Halliburton and HKN win Cabinet approval to develop two oil fields, as Baghdad signals momentum to push bigger American investments forward.
Stopgap deal aims to avert northern export shutdown
Baghdad and Ankara are pursuing a temporary deal to keep Iraq's only secondary oil export route operating past the July 27 expiration of the Iraq-Turkey Pipeline treaty.
Turkish Energy Minsiter Alparslan Bayraktar (center) hosts a meeting of senior Iraqi and Turkish energy officials to discuss the Iraq-Turkey Pipeline in July 2026. (Photo credit: Iraqi Foreign Ministry)