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Energy

Iraq crude production strong in June

Operational disruptions caused by the Israel-Iran war do not appear to have affected Iraqi crude output, which was virtually unchanged from May to June.
The 8th Seismic Division of Iraq's state Oil Exploration Company conducts a seismic survey at the Hadab project in Ninewa province in July 2025. (Photo credit: Oil Ministry)

Plans vague, rely on oil

A new 5-year plan for economic and social development in Iraq offers little details, but relies on oil exports to double and fund projects that will only succeed if security improves.

Ministry plans symposium to overcome hurdles

Oil Ministry looks to face challenges of reaching 12.5 million bpd by bringing together its staff, other ministries, and officials from international oil companies.

CNOOC, TPAO finalize Missan fields contract

Twelfth contract signed with foreign firms since 2008 will push production capacity to more than 12.5 million bpd within seven years, boosting Missan province's oil standing. And more deals may be in the pipeline.

Dhi Qar officials: Petronas too slow in Garraf

Political and energy officials in province express impatience, make plans for expected oil revenue increase, and seek rural access to electricity, after visit to Malaysia.

Sept. 1 auction for three gas fields

Forty-five foreign oil companies eligible to bid on three gas fields and jump-start Iraq's massive but under-performing natural gas industry. Minister says 2009 oil auctions a model for Iraq and the region.