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Energy

U.S. sanctions on Lukoil threaten Iraq oil production drop

There is no backup plan for operating the 480,000 bpd West Qurna-2 field, with some Iraqi officials worrying production might need to be cut within weeks.
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)

Q&A: Crescent Petroleum CEO Majid Jafar

A key leader in the development of the Khor Mor gas field, Majid Jafar discusses the project that has fueled Kurdistan's economic boom and become Exhibit A in the argument for reforming Iraqi gas policy.

Beyond the Headlines: Oct. 29, 2012

Dispute continues over Garraf deaths Oil worker kidnapped in Kirkuk Dhi Qar smart cards to curb smuggling Diyala dam to alleviate water crisis

Beyond the Headlines: October 22, 2012

Standoff between Tigris force, Kirkuk police Workers file Petronas complaint Iraq christens new ship Radiation screening at Diyala-Iran border

Exxon leads exodus from Basra to Kurdistan

Spooked by Baghdad's red tape and political volatility, international companies - led by Exxon - are leaving Basra to seek greater profits in Kurdistan.

Beyond the Headlines: Oct. 15, 2012

Army raids Ramadi construction site Basra power plant to boost service Diyala calls for meeting on oil law Dhi Qar inks sewage overhaul

Beyond the Headlines: Oct. 9, 2012

Kirkuk eschews oil autonomy Basra approves $56m power projects Missan drilling progress continues Shell launches Basra training project

Q&A: IEA Chief Economist Fatih Birol

The principal author of the IEA's exhaustive new report on Iraq discusses why he believes the country will drive the growth of world energy supplies for decades.