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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)
Mar 9, 2012

Exxon pressing forward on KRG, Qurna deals

Despite demands by Baghdad that it forsake the north - and US government pressure to freeze operations - CEO Tillerson says Exxon is moving forward on all its deals.

Mar 9, 2012

New export facility loads first oil

Iraq's new single point mooring filled its first tanker Thursday, kicking off a new phase of record exports and easing bottlenecks in the oil sector.

Mar 1, 2012

Output stumbles early in record year-to-be

Oil fields are being curtailed due to infrastructure bottlenecks and delays, reducing exports, and investigators are looking into corruption allegations of a key contractor.

Feb 27, 2012

Beyond the Headlines: Feb. 20-26

Missan plant to be tendered Mansuriya power construction begins Iran to increase power supply Dhi Qar OKs record budget

Feb 25, 2012

Exxon confirms Kurdistan deals

Mindful of Baghdad's anger, the company has publicly acknowledged its controversial Kurdistan play for the first time.

Feb 21, 2012

Beyond the Headlines: Feb. 13-19

Missan threatens Luaibi with ban Zubair residents prepare protest New drilling in Kirkuk and Hamrin Q&A: Akkas project chairman

Feb 17, 2012

Iraq ready for refinery pitches

Potential investors face a looming deadline to bid on four refinery deals, and Iraq Oil Report has obtained the specs and investment terms of the projects.

Feb 15, 2012

Q&A: South Oil Co. chief Dhia Jaffar

The head of one of the largest oil producing companies in the world discusses plans to boost capacity, even as IOCs consider leaving.

Feb 14, 2012

Beyond the Headlines: Feb. 6-12

Kogas promises Anbar local gas Diyala claims security gains Missan power construction begins Five-star hotel for Amara