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Energy

Iraq races to finalize oil deals ahead of elections

Sudani administration activates a major contract with BP and strikes preliminary agreements with ExxonMobil and Chevron as national elections near and deal-making window starts to shut.
Iraqi Prime Minister Mohammed Shia al-Sudani (standing, center), BP CEO Murray Auchincloss (standing, left), and Oil Minister Hayyan Abdulghan (standing, right) oversee the signing of a deal for BP to rehabilitate Kirkuk oil fields and build gas processing and power generation infrastructure at a ceremony in Baghdad on March 26, 2025. (Photo credit: Prime Minister's Office)

Beyond the Headlines: Nov. 12, 2012

Details of Garraf worker deaths Kidnapping, violence in Kirkuk Rumaila-Zubair pipeline secured Missan to start demining project

Baghdad blacklists TPAO without explanation

Amidst rising tension between Baghdad and Ankara, Turkish state firm TPAO has been removed from a southern Iraq exploration contract it was awarded five months ago.

Exxon pressing toward West Qurna sale

In the latest sign that Exxon is looking to sell its major interest in southern Iraq, the company has requested permission to share field data with other companies.

Beyond the Headlines: Nov. 6, 2012

Awakening councils decry weapons seizures Syria arms trafficking continues New 250MW power plant for Missan Dhi Qar signs e-governance deal

Q&A: Crescent Petroleum CEO Majid Jafar

A key leader in the development of the Khor Mor gas field, Majid Jafar discusses the project that has fueled Kurdistan's economic boom and become Exhibit A in the argument for reforming Iraqi gas policy.

Beyond the Headlines: Oct. 29, 2012

Dispute continues over Garraf deaths Oil worker kidnapped in Kirkuk Dhi Qar smart cards to curb smuggling Diyala dam to alleviate water crisis

Beyond the Headlines: October 22, 2012

Standoff between Tigris force, Kirkuk police Workers file Petronas complaint Iraq christens new ship Radiation screening at Diyala-Iran border

Exxon leads exodus from Basra to Kurdistan

Spooked by Baghdad's red tape and political volatility, international companies - led by Exxon - are leaving Basra to seek greater profits in Kurdistan.