Energy

Iraqi wartime production cuts reach 3.6 million bpd

Iraq is navigating acute logistical and infrastructure challenges to maximize refinery consumption and exports while the Strait of Hormuz remains closed.

Workers from the state-run Iraqi Drilling Company (IDC) work on a well at the West Qurna 1 field in Basra in March 2026. (Photo credit: IDC)

Jul 19, 2012

Chevron announces KRG block buy

The second-largest American oil company has bought two blocks from India's Reliance - another coup for the KRG, following last year's ExxonMobil deal.

Jul 19, 2012

Missan heralds oil boom with Halfaya opening

With the official inauguration of its giant Halfaya field, Missan is emerging as Iraq's next big oil province.

Jul 17, 2012

Beyond the Headlines: July 17, 2012

Dhi Qar courts refinery investors Basrawis impatient for power Oil Ministry to pay war victims Neglected electricity equipment damaged

Jul 12, 2012

Parliament to investigate Ninewa-Exxon talks

After Kurdistan and Exxon appeared to win a key ally in Ninewa Gov. Atheel Nujaifi, a Parliament committee has been formed to investigate their oil negotiations.

Jul 11, 2012

Kurdistan begins independent crude exports

The KRG has begun sending crude to Turkey in exchange for refined products, as the oil conflict with Baghdad heats up.

Jul 9, 2012

Beyond the Headlines: July 9, 2012

Muthanna confronts smuggling gangs Cabinet passes $9B budget supplement Basra MP targets IOC profits Petronas faces Dhi Qar ire

Jul 6, 2012

Gulf Keystone doubles down on Kurdistan

Despite risks above and below the ground, Gulf Keystone is gambling that Kurdistan's seas of underground oil will yield big returns.

Jul 3, 2012

Beyond the Headlines: July 3, 2012

Basra holds anti-Allawi summi Dhi Qar files Garraf suit Bai Hassan well 20 leak stopped Missan says agro-lands confiscated

Jul 3, 2012

Iraq’s June oil exports, income decline

Rising domestic demand has led to a decline in exports – and with the global price of oil falling, Iraq's oil sales.

Jun 29, 2012

Q&A: Shell Iraq’s Hans Nijkamp

The head of Shell's projects in Iraq discusses the buildup of Majnoon, the reduction of flaring in Basra, and payments for West Qurna 1.