Energy

BP deal aims to revamp Kirkuk energy sector

Iraq is once again leveraging upstream development to finance gas and power projects.

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)

Feb 11, 2020

Coronavirus fear disrupts staff rotation at major Iraqi oilfields

Oil production and exports are stable in the short term, with potentially significant supply and demand disruptions if outbreak isn't contained.

Feb 5, 2020

Gas contract feud highlights Kurdistan’s political rivalries

Unidentified gunmen have impeded trucks from loading LPG from the Khor Mor gas field, after competition between politically connected companies.

Feb 4, 2020

Iraqi oil exports and revenues drop in rough start to the year

Oil sales throughout the country declined last month, as the price of oil drops.

Jan 27, 2020

Nassiriya production returns as protesting tribe stands down

Less than a week after it was shut in, Nassiriya is back in operation following an agreement between the Dhi Qar Oil Company and local tribes demanding jobs.

Jan 24, 2020

Iraq approves all 5th bidding round deals, aims to boost gas supply

With Iranian gas imports dwindling and U.S. sanctions threats looming, Iraq takes steps aimed at quickly addressing both challenges.

Jan 22, 2020

Iraqi production hits new annual high

Despite OPEC constraints, Iraq set an all-time record for production in 2019 while building significant, new spare capacity.

Jan 21, 2020

Contract delays put BP’s Kirkuk future in limbo

After finishing a reservoir study, BP knows what it will take to revitalize Kirkuk's oil fields — but no development contract is imminent.

Jan 21, 2020

Protests force Nassiriya oil field offline again

For the second time in less than a month, protesters in southern Iraq have impeded staff from accessing the 80,000 bpd oil field.

Jan 20, 2020

Protests around Ahdab threaten production

Ahdab field still producing, officials say, though protesters using road and checkpoint blockages could create logistical obstacles that could shut in fields.

Jan 16, 2020

December production stumbles on temporary Rumaila outage

Iraq finished 2019 with its lowest monthly production average of the year due to OPEC cuts and a brief output drop at its most prolific field.