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Energy

Iraqi exports dip on southern capacity squeeze

Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly oil depot fire.
Tugboats position a single point mooring (SPM) buoy in the Basra Gulf in January 2012 as Iraq expands its export capacity. (ALI ABU IRAQ/Iraq Oil Report)
Dec 16, 2015

Q&A: South Gas Company chief Ali Khudair

The head of Iraq’s anti-flaring efforts discusses progress – and delays – on the long road to capitalizing on the country's natural gas wealth.

Dec 9, 2015

Oil Ministry restructures SOC leadership

Four new deputy DGs will manage Iraq's southern oil sector – part of an apparent effort to quicken decision-making and address political pressures in Basra.

Dec 4, 2015

Q&A: SOMO’s Falah Alamri

The head of Iraq's oil marketing authority touts the market's embrace of the new Basra Heavy crude blend, which will account for most of the country's upcoming export growth.

Dec 2, 2015

Iraq shatters export records

In combination, Iraq's federal government and Kurdistan region exported about 4 million bpd last month, but both governments still face crippling cash shortages.

Nov 26, 2015

Iraq budget moves toward passage

Despite some spending cuts, MPs across the political spectrum criticize the budget for its unrealistic expectations, but also expect it to pass.

Nov 10, 2015

Occidental plans Iraq exit

American oil company Occidental Petroleum has formally notified the Oil Ministry it plans to withdraw from the Zubair project.