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Energy

U.S. sanctions on Lukoil threaten Iraq oil production drop

There is no backup plan for operating the 480,000 bpd West Qurna-2 field, with some Iraqi officials worrying production might need to be cut within weeks.
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)
Jun 28, 2011

Beyond the Headlines: June 20-26

Rocket attacks shake Basra Senior electricity official killed Pay raise for oil port workers Indentured laborers end hunger strike

Jun 19, 2011

Beyond the Headlines: June 13-19

Cabinet funds Iran gas pipeline Tensions in Basra over U.S. presence Halfaya production set to rise Missan takes on de-mining

Jun 14, 2011

Beyond the Headlines: June 6-12

Local battle over Missan Oil Co. chief Pilot electricity upgrade completed Basra courts Japan, Iran investment Maliki to chair water task force

Jun 13, 2011

Kurdish oil boom begins

Despite major unresolved political disputes, exports hit record levels from Iraqi Kurdistan, which is looking to expand production further as companies begin collecting the payout from Baghdad.

Jun 1, 2011

Gas deals make progress

Kogas has initialed the disputed Akkas deal, and the Siba and Mansuriya contracts will be finalized Sunday, though Shell’s Basra venture continues to languish.

May 31, 2011

Beyond the Headlines: May 23-29

Iraq moves to import Iranian gas Dhi Qar braces for unrest Four wells drilled at Halfaya Bombs target more Kirkuk officials