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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)

Iraq threatens Exxon with blacklist

Top central government officials said Exxon's deal with the KRG for six blocks violates the West Qurna 1 contract and jeopardizes the company's future in Iraq.

Beyond the Headlines: Oct. 24-30

OPEC hosts oil committee MPs Missan drills new wells UN envoy visits volatile Kirkuk Dhi Qar oil fire extinguished

Q&A: Anbar Governor Qasim Abid

The governor of Iraq's largest province talks about security amidst U.S. troop withdrawal and Syrian violence while multiplying energy sector investment.

Anbar sets terms for investment

Anbar's governor is aiming to create a business climate that attracts investment while putting his province's needs first.

Q&A: Vice President Tariq al-Hashimi

As the U.S. military prepares to withdraw, one of Iraq's vice presidents says the country's top security priorities include not only military restructuring but also investment and economic development.