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Iraq oil not part of OPEC cuts

Iraq not bound by quota; struggling to reverse decline Plus: *Walid Khadduri on the return of Big Oil to Iraq *Iraq presidency council gives oil smuggling law OK *SOFA Update: English text and analysis *Labor Minister target of suicide bomb *Iraqis suffer for lack of basic services *The Mahdi Army bides its time *Much more […]

Iraq orders new OPEC cuts targeting IOC fields

A comprehensive survey of Iraqi fields suggests the Oil Ministry is targeting about 600,000 bpd of production cuts in May, mostly from fields contracted to international oil companies.

Q&A: Ninewa Gov. Najim al-Jibouri

The military commander-turned-governor says Mosul has largely succeeded in re-establishing security — but lagging support from Baghdad is hurting the local economy, including energy investment.

Q&A: Falah Alamri, director general of SOMO

Iraq's top oil salesman discusses the future of Basra Heavy, the choices necessary to implement the OPEC quota deal, and making more money on Kirkuk oil sales.

Iraq faces tough cuts after OPEC deal

For the first time in decades, Baghdad is confronting the fiscally and politically fraught challenge of deciding how to cut oil production, following Wednesday's OPEC agreement.

Q&A: Falah Alamri, Director General of SOMO

Days before a major meeting among the world's largest oil producers, Iraq's export chief discusses depressed Kirkuk prices and a big plan for marketing Basra crude.

Iraq prepares for OPEC quota fight

As OPEC members pressure the group's second-largest member to limit production, Iraq's oil leaders lay out the framework for their stern counter-arguments.

Q&A: Hussain al-Shahristani

The deputy prime minister for energy discusses energy relations with Turkey and Iran, the deadlock with the KRG, and the reasons that IOCs shied away from the fourth bidding round.

Q&A: Oil Minister Ihsan Ismaael

Iraq’s oil chief discusses negotiations with Total and Chevron, arbitration with Exxon, the future of INOC, several gas project updates, and budget talks with the Kurdistan region.

After record year, Iraq readies OPEC cuts

Iraq exported more oil in 2016 than any previous year, but now it must reduce overall production in keeping with an OPEC quota aimed at raising oil prices.

Iraq exports dip but revenues hit new record

Monthly oil revenues topped $11 billion, boosted by high global prices, but export levels slipped as Iraq bumps up against infrastructure constraints.

Q&A: Iraqi Oil Minister Jabbar al-Luiebi

Undeterred by an impending OPEC production cut, Luiebi turns his attention toward modernizing the gas sector and building long-neglected infrastructure.