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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)
May 4, 2012

Q&A: Ashti Hawrami

Kurdistan's Minister of Natural Resources explains the history of the semi-autonomous region's export deal with Baghdad, why it all fell apart, and what it will take to re-start.

Apr 30, 2012

Beyond the Headlines: April 30, 2012

Security addresses Garraf tribal concerns Progress in Buzurgan, Noor fields Basra moves on Fao port project Iraq signs Beiji power deal

Apr 21, 2012

New exports, production from Basra

Iraq has launched its second SPM, increasing exports, and expects a 600,000 bpd increase in production by the end of the year.

Apr 19, 2012

Exxon out of 4th bid round

Iraq's fourth contract licensing round is on for May 30-31, and the Oil Ministry has confirmed the final list of companies. Exxon is out.

Apr 16, 2012

Beyond the Headlines: April 15, 2012

Weatherford security firm targeted Additional power barges contracted New Buzurgan wells flow Jordan denies Iraq-Israel smuggling

Apr 9, 2012

Beyond the Headlines: April 8, 2012

Missan disputes KRG smuggling allegations Halfaya on track for 70k bpd in June Iraq works to address water crisis More changes in Dhi Qar police