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)

Feb 8, 2012

Q&A: Mahdi Badi of the South Oil Company

Days before the start-up of a new export line, the man in charge talks about what it takes to build new arteries between fields and tankers.

Feb 8, 2012

Majnoon to hit production target, not landmines

Shell launches jetty as a marker of progress, though the super-giant oil field faces challenges, including the unexploded remnants of war.

Feb 7, 2012

Exports stumble on infrastructure hurdles

Bad weather and inadequate infrastructure caused exports to fall in January, as Iraq scrambles to support a projected production boost.

Feb 6, 2012

Beyond the Headlines: Jan. 30 – Feb. 5

Iraq seeks Syria power ties Kuwait port conflict continues Missan building oil depot Kirkuk security still U.S. concern

Feb 1, 2012

Beyond the Headlines: Jan. 23-29

Electricity separatism in Dhi Qar Missan targets oil increase Awakening under attack Parliament to shake up Basra security

Feb 1, 2012

Exxon still quiet on Kurdish deals

Exxon declined to report its KRG deals in a quarterly filing, but disclosure rules could require the company to break its silence in February.

Jan 30, 2012

Gas fuels Kurdistan’s power politics

Iraq's Kurdish region is meeting nearly all its power needs by investing in natural gas fields – and, in a strategic calculation, it's willing to share.

Jan 27, 2012

New exports hit technical delay

Iraq postponed its heralded public opening of a new export system, but major infrastructure plans are still moving forward, including a new $1 billion West Qurna 2 contract.

Jan 23, 2012

Beyond the Headlines: Jan. 16-22

Border dispute roils Anbar Dhi Qar makes power deals Diyala crisis worsens Basra trumpets investment plans

Jan 19, 2012

New Iraq oil exports by Jan. 31

Iraq's Oil Ministry announced a timeline to bring new exports online, as well as its first new oil field discovery in 30 years, and 2011 oil and revenue statistics.