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)

Aug 26, 2011

Iraq a trap for foreign workers

Lured to Iraq by promises of big pay, thousands of foreign workers are stuck in a purgatory of corruption, poor contracting oversight, and inadequate labor regulation.

Aug 22, 2011

Beyond the Headlines: Aug. 15-21

Shootout at West Qurna 2 Missan police leadership vacuum Dhi Qar leader under investigation Kirkuk smugglers thwarted

Aug 16, 2011

Contract for next auction in September

Iraq outlines the plan for the two-day roadshow next month where pre-qualified oil companies will get details on the 12 exploration blocks in the January auction.

Aug 15, 2011

Maliki officially requests Electricity Minister resignation

Minister is still at work, his office says, as the prime minister officially asks Parliament to begin the process removing him from office.

Aug 15, 2011

Beyond the Headlines: Aug. 8-14

Basra prepares for Shell gas deal More clashes between Missan, Baghdad Provinces chafe at power quotas Kirkuk governor favors SOFA extension

Aug 11, 2011

Karbala refinery deal could be downstream milestone

The Oil Ministry has entered an exclusive 6-month negotiating window with the Refinery of Karbala Corporation for a $6.5 billion deal that would boost Iraq’s lagging downstream sector.

Aug 9, 2011

Electricity Ministry defiant as investigation begins

Ministry denies accusations it failed to prevent fraud, as Shahristani launches investigation that could lead to the minister’s firing.

Aug 9, 2011

Fourth bid round companies announced

Iraq has qualified 41 companies to bid in a January auction of 12 exploration blocks.

Aug 7, 2011

Power deals could lead to minister’s ouster

Iraq's electricity minister is facing possible firing over deals alleged to be with unqualified companies.

Aug 7, 2011

Beyond the Headlines: Aug. 1-7

Sadr bans office furniture Missan seeks electricity autonomy Iraq assumes oil port security Dueling lawsuits over Dhi Qar deal