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Iraq News and Analysis

News

Iraq has revised down its budgeted oil price for 2015

Iraq cuts spending and budgeted oil price Subscription Required

29 January 2015 | By Mark Watts

Budgeted oil price trimmed to $55 a barrel from $60 with deficit set to rise

Iraq generating capacity 2013

Firms express interest in Iraq IPP Subscription Required

26 January 2015 | By Andrew Roscoe

Total of 17 companies submit expressions of interest for first publicly tendered independent power project since 2011

oil

Petrochina tenders field surface facilities Subscription Required

22 January 2015 | By Mark Watts

Chinese group also invites bids for power plant expansion management and new road bridge

Erbil, capital of the Kurdistan region of northern Iraq

Kurds to receive full share of Baghdad budget Subscription Required

21 January 2015 | By Mark Watts

Oil exports deal smooths relations between Iraq and northern Kurdish exclave

Crude production

Iraq reports record crude production Subscription Required

20 January 2015 | By Mark Watts

Oil Ministry says output has reached milestone of 4 million barrels day in December

Iraq to double Kirkuk crude exports

Iraq to double Kirkuk crude exports Subscription Required

15 January 2015 | By Mark Watts

Northern Iraq oil sales boosted following deal between Baghdad and Erbil governments

Saudi Arabia has sent a delegation to Iraq to prepare to reopen an embassy in Baghdad and a consulate in Erbil, the capital of the Kurdish region of northern Iraq

Riyadh to reopen Baghdad embassy Subscription Required

13 January 2015 | By Philippa Wilkinson

Embassy has been closed since 1990

Refinery

Still no awards decision on Bazian refinery Subscription Required

11 January 2015 | By Mark Watts

Qaiwan Group still assessing proposals for Bazian refinery expansion and pipeline in Kurdistan region of northern Iraq

Gulf Keystone increases oil production at Shaikan

Gulf Keystone increases oil production at Shaikan Subscription Required

6 January 2015 | By Mark Watts

Company exporting crude via trucks to Turkey as it prepares eighth well

Iraq says Kirkuk is restarting exports

Iraq says Kirkuk is restarting exports Subscription Required

23 December 2014 | By Wil Crisp

Kurds are overseeing production at fields

Iraq power sector and power capacity

Iraq relaunches private power programme Subscription Required

22 December 2014 | By Andrew Roscoe

Ministry invites developers to express interest in first publicly tendered IPP since 2011

Engineers hard at work to reopen Baiji refinery

Engineers hard at work to reopen Baiji refinery Subscription Required

22 December 2014 | By Wil Crisp

Iraq’s biggest refinery was taken back from Isis in November

Lukoil invites bids for West Qurna wellpad

Lukoil invites bids for West Qurna wellpad Subscription Required

21 December 2014 | By Mark Watts

Companies given until 26 January for Iraq project covering 10 oil wells

Iraq energy EPC awards

Iraq awards design deal on critical seawater supply project Subscription Required

16 December 2014 | By Mark Watts

Austria’s ILF Consulting Engineers wins contract on two 150km pipelines

Petrojet wins $143m in Iraq gas contracts

Petrojet wins $143m in Iraq gas contracts Subscription Required

14 December 2014 | By Mark Watts

Egyptian group to build gas pipeline and undertake work on separation plant

Oil

Oman prequalifies for Yibal Rejuvenation project Subscription Required

14 December 2014 | By Mark Watts

Petroleum Development Oman prepares tender for onshore oil field scheme

Baghdad

Iraq GDP to fall 0.5 per cent in 2014, says IMF Subscription Required

11 December 2014 | By Mark Watts

Isis insurgency causes decline in non-oil economy

 given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

The Middle East in 2030

10 December 2014 | By Richard Thompson

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Cristal Hotel lobby

Cristal Hotel Group expanding across Middle East Subscription Required

7 December 2014 | By Philippa Wilkinson

Abu Dhabi firm planning to develop several new hotels throughout region

Oil drilling

Marathon and Total make new discovery in Iraqi Kurdistan Subscription Required

3 December 2014 | By Mark Watts

Light oil and gas reservoirs found on Harir block outside of Erbil

Analysis

Saudi oil production and brent crude price

Riyadh in strong position ahead of Opec meeting Subscription Required

18 November 2014 | By Kevin Baxter

Saudi Arabia showing no signs of cutting oil production despite falling prices

New strategy: Washington and its allies plan to wipe out Isis targets wherever they are, including Syria

Washington takes the initiative Subscription Required

11 September 2014 | By Mark Watts

Air strikes by a US-led coalition are key to the pushback against Isis

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription Required

17 August 2014 | By Rebecca Spong

Investors face a widening and complex web of risks in the Middle East and North Africa region

Top 100 projects, Q2 2014

Top 100 projects index dips Subscription Required

14 August 2014 | By Robert Jones

Small fall in the total value of the Middle East’s biggest projects, but further pressure expected due to fighting in Iraq

Rigs operating in the Middle East and North Africa, June 2014

Middle East rig count on the rise Subscription Required

31 July 2014 | By Kevin Baxter

The region is now the world’s second-biggest market for operating oil rigs

Comment

Iraq's decision to relaunch its private power programme is laudable, but is likely to attract scepticism

Baghdad faces IPP challenge

22 December 2014

The government’s decision to relaunch its private power programme is laudable, but is likely to attract scepticism due to the many challenges involved

US Secretary of State John Kerry said the attack missions by Iranian jets were a positive development in efforts against Isis

Iran carries out first airstrikes against Isis, US claims Subscription Required

4 December 2014 | By Mark Watts

Tehran denies offensive despite news footage showing F-4 Phantom II raids in Diyala

Haider al-Abadi

Al-Abadi facing familiar problems in divided Iraq Subscription Required

13 November 2014 | By Mark Watts

New prime minister a welcome replacement for Al-Maliki, but faces same sectarian pressures

Baiji refinery, north of Baghdad, in Iraq

Erbil strives to meet domestic fuel demand Subscription Required

6 November 2014 | By Mark Watts

Baiji refinery outage highlights importance of refining expansion in Iraqi Kurdistan

The development of power plants shows the Kurdistan Regional Government is determined to meet the needs of its people and industries

Erbil remains committed to development Subscription Required

6 November 2014 | By Andrew Roscoe

The development of power plants shows the Kurdistan Regional Government is determined to meet the needs of its people and industries

Iraq's Prime Minister Haidar al-Abadi

Baghdad unity government a positive step Subscription Required

11 September 2014 | By Mark Watts

Al-Abadi faces huge challenge to bridge sectarian divides

Syria's President Bashar a-Assad

Respite from cold for Al-Assad Subscription Required

4 September 2014 | By Andrew Roscoe

The West might have to ask the Syrian leader for assistance in stamping out jihadist group Isis

Kurdistan

Isis threatens Kurdish hopes Subscription Required

21 August 2014 | By Mark Watts

Erbil faces difficult questions about its quest for independence

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