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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 bullish on Fao storage, south export expansion

Before Iraq can reach its ambitious oil production and export goals, it must massively expand transmission and storage capacity. As construction begins, IOR takes a tour of the oil sector's new infrastructure.

Analysis: Iraq’s electricity plans

Iraq’s electricity plans can address the country’s chronic power problems, says Iraq legal expert David Lockhart – but only if government officials can work together to implement them.

Final month for Shell gas deal

A top Iraqi gas official said March meetings are a deadline for proposed joint venture with Royal Dutch Shell and Mitsubishi.

Akkas stalls again

Anbar officials raise objections about gas exports and housing, ceremony to sign draft Akkas field deal postponed for second time since October.

KRG field flows to export pipeline

Iraq has taken its first steps towards exporting 100k bpd of oil from the Kurdistan region, though major issues are still unsettled.