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)

Jan 17, 2019

December production hits all-time high, capping 2018 gains

Production capacity is now well over 5 million bpd, but future output could be constrained by infrastructure bottlenecks and OPEC obligations.

Jan 15, 2019

Q&A: Electricity Minister Luay al-Khatteeb

Iraq's new electricity minister discusses fast-track power plans, Siemens and GE, and the myth vs. reality of the Trump administration's lobbying for American companies.

Jan 10, 2019

Q&A: Musab Alkateeb, CEO of Siemens Iraq

Siemens is navigating a new Iraqi government and looking to finalize contracts to help boost Iraq's power production in time for summertime peak demand.

Jan 10, 2019

Q&A: Joseph Anis, head of GE Power Middle East

GE is aiming to leverage its existing footprint in Iraq to win new business and help expand power supply throughout the country.

Jan 9, 2019

No ‘either-or’: Iraq wants both Siemens and GE for fast-track power boost

Electricity Minister Luay al-Khatteeb is prioritizing short-term supply gains, seeking to combine elements of two larger proposals from rival multinationals.

Jan 3, 2019

Q&A: Bassim Mohammed Khudair, director general of the Iraqi Drilling Company

Iraq's state-run drilling company is adding new rigs and expanding its footprint.

Jan 3, 2019

Iraq finishes 2018 with record-breaking exports

Federal Iraq posted its highest monthly export total to date in December and, combined with Kurdistan, set a nationwide annual record.

Dec 30, 2018

Rising gas supply powers Kurdistan’s electricity revival

Power generation is increasing now that the KRG has settled crippling legal disputes, unlocking new supplies of natural gas feedstock.

Dec 24, 2018

Iraq nears massive oil sector deal with Exxon

After years of negotiations, the Southern Iraq Integrated Project is gaining traction - a critical piece of Iraq's long-term plans to increase production and exports.

Dec 24, 2018

Supreme Court awaiting Cabinet, Parliament action before deciding INOC case

Court wants to know content of new government's proposed changes to earlier national oil company law before deciding how to rule on the legal challenge.