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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)

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

Heading off summer power protests

Fearing unrest on the heels of the "Arab Spring," government OKs emergency fuel to angry citizens who forced out electricity minister last year.

Q&A: Exxon’s Iraq chief James Adams

With the West Qurna 1 oil field ahead of schedule, the head of ExxonMobil’s Iraq operation discusses the status of the project and the challenges ahead.

Beyond the Headlines: May 16-22

EITI meetings push oil transparency Al-Quds plant expansion begins Dhi Qar battles Baghdad over electricity Iranian firms seek Dhi Qar investment

Rumaila blockade averted

Governor meets with oil workers to hear grievances, forestalling a major labor interruption at Iraq’s biggest oil field.

Basra oil workers’ boycott imminent

Police are readying for oilfield workers in Iraq's largest producing fields to prevent foreign workers from entering the sites in a protest over compensation.

Beyond the Headlines: May 9-15

UAE investors bid for Basra refinery Turkomen target in Kirkuk unrest China's CPEEC wins Halfaya deal Baghdad meters to curb power demand

Beyond the Headlines: May 2-8

Oil professionals protest for jobsElectricity Ministry discusses Iran debtsDelays in Kirkuk reconciliationZubair wellhead fire extinguished