The cash-strapped KRG has lost millions due to export pipeline malfunctions and attacks on a key oil field. Twin oil pipelines run north to a processing facility at the Avana Continue Reading
Oil well on fire A group of gunmen blew up a bomb at the Bai Hassan oil field in Iraq’s northern province of Kirkuk on Wednesday, China’s news agency Xinhua Continue Reading
The company logo of Lukoil is seen in West Qurna oilfield in Iraq’s southern province of Basra, March 29, 2014. Iraq has reached agreement with BP, Shell and Lukoil to Continue Reading
Thanks to the worst recorded heat wave in Iraq’s history, now in its fourth week, Abu Mahdi may be this city’s happiest man. From a hole-in-the-wall shop on Baghdad’s east Continue Reading
For the second time in two months, residents of Iraq’s oil capital are suffering severe power outages because the government cannot pay its bills. Turkey’s Karkey Company, a subsidiary of Continue Reading
Norwegian energy company DNO said it received from the government a partial payment for the oil it exported in June from the Kurdish north of Iraq. The company reported receiving Continue Reading
Lower prices and a huge cut in advances from oil traders cause monthly oil proceeds to fall by $90 million, while most oil companies remain unpaid for July production. A Continue Reading
Facing the imminent advance of Iraqi forces, militants from the self-proclaimed Islamic State (IS) have looted, bulldozed and torched the Qayarah refinery, and are trying to weaponize oil from nearby Continue Reading
Local IS sleeper cell blamed for twin attacks on Kirkuk energy plants Further detail of how IS stormed AB2 and Bai Hassan facilities Severe damage to Bai Hassan South complex, Continue Reading
Kurdish military leaders confirmed to Arab media the Islamic State terror group was responsible for attacks on oil and gas installations in northern Iraq. Suicide bombers with the group calling Continue Reading
