Energy

July exports rise as OPEC continues quota hikes

Iraqi oil sales increased in July, even as the fate of a deal to restart northern exports via Turkey remains uncertain.

Iraqi Oil Minister Hayyan Abdulghan (second from right) participates by videoconference in a meeting of the OPEC-plus Joint Ministerial Monitoring Committee on July 28, 2025. (Photo credit: Oil Ministry)

Nov 23, 2009

Bringing transparency to Iraq’s crude world

Oil Ministry Inspector General talks about the smuggling evolution, and wants more civil society participation in Iraq’s efforts to be transparent.

Nov 23, 2009

Japanese consortium back in Baghdad for Nassiriya

Negotiations continue for Thi Qar oil field despite ongoing delays after Japanese companies chosen over Italian and Spanish firms.

Nov 23, 2009

Heritage drops Genel takeover

Establishment of largest player in Iraqi Kurdistan now scrapped after Eni buyout of Heritage’s Uganda assets and KRG payments still disputed.

Nov 16, 2009

Baghdad sends oil delegation to KRG – UPDATE

Deputy oil ministers lead team in rapprochement with new Kurdish leadership in Erbil, ministry officially denies it’s a business trip.

Oct 21, 2009

Daura refinery expansion on time

Fast-track may now be difficult but adding 70,000 bpd capacity by February is on track.

Oct 20, 2009

Nippon consortium wins Nassiriya

The Japanese consortium’s bid chosen for ECP contract that will lead to as much as a 10 fold increase in production.

Oct 20, 2009

Big companies getting closer to big Iraq oil fields

Four oil fields from Iraq’s first licensing round in June are at various stages nearing a final agreement as companies rush to take Iraq’s terms.

Oct 19, 2009

Meetings move Iraq closer to next oil field auction

Terms become more clear as Oil Ministry officials meet with hopeful foreign companies ironing out details of the December bidding round.

Oct 16, 2009

Minister expert says Shell gas deal within two months

Asri Mousa says technicalities, not politics, have delayed the joint venture to capture Basra gas.

Oct 16, 2009

Mesopotamia Petroleum confirmed out of Iraq drilling venture

Iraq drilling chief says MPC out after failing to fulfill financial obligations; IDC aims for 150 wells and 250K bpd in 2010.