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)

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

Aug 1, 2011

Beyond the Headlines: July 25-31

Basra fails to spend budget Missan vies for foreign investment Oil Police bust smuggling network Kirkuk assassinations continue

Jul 26, 2011

China brings Ahdab field online

After renegotiating a Saddam Hussein-era contract, the China National Petroleum Corp. starts pumping Ahdab oil.