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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 deal to unlock KRG gas production

Pearl Petroleum has signed a Gas Sales Agreement that promises to boost KRG natural gas output this year and more than double it by 2020.

Q&A: SOMO Director General Alaa al-Yassiri

Iraq's oil exports chief discusses Baghdad-Ankara-KRG oil negotiations, a new oil trading joint venture, and the possibility of a third grade of Basra crude.

Kirkuk fields begin to re-start

NOC is taking initial steps to bring some production at Bai Hassan and Avana Dome back online, increasing crude flows to refineries in Kurdistan.