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Energy

Iraqi oil sector weathers Iran conflict

Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures highlight risks of disruption.
Iraqi Oil Minister Hayyan Abdulghani (center left, red tie) visits the Rumaila oil field on March 2, 2025. (Photo credit: Oil Ministry)

Q&A: Falah Alamri, director general of SOMO

Iraq's top oil salesman discusses the future of Basra Heavy, the choices necessary to implement the OPEC quota deal, and making more money on Kirkuk oil sales.

Oil Ministry pauses plan to contract 12 fields

Iraq had invited IOCs to bid on new development deals. But now state companies will handle some of those fields, and Iraq will delay contracting others until next year.

Q&A: NOC chief Farid al-Jadir

To raise output from its fields, the state-run North Oil Company needs to contend with a trifecta of security, financial, and political crises.