Iraq oil exports flat in January

Export volumes held steady in January while revenues appeared to increase slightly on higher global crude prices.

A worker checks the valve gears of pipes linked to oil tanks at Turkey's Mediterranean port of Ceyhan, which is run by state-owned pipeline company Botas. (UMIT BEKTAS/Reuters)

Energy

Oil Ministry slashes upstream spending for 2026

Urgent austerity plan aims to cut $1.4 billion from oil field budgets nationwide in 2026 without affecting production — a warning sign of fiscal trouble for Iraq.

Politics

Iraq faces political disarray after Trump opposes Maliki’s return

Maliki defiantly asserts his right to lead the formation of a new government while Kurdish parties remain at odds over presidency.

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: Ali Salman Majeed, director general of the South Gas Company

Southern Iraq's top gas official gives status updates on the recently expanded Basra Gas Company and other associated gas capture projects at Ratawi, Bin Omar, and Nassiriya.