Energy

U.S. hesitation on Iraq creates opportunities for Iran

Calestous Juma, director of the Belfer Center’s Science, Technology, and Globalization Project, played a central role in creation of the Lagos Innovation Advisory Council, the first of its kind in Africa.

Iraq could be poised for a dramatic transformation in which it finally escapes the political and technical constraints that have kept it producing less than 4 percent of the world’s oil, writes Meghan L. O'Sullivan. Should Iraq meet its ambitions to bring nearly 10 million more barrels of oil on line by 2017, it would constitute the largest ever capacity increase in the history of the oil industry. Even half this much would represent a massive achievement.