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Iraq News and Analysis

Baghdad

Iraq to build wall around Baghdad to repel Isis Subscription

Work has started on 65-kilometre stretch of the wall

Oil rig

Six Opec members agree to emergency meeting, says VenezuelaSubscription

Two non-member states have also agreed to attend meeting if it is called

Soldiers in the Iraqi army

Baghdad forced to withdraw forces in Iraq’s southSubscription

Pressure from Shia militias sees troops removed from oil-rich region that surrounds Basra 

Pipeline

China Petroleum Pipeline signs Iraq pipeline dealSubscription

Consortium formed to invest in $13bn Common Seawater Supply Project

Water pipes

Iraq looks to China for oil project fundingSubscription

Sources say Baghdad is in talks with PetroChina over investment in $13bn project

Iraq’s crude production hits a record high

Iraq discusses reducing spending by foreign oil companiesSubscription

Oil ministry says it is doing everything possible to increase production

Iraq oil exports hit record level

Outlook dims for $2.5bn BP project in IraqSubscription

Industry source says the 2016 budget for the Rumaila oilfield development is yet to be approved

Gulf Keystone increases oil production at Shaikan

Oil companies relinquish license for block in Iraqi KurdistanSubscription

Kulf Keystone Petroleum and MOL Hungarian Oil and Gas exit the Akri-Bijeel block

Oil derricks

West Qurna-2 budget deliberations continueSubscription

The $4bn oil project’s budget for 2016 has yet to be approved by Baghdad

Workers welding oil pipeline

Iraqi Kurdistan’s crude exports declineSubscription

Exports averaged at 584,056 barrels a day in December

Gas pipelines

Dana Gas cuts costs and workforceSubscription

Low oil prices and late payments hit UAE oil company

Iraq cuts capital spending

World Bank to extend emergency support loan to IraqSubscription

The $1.2bn single-tranche budget support loan will be available to Iraq before the end of the year

Iraq oil

Iraq forecasts an increase in oil pricesSubscription

Global oil prices hit a seven-year low on 11 December

Shell

Shell to cut a further 2,800 jobsSubscription

Cuts come on top of 6,500 redundancies announced in July

Kirkuk

Senior employee of Iraqi state oil company shot deadSubscription

Deputy inspector-general Hassan Salim is the third official to be killed in four months

Iraq oil exports hit record level

China offers Iraq hope as oil projects grind to a haltSubscription

Beijing provides cash as budget problems and violence cast a shadow over future production

Oil: Production currently stands at 2.9 million b/d

Oil and gas assets lack buyersSubscription

Oil companies selling off assets in the region will struggle to find buyers in 2016

Incidents by region in iraq

Securing oil field assetsSubscription

Terrorist attacks have increased the need for security to protect employees and company assets  

A KDP peshmerga celebrates

Isis backs down in SinjarSubscription

The jihadist group has been flushed out of Sinjar in Mosul and the Yazidis can finally return to a city that has been theirs for countless generations

Basra oil derrick

Iraqi budget crisis increases uncertainty for oil projectsSubscription

As revenues dwindle project activity is slowing

Iran economic indicators, and oil production and exports

Conflict and geopolitical tensions weigh on Middle East oil exportersSubscription

For non-GCC exporters, breakeven oil prices are significantly above average prices

KRG Deputy Prime Minister Qubad Talibani

Crisis management in Iraqi KurdistanVideoSubscription

Interview: Deputy Prime Minister Qubad Talabani says bolstering the economy is key to stability

Threat: Worsening political fractures within Iraqi Kurdistan could leave the region more vulnerable to Isis

Infighting weakens Kurdish recoverySubscription

Iraqi Kurdistan is battling Isis on its borders and is now facing growing unrest from within

Colonel Younes (left) with bodyguard

Iraq’s Kurds hold their groundSubscription

Wil Crisp visits a Kurdish town on the frontline of the battle with Isis

IMF fast-tracks Iraq loan

Iraq's finances are coming under increasing strainSubscription

War with Isis and low oil prices have dented reserves

Commercial bank branches in Mena region

A region lacking in banking accessSubscription

Populations in Middle East and North African countries would benefit from far more extensive branch networks

Division: Prime Minister Al-Abadi (left) and former leader Al-Maliki are both trying to make political gains in Iraq’s government

A new battle for Baghdad’s political futureSubscription

The fight to stamp out corruption in Iraq’s political system is fraught with challenges