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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)

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

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.

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.

Beyond the Headlines: April 15, 2012

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

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