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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)

Akkas stalls again

Anbar officials raise objections about gas exports and housing, ceremony to sign draft Akkas field deal postponed for second time since October.

KRG field flows to export pipeline

Iraq has taken its first steps towards exporting 100k bpd of oil from the Kurdistan region, though major issues are still unsettled.

No country for oil smugglers

Iraq's Oil Police have seized the momentum in the country’s battle against outlaw smugglers, and Iraq Oil Report is along for the ride. With production set to skyrocket, their challenge has just begun.

Power problems may continue through summer

The Electricity Ministry says long-term plans are on schedule to meet public need, though power protests in Kirkuk and extended blackouts in Baghdad raise the specter of worsening electricity shortages this summer.

Ministry presses forward on deals

Abdul Karim Luaibi has been on the job less than a month, but his Oil Ministry appears to be building momentum toward holding a fourth bidding round and jump-starting stalled deals.

Iraq targets logistics hurdles

Iraq's Transportation Ministry holds a conference aimed to facilitate collaboration among government ministries and foreign oil companies in support of the upcoming, massive oil production increase.

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.