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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)
Jun 8, 2012

Iraq to expand own exploration capacity

Hundreds of millions of dollars planned for increasing equipment, training and workforce of the Oil Ministry's exploration firm in post-4th bid round development.

Jun 4, 2012

Beyond the Headlines: June 4, 2012

Iraq, Iran oil officials meet Dhi Qar praises 4th bid round Missan requests Iran power Exxon standardizes local contracting

May 30, 2012

Six blocks offered, one awarded

A Kuwait-Turkish-UAE consortium takes one exploration block – and five more are left un-awarded – on the first day of Iraq's fourth bidding round.

May 29, 2012

Beyond the Headlines: May 29, 2012

Basra power units unused Missan calls for closer KRG ties Dhi Qar airport plan rejected Iraq promotes Nassiriya refinery

May 23, 2012

Beyond the Headlines: May 22, 2012

Farmers paid for crop losses Kirkuk violence intensifies Protesters decry Missan torture Dhi Qar workers allege health hazards

May 21, 2012

Exxon continues Kurdistan development

With prospective drilling deals, in-country staffing and early-stage exploration activities, the super-major is moving forward with its six KRG contracts.