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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)
Sep 15, 2009

Oil laws not likely before January election

Parliament likely to approve income tax on foreign oil firms, long-awaited package of oil-related laws will be up to the next government due to elections and politics-as-usual.

Sep 8, 2009

Locals look for benefits in oil boom

Demand for jobs and investment spurs local officials into pressing for meaningful results from the national governments energy strategy.

Sep 1, 2009

North Oil says no reinjection

NOC chief says report of oil reinjection in 2008 is wrong, an old practice during tough times no longer in use.

Aug 26, 2009

More than $4B in July oil sales

Crude exports hit highs and capitalize on steadily increasing prices to eclipse June earnings, as Iraq explains to investors what the second bidding round will offer.

Aug 25, 2009

Struggle to fill up

Iraq's Oil Ministry eyes ending fuel imports but producing enough gasoline to meet Iraqi demand may take the type of investment that's yet to come.

Aug 19, 2009

Interview: Sabah Shabeeb al-Sa’idi

Top Oil Ministry official negotiates contracts, talks to Iraq Oil Report about the BP deal for Rumaila, gives details of the second bidding round process and contract, and hints at the Nassiriya winner.

Aug 16, 2009

Mixed review

UN watchdog over Iraq’s oil revenue says Iraq can take over the job, but worries ministries are lagging in necessary safeguards.

Aug 12, 2009

Holy money

Estimates of tens of millions of dollars donated in holy Karbalah, officials point to projects when questioned about transparency.