OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year.
Iraq, BP advance in Kirkuk contract talks
A long-sought deal is getting high-level political attention, and some officials expect to clinch an initial contract in January.
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Iraqi Oil Minister Hayyan Abdulghani (center) leads a meeting with senior Oil Ministry officials and BP executives in Baghdad on Jan. 9, 2025. (Photo credit: Oil Ministry)