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Energy

Iraqi exports trending up as Ceyhan loadings resume

Southern exports increased in September, and Iraq's nationwide oil sales are expected to climb further as the pipeline to Turkey reopens.
A tanker loads crude at the Turkish port of Ceyhan in May 2015. (STAFF/Iraq Oil Report)

Baghdad pursues Kirkuk-Iran pipeline

After voicing opposition to the KRG's independence referendum, Iran contemplates a deal that could shift the balance of power in Iraq's disputes over territory and oil.

Chinese consortium in talks over Nassiriya deal

Iraq's Oil Ministry starts direct negotiations with PetroChina and CNOOC for a long-delayed, massive project to build a 150,000 bpd refinery and develop the Nassiriya field.

Iraq production shoots up in June

An independent analysis shows rising output from state-run fields in Basra lifted Iraqi production by nearly 100,000 bpd, as a monitoring committee meets and assesses OPEC quota compliance.

Head of Dhi Qar Oil Company replaced

Ali Warid Hamoud, formerly of the Missan Oil Company, is the third director general appointed to lead the newly formed DQOC in less than four months.

Iraq opens border blocks for new investment

Foreign oil companies are invited to propose contracts – though not production sharing – for eight exploration blocks on the borders with Iran and Kuwait, as well as one offshore exploration block.

Oil export plateau continues in June

Iraqi exports have remained steady since February - and well below capacity - as the government maintains its efforts to support an OPEC cut agreement.