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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)

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.

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

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.

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

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

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.