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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)

KRG reaches landmark deal with DNO and Genel

Settlement of outstanding debt in exchange for assets is effectively a reset button for the Kurdistan oil sector, which is likely to quicken pace of production growth.

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.