Energy

Iraq begins nationwide production shutdowns

With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.

Oil Minister Hayyan Abdulghani (center) meets with his deputies to plan for production cuts in anticipation of a shutdown in southern oil exports on March 2, 2026. (Photo credit: Oil Ministry)

Mar 23, 2025

Iraq grapples with power shortages and Iran sanctions as summer looms

The expiration of a U.S. sanctions waiver on Iranian electricity imports is complicating Baghdad's balancing act between Tehran and Washington, while the government scrambles for power supply ahead of peak demand season.

Mar 20, 2025

Q&A: Ali Shaddad al-Faris, MP and spokesperson for the Parliament Oil and Gas Committee

An inside view on multiple laws governing oil sector management and new refineries, and political dynamics related to Baghdad-KRG oil and budget issues.

Mar 7, 2025

New SOMO director named as Iraq reshuffles oil sector leadership

Ali Nazar al-Shatari will be Iraq's new head of oil marketing as the Sudani government makes changes across several top oil posts.

Mar 6, 2025

Disputes between Baghdad and IOCs keep northern oil exports offline

One month after Parliament passed legislation designed to help restart the pipeline to Turkey, implementation is mired in old disagreements.

Mar 4, 2025

February oil exports rise as OPEC-plus signals strategy shift

Iraq’s export volumes increased slightly month-on-month though revenues dipped as prices softened.

Feb 25, 2025

January oil output rebounds

After steady declines in the fourth quarter of 2024, the new year started with a rise in production and modest gains in export volumes.

Feb 20, 2025

New Syria oil trade begins, despite political volatility

Syria's autonomous Kurdish-led enclave has revived an energy trade supplying oil and gas to territory controlled by the transitional government in Damascus.

Feb 13, 2025

Baghdad court ends Oil Ministry challenge to KRG oil contracts

Kurdistan's oil companies cemented a legal victory as the final avenue for appeal has closed.

Feb 12, 2025

Q&A: Ali Qais Abdul Jabbar, director general of the Iraqi Oil Tankers Company

The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.

Feb 11, 2025

Q&A: Firas Habib Haider, director of Majnoon oil field

Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.