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)

Sep 21, 2011

Q&A: Lukoil’s Vitaly Novozhilov

Lukoil's deputy director in Basra discusses associated gas, community engagement, and production schedules; says West Qurna 2 is on track for 2013 startup.

Sep 21, 2011

KRG publishes contracts

In an effort to bring transparency to its oil sector, the Kurdish government is making public its controversial production sharing contracts.

Sep 20, 2011

Rumaila production reduced after explosion

An explosion at a degassing station in South Rumaila has injured dozens, though casualty count is unclear, and curtailed some oil output.

Sep 19, 2011

Beyond the Headlines: Sept. 12-18

2012 draft budget hikes spending Turkomen form a militia Missan pursues power, housing investment Iraqi Navy celebrates progress

Sep 17, 2011

Export infrastructure deal latest of oil re-investment

Iraq has awarded a $469 million deal to Italy's Saipam to build new export infrastructure, one of many announcements this week including a Kirkuk field rehab program.

Sep 13, 2011

Beyond the Headlines: Aug. 29 – Sept. 11

Rumaila pay dispute reignites After chief's removal, Missan police crack down Northern pipeline bomb plot foiled Kuwait arrests Iraqi fishermen

Sep 9, 2011

Interview: Labor issues in the Iraqi economy

The International Labor Organization's chief technical adviser in Iraq discusses the country's struggles to bring its labor conditions up to a standard that can support the economy's booming growth.

Sep 8, 2011

Iraq OKs six new oil companies to bid in January

Six new companies, including two implicated in the Saddam Hussein-era Oil-for-Food scandal, will be allowed to participate in a January auction for 12 exploration blocks.

Aug 30, 2011

After contracting debacle, Shahristani to head Electricity Ministry

Hussain al-Shahristani is reprising his role as acting electricity minister, after Ra'ad Shalal al-Ani resigned amidst controversy.

Aug 29, 2011

Beyond the Headlines: Aug. 22-28

KRG signs power deal with Kirkuk MoU for Mosul refinery Southern autonomy gains key ally Basra blames Iran for salinity crisis