Energy

Iraq races to finalize oil deals ahead of elections

Sudani administration activates a major contract with BP and strikes preliminary agreements with ExxonMobil and Chevron as national elections near and deal-making window starts to shut.

Iraqi Prime Minister Mohammed Shia al-Sudani (standing, center), BP CEO Murray Auchincloss (standing, left), and Oil Minister Hayyan Abdulghan (standing, right) oversee the signing of a deal for BP to rehabilitate Kirkuk oil fields and build gas processing and power generation infrastructure at a ceremony in Baghdad on March 26, 2025. (Photo credit: Prime Minister's Office)

Apr 10, 2024

Gas capture projects advance as Iraq aims to end flaring

Projects coming online this year could eliminate roughly 40 percent of Iraq’s associated gas flaring — a boost for the country’s economy, power sector, and climate goals.

Apr 4, 2024

Iraq crude exports steady in March

Oil sales were undiminished in March despite the Oil Ministry recommitting to supplemental OPEC-plus cuts that now extend through June.

Apr 1, 2024

Pipeline repairs raise prospect of alternate Turkey export route

The Iraqi side of the Iraq-Turkey Pipeline is being rehabilitated, potentially transforming the political dynamics around oil exports via Turkey.

Mar 27, 2024

Production jumps in February despite quota expectations

Iraq's countrywide oil output increased by 100,000 bpd, with incremental gains from nine fields across both federal Iraq and Kurdistan.

Mar 26, 2024

Q&A: Ibrahim Abdel Zahra, FCC project manager

The deputy director general of the South Refineries Company discusses the installation of a Fluid Catalytic Cracking unit at the country's largest refinery.

Mar 22, 2024

Iraq activates new deal to pay Iran for gas

Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.

Mar 19, 2024

Q&A: Capt. Alaa Khalaf Hassan, director of Khor al-Zubair port

A key transit point for fuel exports and imports, as well as sales of crude from the Qayarah field, the Khor al-Zubair port is expanding.

Mar 8, 2024

Iraq poised to start power imports from Jordan

New cross-border lines promise to help underserved Anbar province as Iraq aims to diversify its electricity supply.

Mar 7, 2024

Security incident at Ratawi over land claims

Gunmen made threats against a mine clearance subcontractor over land compensation claims that some security officials described as attempted extortion.

Mar 4, 2024

February oil exports rebound

After a lower OPEC-plus quota appeared to dampen Iraqi exports in January, oil sales bounced back in February.