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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)

Kurdistan rushes to expand refineries

The KRG trying to become a self-sufficient producer of fuel – a goal made more urgent by intensifying security and political challenges.

Exports reverse three-month slide

September was the third-highest month for oil exports in 2014, as Iraq's new oil minister sets his sights on removing infrastructure bottlenecks and other obstacles to development.

Exports lag due to violence

Despite rising production, Iraq's monthly exports fell in August due to infrastructure delays and disruptions stemming from the rise of ISIS.