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Posted on December 4, 2025

How an Oil Pipeline Battle Shows the US Gaining Sway in Iraq

Fired by an Iranian-backed militia group within Iraq, likely in retaliation for U.S. strikes on Iran’s nuclear sites weeks earlier, one struck the Sarsang field operated by HKN Energy, a company owned …
Posted on December 3, 2025

Turkey cuts Russian Urals oil imports in November, diversifies with Kazakh, Iraqi supply

Turkey sharply reduced its imports of Russia’s flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western sanctions on Russian energy suppliers tightened and …
Posted on December 3, 2025

Exclusive-Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field – sources

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil’s majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct …
Posted on December 2, 2025

Exclusive: Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oilfield, sources say

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil’s majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct …
Posted on December 2, 2025

Iraq Stock Exchange’s weekly transactions hit $6.6 million

The Iraq Stock Exchange (ISX) revealed on Tuesday that trading volume during the previous week surpassed $6.6 million.
Posted on December 2, 2025

Iraq: UN mission ends, with pledge of continued support

The recent successful parliamentary elections in Iraq mark a fitting end to the work of the UN Mission in the country, the Security Council heard on Tuesday.
Posted on December 2, 2025

Exxon Eyes Lukoil’s Huge Iraqi Oilfield as U.S. Sanctions Forces Sales

U.S. sanctions on Lukoil have triggered the sale of its international assets, including its 75% stake in Iraq’s massive West Qurna 2 oilfield, which has drawn interest from buyers like ExxonMobil, …
Posted on December 2, 2025

Egypt’s TMG invests over $5bln in two Oman real estate projects

The company plans to deliver a new urban experience to over 1.5mln people outside Egypt between 2025 and 2030, with operations targeting Oman, Iraq, and Saudi Arabia …

( read original story …)



Posted on December 2, 2025

Iraq Invites US Oil Firms to compete for West Qurna-2

By John Lee. Iraq’s Ministry of Oil has issued exclusive invitations to several major US oil companies to submit bids for taking over the operatorship of the West Qurna-2 field. The Ministry said it …
Posted on December 2, 2025

Iraq’s Housing Ministry enforces strict environmental standards for new residential cities

The Iraqi Ministry of Construction enforces strict environmental standards for new residential cities, requiring renewable energy systems, green spaces, and sustainable infrastructure.

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