Energy

Iraqi oil sector weathers Iran conflict

Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures highlight risks of disruption.

Iraqi Oil Minister Hayyan Abdulghani (center left, red tie) visits the Rumaila oil field on March 2, 2025. (Photo credit: Oil Ministry)

Oct 12, 2017

Hashid-Peshmerga battles near Kirkuk raise specter of war

The KRG fears federal Iraqi forces are plotting a "major attack" days after tensions combusted into two, hour-long firefights near the disputed Bai Hassan oil field.

Oct 11, 2017

Iraq aims to rebuild northern pipeline

Massive political challenges and financial constraints cast uncertainty on the Oil Ministry's announcement that it will rehabilitate its decimated pipeline to Turkey.

Oct 5, 2017

Iraqi production continues to rise

Steady month-on-month increases are due to new drilling at the Halfaya field and recovering output from state-run fields.

Oct 3, 2017

Oil exports and revenues up in September

Crude prices rise and loadings increase in both Basra and the Mediterranean.

Sep 28, 2017

Qayarah and Haditha refineries re-open

The Oil Ministry is re-starting the Qayarah refinery, which had temporarily shut due to smuggling concerns, as well as Anbar province's Haditha refinery.

Sep 26, 2017

As Kurdistan casts independence vote, threats loom

The KRG oil sector is in the crosshairs of Iraq's Parliament and Turkey's president, who are seeking to stop the momentum of Kurdish secession after Monday's referendum.

Sep 25, 2017

Showdown turns to oil as referendum dispute intensifies

The day before Monday's Kurdistan independence referendum, Iraq's National Security Council called on the world to respect claims to federal control over oil and borders.

Sep 19, 2017

Kurdistan gets Russian vote of confidence

Besieged by international pressure to delay its independence referendum, the KRG gets geopolitical backup from a Rosneft agreement to underwrite oil and gas export pipelines.

Sep 14, 2017

Shell accelerates Iraq drawdown with Majnoon exit

Negotiations begin over handing back the Majnoon operatorship, months after stake in West Qurna 1 was put up for sale, highlighting one major oil company's resistance to Iraq's tough terms.

Sep 12, 2017

Hawija offensive hamstrung by Baghdad-Erbil mistrust

Long-standing disputes over Kirkuk and its oil threaten to turn allies against each other as they prepare to chase IS from one of its last strongholds in Iraq.