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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)
Jul 31, 2012

Total defies Baghdad, signs with Kurdistan

The third super-major to sign oil deals with Kurdistan, Total has bought stakes in two exploration blocks from Marathon, risking an existing contract with Baghdad.

Jul 30, 2012

Beyond the Headlines: July 30, 2012

2nd EITI report to include KRG Refinery investment policy criticized Basra worries over river salinity Japanese loans for power plants

Jul 24, 2012

Beyond the Headlines: July 23, 2012

Wasit controversy over Ahdab incident Army recruiting former regime officers Dhi Qar army redeployed toward Syria Garraf field prepares first oil

Jul 19, 2012

Chevron announces KRG block buy

The second-largest American oil company has bought two blocks from India's Reliance - another coup for the KRG, following last year's ExxonMobil deal.

Jul 17, 2012

Beyond the Headlines: July 17, 2012

Dhi Qar courts refinery investors Basrawis impatient for power Oil Ministry to pay war victims Neglected electricity equipment damaged

Jul 12, 2012

Parliament to investigate Ninewa-Exxon talks

After Kurdistan and Exxon appeared to win a key ally in Ninewa Gov. Atheel Nujaifi, a Parliament committee has been formed to investigate their oil negotiations.