Energy

Chevron eyes Lukoil’s Iraq assets

The American company is emerging as the leading contender for the 480,000 bpd West Qurna 2 field as U.S. sanctions appear to be squeezing Lukoil out of Iraq.

Iraqi Prime Minister Mohammed Shia al-Sudani (center) and Oil Minister Hayyan Abdulghani (center-right) meet with a delegation from Chevron in Baghdad on Dec. 10, 2025. (Photo credit: Oil Ministry)

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.

Dec 20, 2018

U.S. grants new Iran sanctions waiver to Iraq

Iraq has been granted a 90-day extension to continue critical Iranian energy imports, following the expiration of the original 45-day waiver.

Dec 13, 2018

Q&A: Abdul Mahdy al-Ameedi, head of oil contracts

The Oil Ministry's contract chief talks about terminating the Mansuriya deal, the process ahead for approving bidding round five projects, and the future of Majnoon.

Dec 11, 2018

Q&A: Hayan Abdulghani, Director General of the South Gas Company

Southern Iraq's top gas official discusses initiatives to end flaring, increase electricity to Basrawi citizens, and wean Iraq from Iranian gas imports.

Dec 7, 2018

Homemade bombs, shootings at southern Iraq oil fields

Local disputes following field protests raise tension in Iraq's key oil provinces.