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Energy

Iraq takes action on illicit oil schemes

U.S. designation of a key oil sector logistics provider highlights sanctions risks, prompting Iraqi measures to combat corruption in fuel trading.
Iraqi Navy vessels take part in operations to combat illicit oil sales in August 2025. (Photo credit: GCPI)

Going it alone on gas

Akkas and Mansuriyah gas fields, unsigned in recent auction, to be developed by state firms.

A different Iraq oil law approved

Council of Ministers end-around feuding factions – for now – and move to restart the national oil company with support of key political blocks.

SOC chief punished

Vocal opponent of first bidding round and chief of Iraq's largest state oil company has been let go.

Nov. set for second bidding round

Iraq’s Oil Ministry spokesman said the second bidding round for oil fields offered to foreign investors will take place at the end of November. Assem Jihad offered few details but said pre-qualified companies will be able to submit bids for 10 oil fields in four months. Meanwhile, rumors that South Oil Co. chief Fayadh Hassan […]

Oil exports and revenue increase

New June data from Ministry shows signs of growth while national oil company law makes progress to Parliament, 2nd bidding round set.

Raw docs

Three key documents from Iraq's June 30 auction for six oil and two gas fields.

Workers rebel

Iraq’s oil unions allude to tense future in Rumaila as foreign firms signed by the Oil Ministry are unwelcome, at least on the current terms.

Big, careful steps

As Iraq appears to start slowly denationalizing its oil sector, politicians and foreign companies must ensure Iraqis are satisfied.