Energy

Iraq seeks backup export options as Basra loadings falter

Cabinet orders emergency package for boosting oil sales after dropping to a multi-decade low in May.

Iraqi Prime Minister Ali al-Zaidi (center right), Oil Minister Bassim Mohammed Khudair (far left), and Foreign Minister Fuad Hussein (second from left) confer at a Cabinet meeting in Baghdad on June 2, 2026. (Photo credit: Oil Ministry)

May 3, 2022

April exports rise by 200k bpd

Countrywide oil sales have rebounded to their highest level in two years, although infrastructure bottlenecks threaten to limit further increases.

Apr 27, 2022

Iraq taps Dhi Qar oil fields for capacity expansion

Production is rising at the Gharraf field, while the Subba field prepares to come back online and the Nassiriya field starts a new drilling program.

Apr 26, 2022

Q&A: Abdulbaqi K. Ali, Oil Ministry consultant for Energy Affairs

The Oil Ministry's point person for renewable energy discusses new solar projects, gas flaring reduction, and Iraq's Paris Agreement climate goals.

Apr 25, 2022

Q&A: Alaa al-Yassiri, director general of SOMO

The head of Iraq’s state oil marketer discusses expanding and diversifying export routes and the potential for increasing Iraqi crude supply.

Apr 22, 2022

Western sanctions raise hurdles for Russia in Iraq

Russian companies face challenges with payments and reluctance from commercial partners in Iraq following the invasion of Ukraine.

Apr 20, 2022

Q&A: Haidar Fakher Nasser, director of Khor al-Zubair port

The head of Iraq's main hub for fuel imports and exports discusses the capacity of the port and ongoing projects to rehabilitate and expand the facility.

Apr 18, 2022

Iraq’s March crude output edges higher

Iraqi production is rising as two southern fields return from temporary outages and OPEC-plus quotas continue to loosen.

Apr 18, 2022

Q&A: Ibrahim Abdul-Zahra, deputy director of the South Refineries Company

Iraq’s refineries cannot meet domestic demand for fuel and the poor quality of crude feedstock is compounding the problem.

Apr 15, 2022

Fuel smuggling causes shortages and spiking prices

Smugglers are exploiting a growing margin between government-subsidized fuel and market prices in an illicit trade that is squeezing Iraq's fuel supply and costing the government billions.

Apr 14, 2022

Q&A: Ali Jassim Hammoud, Director General of the Missan Oil Company

The second largest state oil firm is targeting an increase in oil production to 1 million bpd through expansion of existing facilities and developing new fields in Missan province.