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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)
Feb 17, 2010

An $85M a day task

Iraq could export more crude from its southern al-Basra Oil Terminal if there was development onshore of key infrastructure, terminal manager Shukour Taha says.

Feb 15, 2010

The crime-fighting outlaw at Beiji

The man credited with turning the refinery at Beiji from a nest of corruption to a model of productivity has a warrant out for his arrest but holds the trust of American and Iraqi officials.

Feb 9, 2010

New oil boards to form across Iraq

Oil Minister announces new network of boards to deal with oil and gas fields now set to be developed across the country, along with new state oil company.

Feb 4, 2010

Exxon exec optimistic in Iraq entry

Rob Franklin, president of Exxon Mobil Upstream Ventures, speaks to Iraq Oil Report about tough negotiations with Iraq to finalize a contract for one of Iraq's biggest fields.

Feb 3, 2010

Production-sharing contracts: a dying breed?

EDITOR'S NOTE: The issue of production-sharing contracts (PSCs, also called production-sharing agreements, or PSAs) in Iraq is a contentious one. Encouraged initially by American advisers as the best means for investment in post-war Iraq by, the system, which allows oil companies to take a share of the profits of all oil extracted, can mean that […]

Jan 31, 2010

Lukoil finalizes super-giant W. Qurna 2

As the tenth and final oil deal is inked, oil minister reminds Iraqis that he negotiated the sweetest possible deals in effort to massively boost production.

Jan 22, 2010

It’s a deal

Iraqi Oil Ministry announces an agreement has been reached for three remaining oil deals, all to be signed by end of January.

Jan 22, 2010

Eni in Iraq, inks Zubair deal

Second of three June auction deals is signed with Italy's Eni as Iraq makes way for investment that could lead to 12 million bpd capacity.