An MP from Basra and influential member of Asaib Ahl al-Haq, Awad outlined his position on foreign oil companies in Iraq and Iran's role in the oil sector.
Iraq is racing to upgrade transmission infrastructure and improve electricity service in the south in time for next summer.
The PUK leader discusses deteriorating political rivalries within Kurdistan and their impact on both gas development and impending negotiations with Baghdad over oil rights.
Iraq’s State Oil Tankers Company hopes to rebuild its fleet to take on crude oil exports and match its Gulf peers.
Oil production at Zubair is being ramped up towards a targeted 700,000 bpd within five years, but that goal will require more water injection than is currently available.
Production capacity at the West Qurna 1 oil field is set to increase to 600,000 bpd in 2023 despite operator ExxonMobil’s planned exit.
One of Iraq's largest oil fields is nearly doubling its capacity next year — and, with new seismic work, likely increasing reserves beyond its current 47 billion barrels.
Iraq could soon gain a new option for exporting crude with the ongoing expansion of Khor al-Zubair port.
The 140,000 bpd ultra-modern Karbala refinery, federal Iraq's first large greenfield build in decades, is in the final stages of pre-commissioning now and is set for an October startup.
Iraq's state company for drilling has idle rigs ready for more upstream development.
