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Energy

Iraq seeks backup options for West Qurna 2

As a sanctions deadline looms, Basra Oil Company is poised to manage the 480,000 bpd field while Lukoil continues negotiating to sell its stake.
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)

Baiji refinery begins its comeback

Despite ongoing violence, including a weekend pipeline bombing, the Baiji refinery's resumption of operations marks progress in Iraq's northern oil sector.

Baghdad-KRG oil rights case delayed again

Iraq's Federal Supreme Court is struggling to appoint impartial technical experts to help parse the arguments over the legality of Kurdistan's independent oil sector.