Subscribe 

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)
Apr 2, 2009

Iraq gives nine oil firms bidding rights

Selects from 38 applications to join 41 already prequalified for second phase of oil and gas field bidding, which could include Production Sharing Agreements.

Mar 25, 2009

Taq-Taq aim is 180K bpd despite no export rights

Swiss-Canadian independent Addax Petroleum has reiterated goals of producing 180,000 b/d of oil from its Taq-Taq field in Iraqi Kurdistan within two years, despite the bulk of its current production capacity at the field being shut in for lack of export routes. During a company strategy presentation, Addax said that current production stood at 11,000–12,000 […]

Mar 25, 2009

IOCs invited to comment on Iraqi model contract

Iraq's Oil Ministry has sent out a model contract to IOCs pre-qualified to bid in its first licensing round, giving the companies the opportunity to comment on them until 1 April. "We had sent out to bidding companies on March 19 a semifinal version of the model contract," Abdul Mahdy al-Ameedi, deputy director-general at Iraq's […]

Mar 24, 2009

Iraqis need better Iraq, U.S. effort

New GAO report: Oil revenue surplus will cover budget deficit, but Iraqis in need of basics like water, while oil and electricity sector need billions of dollars.

Mar 24, 2009

Shahristani courting IOCs

Oil minister treks to France for big economic meetings, gets pat on the back by IEA, following big news on Statoil, others.