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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)

Oil exports and revenue increase

New June data from Ministry shows signs of growth while national oil company law makes progress to Parliament, 2nd bidding round set.

Raw docs

Three key documents from Iraq's June 30 auction for six oil and two gas fields.

Workers rebel

Iraq’s oil unions allude to tense future in Rumaila as foreign firms signed by the Oil Ministry are unwelcome, at least on the current terms.

Big, careful steps

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

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.

Oil bid debrief

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

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.

Kirkuk feels the power

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