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.

Iraqi Prime Minister Mohammed Shia al-Sudani (center) and Oil Minister Hayyan Abdulghani (center-right) meet with a delegation from Chevron in Baghdad on Dec. 10, 2025. (Photo credit: Oil Ministry)

Energy

Iraqi exports dip on southern capacity squeeze

Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly oil depot fire.

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

Pre-election Q&A series: Raed Hamdan al-Maliki, independent MP

Ahead of a consequential election for Iraq’s energy sector, key political figures give their outlook on the upcoming vote and government-formation process.