By John Lee. Iraq's oil ministry spokesman, Assem Jihad, said the country exported 81.3 million barrels of oil in October -- an average of about 2.62 million bpd -- compared with about 2.6 million bpd in September. At an average price of $105.51 per barrel, revenues hit $8.578 billion, up from $8.4 billion the previous […]
By John Lee. Work at Iraq's largest power plan at Zubaidiyat [Zubaidiya] is reported to be progressing, with the first two units of 330 megawatts each scheduled for completion in early 2013. New units of 330 MW each will then be commissioned every four months until the plant reaches its planned total capacity of 2540 […]
By Abdul-Khaleq Dosky. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. or years the village of Bava has gone without electricity. But now a local handicapped man has built a water generator in a nearby river and […]
By John Lee. A spokesperson for Iraq's Electricity Ministry, Musaib al-Mudarisi, says the newly constructed power plant in Babel is now fully operational, adding 250 megawatts of power to the national grid. The plant comprises two generating units, each with 125 megawatts, and has already been linked to the national grid. The plant was inaugurated by […]
