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)

Dec 29, 2009

Shell’s continued re-entry into Iraq

Iraq Oil Report spoke to Mounir Bouaziz, Shell’s vice president for Middle East & North Africa, about what it will take to truly secure oil and gas investments in Iraq.

Dec 22, 2009

China initials Halfaya contract

Oil Ministry and company officials put initials on second round auction contract for Halfaya, sent to the Council of Ministers for approval.

Dec 22, 2009

Dhi Qar oil company to be added to state firms

The Iraqi Oil Minister expects to create an oil company based in the up and coming oil province of Dhi Qar.

Dec 22, 2009

Rumaila lawsuit hearing set for Jan. 11

Iraqi federal court hears government defense, postpones hearing and fate of contracting process until Jan. 11.

Dec 21, 2009

Garraf deal on way to Council of Ministers

Iraqi Oil Ministry, Petronas and Japex initial oil deal for Garraf, sent to Council of Ministers for approval.

Dec 20, 2009

Schedule for Round 2 oil deal initialing

Iraq begins Sunday and ends Dec. 30 with initialing of the oil contracts awarded Dec. 11 and 12, to be sent to the Council of Ministers.

Dec 20, 2009

Shell and Petronas get closer to Majnoon contract

Representatives of the two oil companies initialed a contract with the Iraqi Oil Ministry Sunday, though now begins the longer process of Council of Ministers approval.

Dec 16, 2009

Unannounced service cuts for Iraqna users

One of the few mobile phone monopolies in Iraq has surprised consumers by cutting off outgoing calls of more than a million users.

Dec 14, 2009

Iraq to rival Saudi oil output, if…

Thanks to two oil auctions, within eight years Iraq may eclipse Saudi Arabia to become the largest oil producer in the world. Many obstacles, however, remain.

Dec 14, 2009

The numbers speak volumes

A breakdown of the expected oil production from the 10 fields Iraq awarded for development to foreign oil companies since June 30.