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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)
May 14, 2012

Beyond the Headlines: May 14, 2012

Oil workers protest in south Garraf residents complain of pollution Missan pledges to boost oil output Khanah field to double production

May 10, 2012

Q&A: Ashti Hawrami Part 3

Kurdistan's top oil official makes the case for his region's right to export oil independently.

May 10, 2012

Oil export growth slows

The Iraqi Oil Minister said not to expect a third month of record oil export growth, as the local market needs fuel for the summer.

May 7, 2012

Beyond the Headlines: May 7, 2012

Exxon-IDC ink W. Qurna deal Dhi Qar plans new airport Oil Ministry signs equipment deals IEI signs MoU for Iraq oil schools

May 4, 2012

Q&A: Ashti Hawrami

Kurdistan's Minister of Natural Resources explains the history of the semi-autonomous region's export deal with Baghdad, why it all fell apart, and what it will take to re-start.

Apr 30, 2012

Beyond the Headlines: April 30, 2012

Security addresses Garraf tribal concerns Progress in Buzurgan, Noor fields Basra moves on Fao port project Iraq signs Beiji power deal

Apr 21, 2012

New exports, production from Basra

Iraq has launched its second SPM, increasing exports, and expects a 600,000 bpd increase in production by the end of the year.