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Energy

Northern pipeline restart offers limited relief

A political breakthrough unlocks Iraq's only secondary pipeline export outlet, but volumes are capped by infrastructure constraints and security threats.
Welders work to repair the Iraqi side of the Iraq-Turkey Pipeline in March 2026. (Photo credit: NOC worker)

Iraq opens border blocks for new investment

Foreign oil companies are invited to propose contracts – though not production sharing – for eight exploration blocks on the borders with Iran and Kuwait, as well as one offshore exploration block.

Oil export plateau continues in June

Iraqi exports have remained steady since February - and well below capacity - as the government maintains its efforts to support an OPEC cut agreement.

UPDATE: Oil minister names new upstream deputy

Karim Hattab said he'll soon outline his exploration and production priorities as new deputy minister, following a seven-year stint in charge of the Oil Exploration Company.