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Energy

Summer crisis looms as wartime disruptions hit Iraq’s power sector

Iraq's electricity grid has survived a drop in domestic gas feedstock by employing backup measures that are unlikely to meet the challenges of summertime demand spikes.
Workers from Iraq's State Company for Oil Projects install a pipeline to help transport gas from the Nahr Bin Omar field to the Basra Gas Company's NGL processing plant at North Rumaila in April 2026. (Photo credit: SCOP)

U.S. warnings spur Exxon evacuation of expats

Production is unaffected and the security situation appears calm as ExxonMobil evacuates dozens of foreign staff from the West Qurna 1 field, following U.S. claims of threats from Iran.

Cabinet endorses SIIP negotiations with Exxon

The Cabinet threw political weight behind the Southern Iraq Integrated Project, injecting momentum into negotiations over a massive infrastructure deal that is critical to Iraq's production and export growth.