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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)

Critics from within

Two weeks before bidding round, top officials in South Oil Co. say contracts are "detrimental" to Iraq.

KRG firms are takeover prospects

Addax and Genel are in the process of merging or being acquired, though one could have serious repercussions in southern Iraq for the new parent.

Budget hopeful on oil rise

An increase in exports and oil prices could allow Iraq to boost spending later this year.

Water fight

Iraq warns Turkey on Euphrates water supplies.

The Kuwaiti tab

Post-Saddam, Iraq’s war with Kuwait is far from over.

Oil law progress?

MP says law coming through pipeline soon, would be required to sign oil deals.

Shelling out Iraq’s gas

Controversial pact between Iraq and Shell moving along, with Parliament requesting involvement.