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Energy

UPDATE: Depot fire temporarily cuts Iraqi crude exports

An explosion at the Zubair-1 depot has taken up to 1.5 million bpd of Basra Medium crude exports offline, as Iraq scrambles to divert production to storage and implement workarounds to recover export volumes.
Fire fighters and civil defense corps members extinguish the fire at the Zubair-1 pumping station following a gas leak explosion on Oct. 26, 2025.
Jul 14, 2009

Big, careful steps

As Iraq appears to start slowly denationalizing its oil sector, politicians and foreign companies must ensure Iraqis are satisfied.

Jul 9, 2009

KRG oil chief optimistic on agreements

Minister says contractors will be paid, exports to reach goal despite hitches, and he’s keeping an eye on takeovers of firms he’s signed.

Jul 8, 2009

Oil bid debrief

A week later, thoughts on the oil bidding round and what comes next for Iraq’s oil sector.

Jul 6, 2009

Lingering in the pipeline

Oil exports from northern fields doesn’t mean a deal on KRG oil contracts, even those exporting now, and a compromise is made more complex by gas deal.

Jul 1, 2009

Kirkuk feels the power

For the first time since the invasion of Iraq in 2003 an Iraqi city has 24-hour power supply.

Jun 29, 2009

Iraq oil exports, revenue up

New ministry data gives continued positive sign to oil income and exports, with the north covering the southern flow dip.

Jun 28, 2009

Weather delays Iraq oil bids

Media continues coverage of Iraq contracts up for foreign investment, though sand storms have delayed the process for at least one day and Shahristani is set to return to Parliament.