ConocoPhillips to Acquire 42% Stake in Kirkuk from BP
By John Lee. ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited (BP ECKL) from BP, supporting the redevelopment of four producing oil fields in the Kirkuk area of northern Iraq. The agreement is expected to be signed during Prime Minister Ali al-Zaidi's official visit to Washington, D.C. BP […]
Chevron in Talks with Iraq over Southern Fields and Refining Investment
By John Lee. Chevron has held talks with Iraq's Prime Minister on expanding investment in southern oil fields, refining, pipeline infrastructure, and export routes. The meeting took place at Chevron's corporate headquarters and was attended by Iraq's ministers of oil and electricity, along with the Prime Minister's advisory council and the Iraqi ambassador to Washington. […]
Iraq-US Talks on Power Output and Fuel Diversification
By John Lee. Iraq's ministers of electricity and oil held a joint meeting in Washington with the US Deputy Secretary of Energy to discuss expanding power generation capacity and securing diversified fuel supplies. According to the Ministry of Electricity, the meeting brought together Minister Ali Saad Wahib, Minister of Oil Basim Muhammad Khudhair al-Abadi, and […]
$916m CBI Initiative Targets Education and Veterinary Medicine
By John Lee. The Central Bank of Iraq (CBI) has reportedly launched a lending initiative worth IQD 1.2 trillion (USD 916 million) to support education and veterinary medicine, and to strengthen liquidity in the banking sector. According to the state-run Iraqi News Agency (INA), the initiative is based on Central Bank Law No. 56 of […]
Iraqi-Jordanian Aviation Talks in Baghdad
By John Lee. Iraq and Jordan are in discussions to increase the number of flights between the two countries and to open a Royal Jordanian Airlines office in Baghdad, reciprocating the existing Iraqi Airways office in Amman. The two sides also discussed ways to strengthen cooperation in road transport. The talks took place when Jordan's […]
Cash and Gold Seized in Iraq Oil Ministry Corruption Probe
By John Lee. Around IQD 25 billion ($19.1 million) in cash, $200,000, and four kilograms of gold jewellery have been seized as part of an ongoing investigation into Adnan al-Jamili, the Deputy Minister of Oil for Refinery Affairs, who is currently in detention. According to the Supreme Judicial Council (SJC), the investigating judge at the […]
Thales in Talks with Iraq's Interior Ministry
By John Lee. France's Thales has held talks with Iraq's Ministry of Interior on developing forensic systems and technology. A delegation from the company met with senior ministry officials, including the directors general of forensics and movements, forensic evidence, and criminal registration. According to the Ministry of Interior, the meeting covered ways to develop technical […]
Iraq's Zaidi Courts US Investment amid Resistance from Iran-Backed Factions
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Zaidi Courts US Investment amid Resistance from Iran-Backed Factions Iraqi Prime Minister Ali Al-Zaidi has held high-level meetings in Washington with President Donald Trump and other senior officials. The July 13 visit, […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 16th July 2026. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,781.1 -0.25% 8.78% USD-RSISX 2,734.6 -0.25% 8.78% […]
Iraq-Jordan Talks on Oil Pipeline and Electricity Link
By John Lee. Iraqi Prime Minister Ali al-Zaidi met Jordan's Foreign Minister Ayman Safadi in Washington on Wednesday, on the sidelines of an official visit to the United States. According to the Prime Minister's Office, discussions covered bilateral relations and opportunities to strengthen economic and development cooperation. The two sides reviewed progress on the Basra-Aqaba […]
DFC Eyes Iraqi Market with Investment Finance Package
By John Lee. Meetings between Iraqi Prime Minister Ali al-Zaidi and US International Development Finance Corporation (DFC) chief Ben Black took place in Washington on Wednesday. The discussions covered opportunities for cooperation in infrastructure reconstruction, project finance, and development planning across energy, transport, agriculture, the digital economy, and services sectors, according to the Prime Minister's […]
Seismic Survey Contract signed for Abu Khema Block
By John Lee. A seismic survey contract has been signed between the Iraq Oil Exploration Company and Zhenhua Oil (EBS Petroleum) for seismic survey work at the Abu Khema block in Muthanna province, covering the Annexe to Licensing Round Five and Licensing Round Six. The contract was signed on Wednesday in the presence of Minister […]