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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)

Interview: Iraq’s Minister of Electricity

Karim Waheed Hasan talks about increasing the power supply but being outpaced by demand, disputes with other ministries, worsening security and sectarianism and politics.

No deal yet on China bid for Missan oil fields

Mixed signals from Oil Ministry on new offer from Chinese consortium for fields offered in first bidding round, which include famed Fakka field that saw Iranian occupation.

Refining the future

Remaining sabotage, smuggling no match - so far - for Iraq's plans to upgrade key oil infrastructure.

Basra gas deal with Shell stalled

Negotiations on joint venture company to capture wasted natural gas have ended and project will be put to tender, said Iraqi Minister of Electricity.

Tour of a lifeline

Take a walk down the most valuable sidewalk in the world -- the al-Basra Oil Terminal, which Iraq relies on to send nearly 80 percent of its crude to market.

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.

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.