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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)
Dec 16, 2010

Iraq to lose UN protections on oil money

Iraq has six months to reach payment deals with Kuwait and other creditors, a doable but critical task that will make or break the country’s financial foundations.

Dec 16, 2010

UPDATE: Kurdish oil demands to Maliki revealed

According to previously undisclosed communiqué, Kurdish leaders want specific oil and revenue laws passed in 2011 and say KRG should decide constitutionality of its oil deals.

Dec 9, 2010

Interview: Thamir Ghadhban

The top oil adviser to the Iraqi prime minister talks about the Akkas gas field row, moderated oil production forecasts, and balancing Iraqi potential with market fundamentals.

Dec 9, 2010

Courting foreign business

A new court for foreign investors in Iraq to test judiciary's independence while providing a legal forum for contractual disputes, including in the oil sector.

Dec 6, 2010

Interview: government spokesman Ali al-Dabbagh

Iraq Oil Report talks to Iraqi government spokesman Ali al-Dabbagh about the massive deficit spending, the budget implications on the KRG-Baghdad dispute – and how it may end.

Nov 30, 2010

Iraq to ease logistical, tariff burden for oil firms

As oil companies mobilize people and equipment for the coming oil boom, Iraq's minister of transportation talks about discounted tariffs for oil-sector imports and solving logistical problems at the ports.

Nov 25, 2010

From Dhi Qar’s streets to Baghdad

Dhi Qar police chief Sabah al-Fatlawi, rumored to be a major security ministries player in the coming government, on whether the promise of the oil money flowing into the streets can keep persistent violence at bay.

Nov 10, 2010

The dealmaker

Iraq Oil Report talks to the chief of the Oil Ministry's contracts department about the impact of government negotiations on the gas deals, removing obstacles to Iraq’s planned production boost, and the next round of potential oil contracts.