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Energy

Iraq begins oil leadership reshuffle, including major corruption arrest

As a new government takes power, high-level political shifts are starting to filter down through the leadership ranks of Iraq's oil sector.
Iraqi Prime Minister Ali al-Zaidi (center) chairs a meeting on auditing government contracts with the head of the Integrity Commission and other senior federal officials in Baghdad on May 30, 2026. (Photo credit: Prime Minister's Office)

Iraq production surges after OPEC meeting

Oil Ministry unleashes latent capacity from state-run fields in July, more than compensating for production dips resulting from protests in southern Iraq.

July oil exports and revenues rise

Federal oil revenues hit a four-year high as exports increased through both the Basra Gulf and the KRG-controlled northern export system.

Iraq struggles to contain Basra oil protests

A demonstration threatens to shut down roads into the West Qurna 1 oil field as protesters, emboldened by a supportive message from Sistani, rail against government failures.