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1 week ago | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily
Flares burn at the Rumaila oil field on June 6, 2020. To fight natural reservoir decline and achieve its production potential, the field needs increasing supplies of water. (JASSIM AL-JABIRI/Iraq Oil Report) BASRA - Iraq is drawing on a multi-billion-dollar Chinese financing program to fund the construction of a network of pipelines that could help transform southern Iraq’s oil sector by supplying water needed to boost crude production.
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2 months ago | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily
BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps with the export of crude oil produced at the Qayarah oil field, which is transported overland to the Khor al-Zubair port in Basra and then shuttled to deeper water for loading onto large ships. This content is for registered users. Please login to continue.
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2 months ago | 
iraqoilreport.com | Ben Van Heuvelen |Jassim al-Jabiri |Ali al-Aqily
BASRA - Iraq's most prolific oil field is still producing at least 120,000 barrles per day (bpd) below its nominal capacity, nearly two weeks after a large fire destroyed a storage tank and took several dozen wells offline. Field officials said they had hoped Rumaila, which averaged over 1.3 million bpd last year, could bring the temporarily shuttered wells back online by the end of January.
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Jan 24, 2025 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily |Jassim al-Jabiri
A fire burns at Degassing Station 5 off the Rumaila oil field on Jan. 24, 2025. (JASSIM AL-JABIRI/Iraq Oil Report) BASRA - A large fire at the Rumaila oil field has temporarily taken about 120,000 barrels per day (bpd) of crude production offline and caused minor injuries to some personnel, according to several oil officials.
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Jan 22, 2025 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily |Jassim al-Jabiri
A drilling rig at the Rumaila oil field in October 2023. (JASSIM AL-JABIRI/Iraq Oil Report) BASRA - Fuel shortages at Iraq's most prolific oil field caused production to drop by more than 250,000 barrels per day (bpd) at the end of 2024, highlighting the immense challenges of fighting natural reservoir decline and maintaining output at Rumaila.
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Nov 12, 2024 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily
BASRA - The Khor al-Zubair port in Basra plays a key role in Iraq’s crude and fuel trade, and it is set to expand. Crude from the Qayarah oil field in Ninewa province is transported overland, by rail and truck, to Khor al-Zubair for export. And the port is the entry and exit point for a variety of refined products, including heavy fuel oil (HFO), jet fuel, diesel, and kerosene. This content is for registered users. Please login to continue.
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Oct 21, 2024 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily |Jassim al-Jabiri |Jewdat al-Sai’di
BASRA - Oil Minister Hayyan Abdulghani has returned to his post after a prolonged health-related absence, which ignited an unresolved period of political jockeying to reshuffle parts of Iraq’s oil sector leadership. Abdulghani was back at his desk at the Oil Ministry headquarters Monday, according to statements and photos released by the ministry. One of his deputies, Ali Maarij, had assumed temporary authority. This content is for registered users. Please login to continue.
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Oct 17, 2024 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily
BASRA - The South Gas Company (SGC) is involved in many of Iraq’s major hydrocarbon priorities: reducing gas flaring, turning that wasted gas into products for local consumption, and enabling the excess to be exported to add to the country’s revenues.
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Oct 7, 2024 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily |Jassim al-Jabiri |Jewdat al-Sai’di
BASRA/AMARA - Deputy Oil Minister Ali Maarij has temporarily taken charge of Iraq’s day-to-day oil operations, as Oil Minister Hayyan Abdulghani remains hospitalized in the U.S. following a health emergency. In a statement published on Oct. 6, Maarij said he had been authorized by a state order to exercise “all of the administrative and financial powers granted to the minister” while Abdulghani is absent. This content is for registered users. Please login to continue.
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Sep 9, 2024 | 
iraqoilreport.com | Ben Van Heuvelen |Ali al-Aqily
BASRA - Iraq's refining sector is taking on increasing strategic importance as the government attempts to capture more value from each barrel of oil, reduce its fuel import bills, and limit exports in response to OPEC-plus quota agreements. Almost all of the refineries in southern Iraq are operating at full capacity, according to Eng.
