Energy

Iraq seeks backup export options as Basra loadings falter

Cabinet orders emergency package for boosting oil sales after dropping to a multi-decade low in May.

Iraqi Prime Minister Ali al-Zaidi (center right), Oil Minister Bassim Mohammed Khudair (far left), and Foreign Minister Fuad Hussein (second from left) confer at a Cabinet meeting in Baghdad on June 2, 2026. (Photo credit: Oil Ministry)

Jul 13, 2018

Government offers oil job promises to settle protesters

Demonstrators turned violent on fifth straight day of protests in an attempt to enter Basra oil fields, though were repelled by security forces.

Jul 11, 2018

Four killed protecting pipeline warehouse outside Kirkuk

Unknown assailants alleged to be the self-proclaimed Islamic State killed workers at a pipeline warehouse in Dibis, northwest of Kirkuk.

Jul 11, 2018

Low-level smuggling is high stakes for local officials

Iraqi authorities have discovered several small-scale smuggling rackets in and around Basra over the past year.

Jul 9, 2018

Protester killed in services protest outside Basra oil field

Iraqi security forces shot protesters in an escalation of chronic frustration with a lack of jobs and services, including salty water that shut down the Basra refinery.

Jul 2, 2018

Iraqi oil exports steady in June though federal revenues fall

Federal oil exports increased, but the oil price pushed down earnings, and Kurdistan tanker loadings slowed due to outages.

Jun 28, 2018

Supreme Court delays crucial oil rights ruling

Kurdistan scolded for late response to court, as both it and federal government instructed to present additional legal arguments.

Jun 22, 2018

Bai Hassan is back online as Iraqi production grows

Kirkuk production has increased, but the Oil Ministry's efforts to find new routes to market for stranded capacity are incomplete.

Jun 21, 2018

Subba field risks shut-down

After just six months in production, the Subba field is faltering due to bureaucratic dysfunction, tight budgets, and insufficient processing infrastructure.

Jun 20, 2018

Oil Ministry order sets INOC in motion

A 12-person committee will study best international best practices and develop recommendations for implementing a new law to re-create the Iraq National Oil Company.

Jun 14, 2018

May production rises to greet high prices

Efforts to tap Kirkuk's stranded capacity and output increases in Basra help Iraq take advantage of recent oil price strength.