BAGHDAD — Over the past four decades, Iraq’s oil production has traced the path of a roller coaster, propelled upward by geysers of crude and dragged downward by the weight of war and sanctions. In the aftermath of the 2003 U.S.-led invasion, Iraqi output has failed to achieve the heights it reached under Saddam Hussein — until now. Read full article > >

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Iraq oil industry experiences new boom

US oil giant Exxon Mobil loses its crown as the world’s biggest listed producer of oil to PetroChina, figures suggest.

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Exxon loses crown to PetroChina

The government in Baghdad considers Exxon’s deal illegal until long-awaited rules can be worked out to split revenues among Iraq’s fractious regions.

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Iraq Criticizes Exxon Mobil for Its Deal With the Kurds

Apple becomes the most valuable company in the US, with its market capitalisation overtaking that of Exxon Mobil.

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Apple ousts Exxon in US rich list

On one level, the BP oil disaster was the product of a defective blowout preventer. But on another, it was 20 years in the making. It all started in the wake of the Exxon-Valdez spill in 1989 when Shell announced it had struck oil in the Gulf of…

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The 20-Year Gulf Oil Rush