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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)

January production steady

Rising production from state-operated projects helped compensate for temporary disruptions at the West Qurna 1 field.

Iraq refineries resurgent

Investors have been wary of multi-billion-dollar refinery tenders, but that hasn’t stopped the Oil Ministry from bringing vital new capacity online.

The Baiji refinery and the surge

In an excerpt from his new book, “Iraq and the Politics of Oil,” former U.S. oil official Gary Vogler narrates the high-stakes struggles over Iraq’s largest refinery.

Sonangol returns to Qayarah and Najmah

Angolan firm re-starts 2010 contracts to develop fields south of Mosul, following four-year absence after Islamic State group's invasion.

Oil Ministry strengthens KAR ties

Crude flows are increasing from the federal North Oil Company in Kirkuk to KAR Group's refineries in Kurdistan, despite political obstacles arising from Baghdad-Erbil disputes.

Ministry drops Nassiriya Integrated Project

Iraq had attempted to pair the Nassiriya oil field and refinery projects to lure investors, but now the state-run DQOC will develop the field on its own, ending negotiations with a Chinese consortium.