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Energy

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.
A ceremony at the West Qurna 2 oil field in Basra to mark the opening of two new well complexes on June 1, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)
Feb 12, 2013

Basra farmers protest Exxon encroachment

Demanding payment for lost land and jobs in the oil field, Basrawis take to the streets to decry the West Qurna 1 project and its embattled developer, ExxonMobil.

Feb 12, 2013

Cabinet decisions: Feb. 12, 2013

Each week Beyond the Headlines features a raw translation of the Cabinet decisions, as made public in Arabic by the media office of the Council of Ministers. The fifth regular meeting to the Cabinet held in Baghdad, Tuesday, February 12, 2013 under the chairmanship of Prime Minister Nuri al-Maliki and issued the following decisions: 1. […]

Feb 8, 2013

Exxon hires ex-U.S. officials to navigate Iraq

Former American ambassador James Jeffrey is now advising ExxonMobil, which has also retained Condoleezza Rice, Stephen Hadley and other retired American officials to advise on Iraq.

Feb 5, 2013

Diyala seeks to reopen Iran crossing

In a bid to stimulate the province's economy, officials in Diyala have taken preparatory steps to reopen a border crossing with Iran that has been closed since the Iran-Iraq war started in 1980. Diyala Press Director Turath al-Azzawi said a provincial committee agreed to take "immediate measures" to help reopen the Sumer border crossing, near […]

Feb 5, 2013

Oil Ministry mulls Ceyhan storage

Iraq's Oil Ministry is considering the construction of state oil storage facilities at the Turkish port of Ceyhan, in order to maintain regular northward exports in the event of further pipeline attacks on either side of the Turkey-Iraq border. According to an official with the state-run North Oil Company (NOC), disruptions to oil exports caused […]

Feb 5, 2013

Awakening forces seek hiring

Awakening forces in Diyala province demanded that Prime Minister Nouri al-Maliki re-hire 600 personnel who had previously left the service. During the height of Iraq's civil war, the so-called Sunni Awakening was instrumental in stemming the tide of violence, as forces that had formerly been sympathetic to al-Qaida began to support the Iraqi state. Maliki […]

Feb 5, 2013

Dhi Qar fights artifact smuggling

Provincial and federal investigators are working to combat the rampant trafficking of ancient artifacts in Dhi Qar province. Authorities recently seized 233 different artifacts dating back to ancient times in the Fajr District of Dhi Qar, which is 160 kilometers north of the provincial capital of Nassiriya, according to Jamil Yusuf Shabeeb, the deputy chairman […]

Jan 28, 2013

Russia opens Basra consulate

Russia has re-opened its consulate in Basra, two decades after it closed amidst the fall of the Soviet Union. Russian Ambassador to Iraq Elijah Murgunov said the reopening of the consulate reflected the importance of his country's growing interests in the province. Murgunov noted "the presence of many Russian companies in the field of oil" […]

Jan 28, 2013

BGC ends worker feud

The newly formed Basra Gas Company (BGC) has ended a worker feud just as the joint venture begins formal operations. The BGC is composed of Iraq's state-run South Gas Company (51 percent), Royal Dutch Shell (44 percent) and Mitsubishi (5 percent), tasked with collecting and utilizing the associated gas from the Rumaila, West Qurna 1 […]