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 25, 2013

Analysis: Exxon enters the political fray

With a landmark visit to Baghdad, ExxonMobil CEO Rex Tillerson has likely inaugurated a new era of engagement in the turbulent politics of Iraq.

Jan 24, 2013

Chevron increases stake in Iraqi Kurdistan oil

American oil major notified of winning bid for Qara Dagh, the company's third block.

Jan 21, 2013

Beyond the Headlines: Jan. 20, 2013

Missan to protect marshes from Iran Basra wants Houston as sister city Missan presses Majnoon field claim Dhi Qar updates field developments

Jan 17, 2013

Iraq, Lukoil finalize West Qurna 2 production drop

Lukoil has extended the life of its West Qurna 2 deal, decreasing the production target and leaving the remuneration fee unchanged.

Jan 9, 2013

KRG crude now exported independently to Turkey

Oil sales demonstrate Kurdish readiness to defy Baghdad and ignore American pressure in a bid to increase ties with Turkey and pay oil companies.

Jan 8, 2013

Beyond the Headlines: Jan. 8, 2013

Kirkuk violence intensifies Basra gets power barge upgrade Missan posts record production Diyala details female prisoner demands

Jan 4, 2013

Iraq caps banner year with export drop

Oil exports fell by 272,000 bpd in December – a steep decline to end a year marked by booming production and significant volatility.

Jan 2, 2013

Iraq sets Jordan pipeline into motion

In an urgent quest for more export capacity and diverse routes, the Oil Ministry is recruiting international firms to build a 1 million bpd pipeline to Aqaba.

Dec 31, 2012

Beyond the Headlines: Dec. 31, 2012

Diyala smuggler crackdown success Lukoil opens WQ2 training center Missan opens oil institute Nassiriya airport plan approved

Dec 26, 2012

Q&A: Gen. James Jones

The former national security adviser to President Obama calls for a U.S. policy shift that would embrace Iraqi Kurdistan's oil deals.