Iraq’s investor outlook worsens
The investment environment in Iraq is being affected by continued turmoil in domestic politics and the country’s battle with Covid-19
The resignation of Iraqi prime minister designate Mohammed Tawfiq Allawi at the start of this month following his failure to form an administration shows the fractured state of politics in Iraq and leaves the country without a complete government. New elections will be needed, and former prime minister Adil Abdul Mahdi has suggested they could be held towards the end of this year. This would entail the current government continuing without a prime minister until then. Investment delay No prime minister also means no permanent oil minister, which could prevent Iraq from passing legislation required for investment decisions on key projects. “Security and coronavirus will continue to be a big
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
