Energy

Summer crisis looms as wartime disruptions hit Iraq’s power sector

Iraq's electricity grid has survived a drop in domestic gas feedstock by employing backup measures that are unlikely to meet the challenges of summertime demand spikes.

Workers from Iraq's State Company for Oil Projects install a pipeline to help transport gas from the Nahr Bin Omar field to the Basra Gas Company's NGL processing plant at North Rumaila in April 2026. (Photo credit: SCOP)

Jan 18, 2018

BP is back in Kirkuk

A memorandum of understanding promises to re-start BP's reservoir studies, and could lead to a long-term development deal.

Jan 18, 2018

Iraq pushes electricity reform, prompting protests

New efforts to charge consumers for power could reduce consumption, increase state revenues, and alleviate budget pressures – but they are proving a very hard sell.

Jan 10, 2018

Oil Ministry rebuffs Parliament order against KAR

Despite a non-binding Parliament vote, the ministry indicated it will take a practical approach to continue working with the Iraqi Kurdish company enmeshed in northern Iraq's oil sector.

Jan 9, 2018

Parliament votes to oust KAR from Kirkuk

The non-binding directive against the Iraqi Kurdish oil firm KAR Group further weakens the prospect of renewed Baghdad-Erbil oil cooperation.

Jan 9, 2018

Iraq finalizes IOC list for May 7 bidding round

Among the companies pre-qualified for new fields and blocks are at least eight with activities in Kurdistan's oil sector.

Jan 9, 2018

Houston firm likely to land Nahr Bin Omar deal

Iraq to sign with Orion Gas Processors to halt flaring and monetize associated gas at state-run field.

Jan 5, 2018

KRG exports tick up in December

Kurdistan's fourth-quarter exports plummeted after Baghdad's takeover of Kirkuk-area fields, but independent oil sales have risen modestly due to recent production increases.

Jan 3, 2018

UPDATE: Record year for Iraq oil exports

In 2017, federal Iraq averaged more daily crude exports than ever before and a 37 percent revenue increase over 2016.

Dec 11, 2017

Q&A: Bassim Mohammed Khudair, director general of the Iraq Drilling Company

Iraq's state drilling company builds its credentials as it competes with international service companies for international oil company contracts in Iraq.

Dec 8, 2017

2018 budget faces opposition, delays

Kurdish, Sunni and Basrawi MPs are the most vocal critics of the draft budget, claiming inadequate revenue sharing despite slightly increased overall spending.