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Energy

Summer crisis looms as wartime disruptions hit Iraq’s power sector

Iraq's electricity grid has survived a drop in domestic gas feedstock by employing backup measures that are unlikely to meet the challenges of summertime demand spikes.
Workers from Iraq's State Company for Oil Projects install a pipeline to help transport gas from the Nahr Bin Omar field to the Basra Gas Company's NGL processing plant at North Rumaila in April 2026. (Photo credit: SCOP)

Exports steady in April

Iraq's oil sales are well below capacity due to OPEC cuts, but monthly revenues are trending upward along with global crude prices.

March production drops steeply

A perfect storm of factors — OPEC cuts, bad weather in the Basra Gulf, and flooding — caused Iraq’s output to fall by more than 4 percent.

Oil Ministry bars Petrofac from gas project

After a former Petrofac executive pled guilty to paying bribes in Iraq and Saudi Arabia, the Oil Ministry has ordered an end to negotiations over the Ratawi gas hub.

Hadi al-Amiri appointed “czar” of Basra

The prime minister has tapped Amiri - the paramilitary commander-turned-political maverick - to coordinate an array of urgent initiatives in Iraq's oil capital.

Basra export outages dent March oil sales

With production already constrained by OPEC cuts, Iraq's exports dipped even further as three days of bad weather disrupted Basra Gulf tanker loadings.