan24) — A delegation from the Kurdistan Regional Government (KRG) arrived in Baghdad on Wednesday to hold a series of meetings with senior Iraqi officials focused on oil exports and mechanisms to increase production and shipments, according to Kurdistan24 correspondent in Baghdad, Dilan Barzan.

The delegation is scheduled to begin its first meeting at 12:00 noon on Wednesday with Iraq’s Prime Minister Ali Faleh al-Zaidi, marking the start of a broader round of talks with federal authorities.

A well-informed source told Kurdistan24 that the KRG delegation is on an official visit to Baghdad, with the main objective of increasing Kurdistan Region oil exports through the Turkish port of Ceyhan.

The talks in Baghdad are expected to focus on increasing oil exports to 500,000 barrels per day, alongside stabilizing production and ensuring secure transport routes.

https://www.kurdistan24.net/en/story/917766/kurdistan-delegation-in-baghdad-to-discuss-oil-exports-and-output-increase

Not sure if Wood Mackenzie completed their report !!!

https://www.woodmac.com/reports/upstream-oil-and-gas-kurdistan-region-of-iraq-upstream-summary-slides-32455789

Report summary:

Shaikan is a heavy oil field located in the Kurdistan Region of Iraq (KRI), 60 kilometres north of Erbil. It is one of the largest fields in Kurdistan with oil initially in place (OIIP) estimated at 4.2 billion barrels. Hydrocarbons have been encountered in Cretaceous, Jurassic and Triassic reservoirs. The primary producing reservoir is the Jurassic, which lies at relatively shallow depths and contains heavy crude. The Triassic, although deeper and holding lighter crude, remains ...

https://www.woodmac.com/reports/upstream-oil-and-gas-shaikan-9834258/

We provide an upstream summary slide-pack on Iraq. The report includes an overview of country trends and activities with analysis on key projects, company value, costs, production and fiscal terms. The slides complement our more detailed upstream summary. Please refer to the main Iraq upstream summary for a detailed description of reserves, production, infrastructure and fiscal terms for oil and gas.

https://www.woodmac.com/reports/upstream-oil-and-gas-iraq-upstream-summary-slides-24814595/

A Kurdistan Region delegation will visit Baghdad after Eid al-Adha to negotiate security guarantees for oil fields and the resumption of crude exports. The talks aim to restore investor confidence after months of drone attacks disrupted production and damaged energy infrastructure.

The delegation heading to Baghdad will include representatives from several international oil companies, signifying a joint effort by the public and private sectors to resolve the crisis.

https://www.kurdistan24.net/en/story/916270/kurdistan-region-delegation-heads-to-baghdad-for-critical-oil-security-talks

Border Digitization and Energy Contracts Dominate Agenda

https://channel8.com/english/news/58541

https://www.kurdistan24.net/en/story/915740/prime-minister-barzani-iraqi-premier-seek-constitutional-deal-on-erbil-baghdad-disputes

Kurdistan Region PM Masrour Barzani is set to lead a delagation to Baghdad for government talks aimed at offering insight into the KRG’s round-the-clock electricity project and obtaining security assurances for the Kurdistan Region’s oil and gas companies to resume operations and exports

https://x.com/thenewregion/status/2057848918612824525

https://www.basnews.com/en/babat/912957

ERBIL — Iraqi Prime Minister Ali al-Zaidi has ordered the urgent resumption of oil exports through the Kurdistan Region, describing the move as a strategic step to secure state revenues and establish alternative export routes amid growing regional instability.

During a meeting with senior officials from Iraq’s Oil Ministry, Zaidi stressed the need to accelerate the restart of crude exports via the Kurdistan Region.

Iraqi Oil Minister Bassem Mohammed Khudair described the recent agreement between Baghdad and the Kurdistan Regional Government (KRG) over the long-disputed oil dossier as a "major achievement” that would help protect and develop Iraq’s national wealth.

https://www.basnews.com/en/babat/912888

The agreement allowing Iraq to export oil through Turkey’s Ceyhan port will expire in July this year, and both countries are engaged in negotiations to establish a new deal.

Historic Agreement Concludes

Prime Minister Ali Faleh al-Zaidi’s cabinet faces the challenge of the expiration of the oil transfer agreement through Turkey’s Ceyhan pipeline. This agreement dates back to 1973 and was extended in 2010 for another 15 years, with its term officially ending in July this year.

https://channel8.com/english/news/58288

Iranian Foreign Minister Abbas Araghchi said Tehran is not seeking nuclear weapons and pledged that the Strait of Hormuz would be secure for international shipping once U.S. pressure subsides, linking maritime stability directly to de-escalation with Washington.

https://www.kurdistan24.net/en/story/914207/araghchi-says-iran-opposes-nuclear-weapons-pledges-hormuz-security

#BREAKING: Basim Mohammed Khudair, nominated by the Reconstruction and Development Alliance, is appointed as Iraqi oil minister after a majority of parliament votes to approve his nomination

https://x.com/thenewregion/status/2054942363554861245

The US is draining its strategic reserves — and shipping them to Asia.

While American gasoline stocks sit below the 5-year average heading into peak driving season.

Think about what that means:

▸ SPR exists to protect domestic supply in emergencies

▸ That oil is now on tankers headed to Tokyo and Shanghai

▸ Once it’s gone — it’s gone

The borrowed time ends when three things collide simultaneously:

→ SPR hits operational limits

→ Hormuz disruption continues

→ Summer driving demand peaks

All three are happening right now. In the same month.

“Borrowed time on borrowed oil” is the most precise description of 2026 energy markets I’ve read.

https://x.com/AlaliQasem/status/2054921615587053925

The US Is Exporting Like Mad as Global Oil Stocks Deplete at a Record Pace

Click below for the full report:

https://peakprosperity.com/the-us-is-exporting-like-mad-as-global-oil-stocks-deplete-at-a-record-pace/?utm_source=twitter&utm_medium=social&utm_campaign=260513-msr-exporting-mad&utm_content=ap_g9e5rgoscf

ERBIL — Iraq’s Council of Representatives is set to convene its 24th regular session on Thursday, with lawmakers scheduled to vote on the proposed government program and ministerial cabinet presented by Prime Minister-designate Ali Faleh al-Zaidi.

According to the official agenda, the session will begin at 4:00 p.m., focusing primarily on granting confidence to the new cabinet.

Political blocs and parliamentary factions have reportedly reached a final framework agreement on the distribution of ministerial posts.

https://www.basnews.com/en/babat/912450

The spokesman of the Iraqi Ministry of Oil, Sahib Bazoun, confirmed on Tuesday (May 12, 2026) that the oil and gas file between Baghdad and Erbil will not witness full stability until the approval of the oil and gas law in the House of Representatives, pointing out that there are existing understandings between the federal government and the region on the management of the oil file.

In a statement to "Baghdad Today", Bazoun said that there is an agreement and a political decision between the two parties, but the legislation of the oil and gas law during the current parliamentary session represents the most important step to ensure the stability of the oil relationship and preserve the rights of all parties.

https://baghdadtoday.news/299042-.html

The global oil market could lose around 100 million barrels per week if disruptions in the Strait of Hormuz continue at the current pace and the strategic waterway remains closed, the chief executive of Saudi oil giant Saudi Aramco said on Monday.

Amin Nasser, the company’s CEO, warned that continued shipping disruptions through the Strait of Hormuz could significantly affect global energy supplies, underscoring the waterway’s importance to international oil markets.

Demand Rationing Expected to Continue

“We expect demand rationing to continue as long as supply remains disrupted through the Strait of Hormuz,” Nasser said.

“If normal trade and shipping resume, we anticipate a very robust return to demand growth,” he added.

https://channel8.com/english/news/57809

Despite the continued production shutdown, DNO announced that it restarted a previously planned drilling campaign in April involving eight new wells, aimed at preparing for increased output "when production resumes from the Tawke and Peshkabir fields.” The company did not provide a timeline for restarting exports or full production.

https://www.basnews.com/en/babat/912115