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Energy

Iraqi wartime production cuts reach 3.6 million bpd

Iraq is navigating acute logistical and infrastructure challenges to maximize refinery consumption and exports while the Strait of Hormuz remains closed.
Workers from the state-run Iraqi Drilling Company (IDC) work on a well at the West Qurna 1 field in Basra in March 2026. (Photo credit: IDC)

New leadership for South Gas Company

Ali Salman Majeed is named interim head of the state company responsible for boosting domestic gas supply and ending flaring in southern Iraq.

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.