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Energy

Pipeline delays cap Iraq’s northern exports

The Iraqi side of the Iraq-Turkey Pipeline is still months away from coming online — a consequence of years of dysfunction that deprived Iraq of strategic export flexibility.
Workers from the State Company for Oil Projects rehabilitate the Iraqi side of the Iraq-Turkey Pipeline in February 2026. (Photo credit: SCOP)

Japanese consortium running out of time on Nassiriya

Oil Ministry sets deadline for Japanese oil companies to agree to EPC deal for the Nassiriya oil field, but companies short on money want assurance the three-year deal will lead to something more.

Iraq finalizes oil deal with Shell

Contract for Majnoon becomes the second of an expected 10 oil deals to be signed with the world largest oil companies to develop the world's largest oil fields.

Rumaila deal challenge now Feb. 1

Federal court hears new arguments, agrees to give time to government to respond to MP's lawsuit challenging legality of BP deal for Rumaila field.

Oil deal signings to start Sunday

Majnoon, Garraf, Qaiyarah and Najmah to be signed starting Sunday, while ministry awaits companies to OK changes to remaining five deals aimed to drastically boost production capacity.