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Security

Akkas gas field falters despite increasing power needs

Even as wartime supply disruptions push Iraq toward a summertime electricity crisis, the Akkas gas field is producing at a fraction of its potential.
Representatives of the Iraqi Oil Ministry and the U.S. company SLB gather in Baghdad on July 22, 2025, for the signing of a contract for the development of the Akkas gas field. (Photo credit: Oil Ministry)

Another refinery attack signals rising threat

Sunday's rocket strike on KAR Group's refinery complex in Erbil damaged a storage tank and highlighted increasing security risks for Iraqi Kurdistan's critical energy infrastructure.

Protests shut down Nassiriya field

The 60k bpd field is the second in two days to stop production amid global supply concerns as Russian war in Ukraine continues.

Dhi Qar unrest raises oil sector risks

Protesters are threatening to shut down the Nassiriya field, and deadly violence has caused one American company to suspend oil operations in the province.

KRG resumes Syria crude trade

After more than a month, the border has reopened for both trade and humanitarian traffic, alleviating economic pressure on a U.S. ally in the counter-IS fight.