Energy

Iraqi production rises in 2025 as OPEC-plus eases quotas

Nationwide output increased year-on-year as Iraq's domestic refineries continued providing an elastic and expanding source of demand.

Iraqi Prime Minister Mohammed Shia al-Sudani speaks at an opening ceremony for the Karbala refinery on April 1, 2023. (Photo credit: Prime Minister's Office)

Jan 13, 2026

Iraq seeks backup options for West Qurna 2

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.

Jan 10, 2026

Taq Taq oil field resumes production

Once a crown jewel of Kurdistan's oil sector, the Taq Taq field had been entirely offline for more than two years.

Jan 8, 2026

Iraq’s 2025 oil exports steady as renewed Turkey flows offset Basra dip

Nationwide crude export volumes increased slightly in 2025, but annual revenues fell by $14 billion due to weaker global prices.

Dec 30, 2025

Q&A: Khalid al-Battania, managing director of Basra Gas Company

The head of Iraq's signature gas processing project discusses efforts to secure the supplies needed to exploit BGC's expanded capacity.

Dec 18, 2025

Chevron eyes Lukoil’s Iraq assets

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.

Dec 15, 2025

Iraqi exports dip on southern capacity squeeze

Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly oil depot fire.

Dec 10, 2025

Northern exports flow under promising but fragile oil and budget agreement

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.

Dec 2, 2025

Kurdistan refinery protests spark deadly violence

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.

Nov 29, 2025

Khor Mor rocket strike underscores unresolved security problems

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.

Nov 19, 2025

Iraqi oil production continues edging higher in October

Nationwide crude output has risen steadily since May as the OPEC-plus group has relaxed quotas.

Nov 19, 2025

Rosneft partially divests from Kurdistan’s export pipeline

In an apparent attempt to avoid exposure to U.S. sanctions, the company that operates Kurdistan's export pipeline has reduced Rosneft to a 49 percent share.