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Energy

Iraq seeks backup options for West Qurna 2

As a sanctions deadline looms, Basra Oil Company is poised to manage the 480,000 bpd field while Lukoil continues negotiating to sell its stake.
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)

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

Baghdad courting BP in Kirkuk

After a two-day visit to Kirkuk field from BP, Iraqi oil officials say the British major is poised to submit a development proposal despite objections from Kurdish officials.

KRG oil deals buoyed by refinery plan

Kurdistan's export agreement with Baghdad is deteriorating and its production capacity is rising – so the region is relying more and more on an expanding refining sector.

SPM stopped, investigation ended

Iraq's new export system has been shut for maintenance after loading one tanker, while the IG has concluded an internal corruption review related to the Leighton contract.

Beyond the Headlines: March 12-18

Ex-OPEC ministers launch consultancy Suleimaniya refinery salaries stolen ENI accused of gold-plating Missan calls for de-mining funds

Exxon deals not frozen, KRG says

There is now a dispute over the intentions of ExxonMobil in Iraq, with the KRG discounting Baghdad's claims that the oil giant will put a hold on its production sharing contracts.

Beyond the Headlines: March 5-11

Anbar sues for phosphate rights Leadership crisis in Diyala Shell signs power plant deal Southern provinces reshuffle security