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)

Sep 13, 2016

Iraq posts modest but sustained oil gains

Production and export growth to continue, but short-term gains still held back by financial crisis and contractor uncertainty.

Sep 2, 2016

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.

Sep 1, 2016

Oil exports and revenue are back up

Iraq earns its highest monthly oil receipts in a year as exports and prices rise.

Aug 24, 2016

Bai Hassan field recovering slowly from IS attacks

The Bai Hassan south station is back online, but key infrastructure remains damaged and a well fire is still blazing after two IS attacks in July and early August.

Aug 18, 2016

UPDATE: Baghdad resumes exports into KRG pipeline

About 70,000 bpd is now flowing from NOC-controlled fields into the KRG export pipeline, after oil disputes caused a five-month shutoff.

Aug 18, 2016

Worker strike briefly disrupts Taq Taq field

Workers protested against proposed cuts to staff and salaries with a two-day walkout, temporarily reducing crude supply to a local refinery.

Aug 12, 2016

Q&A: Deputy Oil Minister Hamid Younis Salih

The deputy minister for gas affairs discusses Iraq's rising LPG and condensates exports, as well as the future of major projects currently stalled by security problems.

Aug 11, 2016

Kurdistan hamstrung by pipeline outages, oil field attacks

The cash-strapped KRG has lost millions due to export pipeline malfunctions and attacks on a key oil field.

Aug 10, 2016

Bomb attack hits Bai Hassan oil field

Far behind Kurdistan's front lines, a suspected IS sleeper cell bombed a wellhead and set IEDs along a pipeline, exploiting security gaps around Kirkuk energy infrastructure.

Aug 9, 2016

UPDATE: Power cuts in Basra over unpaid bills

Turkish company shuts down floating power stations in a second attempt to recoup $85 million in debts.