Energy

January oil production inches higher despite Rumaila dip

Nationwide crude production increased by just over 50,000 bpd as state-operated Basra fields ramped up to compensate for a temporary decline at Rumaila.

Deputy Oil Minister Bassim Mohammed Khudair (center) and Basra Oil Company Director General Bassim Abdul Karim (right) tour part of the Ratawi project led by TotalEnergies in February 2026. (Photo credit: Oil Ministry)

May 23, 2025

Iraq signs another major integrated energy deal

Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, petrochemicals, and power generation.

May 21, 2025

Q&A: Farhan al-Fartousi, director general of the General Company for Ports of Iraq

Iraq is expanding its port capacity, including a fast-track project to import liquefied natural gas in time for this summer's peak electricity demand season.

May 21, 2025

New KRG gas deals draw condemnation from Baghdad

U.S. firms HKN and WesternZagros have signed agreements for upstream gas development at the Miran and Topkhana fields.

May 14, 2025

April production drops as Iraq trims from Basra

Oil Ministry cuts output at Majnoon and other state-run southern fields in effort to meet OPEC-plus expectations.

May 9, 2025

Q&A: Hassan Mohammed Hassan, director general of the Iraqi Drilling Company

The new leader of Iraq’s state-run well drilling firm discusses plans to expand its rig fleet and increase revenues.

May 6, 2025

Iraq oil exports decrease in April

The Oil Ministry has issued major upward revisions of its February and March export figures, while preliminary data show a dip in April.

May 1, 2025

BP deal aims to revamp Kirkuk energy sector

Iraq is once again leveraging upstream development to finance gas and power projects.

Apr 29, 2025

March production rises on Rumaila recovery

Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus quota compliance.

Apr 23, 2025

Iraq terminates Akkas contract, drawing legal threats

Cabinet taps state-run Midland Oil Company as operator for fast-track gas field development with help from SLB, but contentious ouster of Ukrzemresurs could spark litigation.

Apr 17, 2025

Strategic water project makes progress, helped by Chinese financing

A China-Iraq finance program is set to provide billions of dollars for a seawater supply project that promises to enable a transformational increase in Iraq's oil production.