Iraq’s 2025 oil exports steady as renewed Turkey flows offset Basra dip

Nationwide crude export volumes increased slightly in 2025, but annual revenues fell by $14 billion due to weaker global prices.

A worker stands at the al-Basra Oil Terminal (ABOT), one of Iraq's major export outlets, February 2010. (BEN LANDO/Iraq Oil Report)

Energy

Chevron eyes Lukoil’s Iraq assets

The American company is emerging as the leading contender for the 480,000 bpd West Qurna 2 field as U.S. sanctions appear to be squeezing Lukoil out of Iraq.

Politics

Analysis: Iraq’s 2025 election results

Preliminary results paint a picture of the balance of power in the next Parliament and the dynamics likely to shape government formation and the energy sector.

Security

Kurdistan refinery protests spark deadly violence

At least one person is dead and several injured after security forces cracked down on unemployed truck drivers demanding work at the Lanaz refinery near Erbil.

Interviews

Q&A: Khalid al-Battania, managing director of Basra Gas Company

The head of Iraq's signature gas processing project discusses efforts to secure the supplies needed to exploit BGC's expanded capacity.