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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: Jan. 23-29

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

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.

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.

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.

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.

Luaibi to Iran for Hormuz threat talks

Iraq's Oil Minister, also president of OPEC, will be in Iran Thursday as pressure mounts over Iran's threat to shut Strait of Hormuz for oil flow.