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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)

Oil export expansion on track

Iraq will sign more than $1 billion in contracts to add 4.5 million barrels to daily export capacity from the south alone.

New power minister promises review

Abdul Karim Aftan pledges a thorough review of senior staff and all ongoing projects, as the Electricity Ministry reels from outcry over corruption allegations and inadequate power supply.

Beyond the Headlines: Oct. 3-9

More assassinations in Kirkuk State energy companies investigated Ministry briefs MPs on refineries Capacity setbacks for Dhi Qar police

Beyond the Headlines: Sept. 19-25

Basra signs rogue power deal Kirkuk Arabs press for militia Basra continues investment push Operator error causes refinery fire

Q&A: Shell’s Iraq VP Hans Nijkamp

The head of Shell's Iraq operations discusses the criticism of its multi-billion-dollar gas deal, the status of its oil field development, and its long-term strategy.