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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)

SOC takes Oxy stake in Zubair

South Oil Company takes the largest role to date for a state owned company in a technical service contract after Occidental Petroleum's exit.

KRG keeps producers waiting for pay

The autonomous Kurdistan region is struggling to keep its promises to IOCs, owing two months of payments to most oil producers in the region.

Q&A: Senior Deputy Oil Minister Fayadh Nema

The second most senior Iraqi oil official talks about plans to keep up production during a financial squeeze, and the terms for delivering crude to a Kurdish refinery, Ceyhan and Iran.

Baghdad-Erbil export deal moves forward

The KRG has begun an oil transfer to the federal government's storage tanks in Turkey after political leaders finalized details for temporary export cooperation.