Energy

U.S. sanctions on Lukoil threaten Iraq oil production drop

There is no backup plan for operating the 480,000 bpd West Qurna-2 field, with some Iraqi officials worrying production might need to be cut within weeks.

A ceremony at the West Qurna 2 oil field in Basra to mark the opening of two new well complexes on June 1, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)

Mar 6, 2025

Disputes between Baghdad and IOCs keep northern oil exports offline

One month after Parliament passed legislation designed to help restart the pipeline to Turkey, implementation is mired in old disagreements.

Mar 4, 2025

February oil exports rise as OPEC-plus signals strategy shift

Iraq’s export volumes increased slightly month-on-month though revenues dipped as prices softened.

Feb 25, 2025

January oil output rebounds

After steady declines in the fourth quarter of 2024, the new year started with a rise in production and modest gains in export volumes.

Feb 20, 2025

New Syria oil trade begins, despite political volatility

Syria's autonomous Kurdish-led enclave has revived an energy trade supplying oil and gas to territory controlled by the transitional government in Damascus.

Feb 13, 2025

Baghdad court ends Oil Ministry challenge to KRG oil contracts

Kurdistan's oil companies cemented a legal victory as the final avenue for appeal has closed.

Feb 12, 2025

Q&A: Ali Qais Abdul Jabbar, director general of the Iraqi Oil Tankers Company

The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.

Feb 11, 2025

Q&A: Firas Habib Haider, director of Majnoon oil field

Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.

Feb 7, 2025

Khor Mor development continues after latest drone attack

Production and expansion work continue at key gas field after yet another attack highlights unresolved Iraqi government security failures.

Feb 5, 2025

Rumaila still reeling after large fire

Production at Iraq's largest field is still down by at least 120,000 bpd as repair crews contend with extensive damage from a Jan. 24 fire.

Feb 3, 2025

Budget amendment takes Iraq one step toward northern export restart

Parliament passed an amendment to the national budget law designed to pay oil companies in Kurdistan and unlock pipeline exports to Turkey.