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Energy

Southern export uptick unlocks production gains

A partial resumption in tanker traffic has enabled at least 250,000 bpd in increased oil output, but a full recovery still depends on wartime dynamics outside Iraq’s control.
Workers from Iraq's Oil Pipelines Company perform maintenance work on a gas pipeline feeding the Mansuriya power station in June 2026. (Photo credit: Oil Pipelines Company)
Jul 26, 2017

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.

Jul 21, 2017

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.

Jul 10, 2017

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.

Jul 1, 2017

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.