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Energy

Nationwide refining capacity surges as Baiji ramps up

Iraq can now process over 1.5 million bpd of crude, as the country's largest refinery completes a decade-long comeback.
Iraqi Prime Minister Mohammed Shia al-Sudani (center) visits the Baiji refinery in August 2023 to announce projects to rehabilitate and expand the facility. (Photo credit: Prime Minister's Office)

February exports fall sharply

Oil sales are down by about 5 percent since January, as Iraq cuts production to comply with an OPEC agreement and diverts some crude flows to domestic refineries.

Inside the black heart of IS’s oil sector

On the Mosul outskirts, the IS group's Iraqi oil refining hub – recently seized by Iraqi forces – shows how the militants used savvy management to fuel their killing machine.