Energy

Iraqi oil exports stagnate at two-decade lows as wartime restrictions persist

April oil sales fell to one-twelfth of pre-war volumes as Basra exports restarted and stalled, and northern exports hit a plateau.

A worker checks the valve gears of pipes linked to oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned pipeline company Botas. (UMIT BEKTAS/Reuters)

Jan 5, 2015

Q&A: Baz Karim, CEO of KAR Group

The CEO of Iraq’s largest private-sector energy company discusses KAR Group's projects across northern Iraq.

Jan 5, 2015

Iraq ends turbulent oil year on high note

Deal with Kurdistan and steady SPM loadings help bring relatively good news to depressing year in oil sales.

Dec 30, 2014

Basra leaders pushing for regional autonomy

Iraq's oil capital wants a greater share of power and revenue from Baghdad. Politicians have pressed the cause before, but never with such wide support.

Dec 23, 2014

Baiji refinery ‘more than a year’ from re-start

Iraq's largest oil refinery remains offline with damage assessments incomplete, attacks continuing, and the government unable to control intake or outflow pipeline routes.

Dec 18, 2014

KAR Group confirms Ninewa oil contract

Deal to provide needed fuel and investment to Ninewa province while bringing it closer to Kurdistan.

Dec 10, 2014

November exports rise ahead of expected surge

Iraq on track to end year on upward trend for oil exports, though phantom Kirkuk sales go unexplained.

Nov 27, 2014

Kirkuk oil facilities damaged in IS battle

IS militants blew up an oil pipeline leading to the Baiji refinery amidst clashes south of Kirkuk.

Nov 21, 2014

Iraq’s oil leaders signal cooperation

In a rare joint appearance, the ministers of Iraq's dual oil industries expressed optimism that an interim export deal will lead to productive negotiations.

Nov 19, 2014

Security, crude supply needed for Baiji restart

Technical teams are to assess the damage to the refinery itself, but securing crude import and fuel export routes are crucial to bringing it back online.

Nov 18, 2014

Baghdad restarts BP talks for disputed Kirkuk fields

The Oil Ministry is preparing to negotiate a contract with BP for the long-term development of the Kirkuk field, parts of which the KRG has appropriated.