Energy

U.S. sanctions on Lukoil threaten Iraq oil production drop

There is no backup plan for operating the 480,000 bpd West Qurna-2 field, with some Iraqi officials worrying production might need to be cut within weeks.

A ceremony at the West Qurna 2 oil field in Basra to mark the opening of two new well complexes on June 1, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)

Mar 1, 2018

Kirkuk oil still hostage to political stalemates

Kurdistan's export pipeline to Turkey is the key to unlocking stranded Kirkuk production, but Baghdad, Erbil, and Ankara cannot agree on terms.

Mar 1, 2018

Zubair field set to kick off year-on-year growth

New infrastructure is nearly complete, with more to come, and the Eni-operated field will start adding 100,000 bpd this and next year.

Feb 22, 2018

January production steady

Rising production from state-operated projects helped compensate for temporary disruptions at the West Qurna 1 field.

Feb 21, 2018

State efforts bring Subba oil field online

Newly-formed Dhi Qar Oil Company hits commercial production target despite technical hurdles at 1.13 billion barrel field.

Feb 20, 2018

Iraq refineries resurgent

Investors have been wary of multi-billion-dollar refinery tenders, but that hasn’t stopped the Oil Ministry from bringing vital new capacity online.

Feb 13, 2018

January exports dip, revenues rise

Higher global oil prices helped Iraq compensate for a slight decline in exports.

Feb 5, 2018

The Baiji refinery and the surge

In an excerpt from his new book, “Iraq and the Politics of Oil,” former U.S. oil official Gary Vogler narrates the high-stakes struggles over Iraq’s largest refinery.

Feb 4, 2018

Sonangol returns to Qayarah and Najmah

Angolan firm re-starts 2010 contracts to develop fields south of Mosul, following four-year absence after Islamic State group's invasion.

Jan 31, 2018

Iraq aims to double Majnoon output in two years

Instead of seeking an IOC to replace Shell, the Oil Ministry is relying on Basra Oil Co. - and foreign service subcontractors - to develop Majnoon.

Jan 30, 2018

Oil Ministry strengthens KAR ties

Crude flows are increasing from the federal North Oil Company in Kirkuk to KAR Group's refineries in Kurdistan, despite political obstacles arising from Baghdad-Erbil disputes.