Nationwide output increased year-on-year as Iraq's domestic refineries continued providing an elastic and expanding source of demand.
As a sanctions deadline looms, Basra Oil Company is poised to manage the 480,000 bpd field while Lukoil continues negotiating to sell its stake.
Once a crown jewel of Kurdistan's oil sector, the Taq Taq field had been entirely offline for more than two years.
Nationwide crude export volumes increased slightly in 2025, but annual revenues fell by $14 billion due to weaker global prices.
The head of Iraq's signature gas processing project discusses efforts to secure the supplies needed to exploit BGC's expanded capacity.
The American company is emerging as the leading contender for the 480,000 bpd West Qurna 2 field as U.S. sanctions appear to be squeezing Lukoil out of Iraq.
Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly oil depot fire.
Baghdad, Erbil, and oil companies appear to be implementing some key terms of a three-way oil export and budget deal, but ongoing success is hardly assured.
At least one person is dead and several injured after security forces cracked down on unemployed truck drivers demanding work at the Lanaz refinery near Erbil.
Most of Kurdistan's power generation is offline after yet another attack on a key gas field, highlighting the Iraqi government’s failure to enforce the rule of law on powerful militant groups.
