Author Archive | Editor

300MW Power Station opened near Erbil

By John Lee. A new 300-megawatt steam power plant has been recently opened in Khabat, on the outskirts of Erbil. The plant, built in partnership with South Korean companies POSCO and the Korean National Oil Company (KNOC), adds 10 percent to the region's electricity capacity. Speaking at the opening ceremony, KRG Prime Minister Masrour Barzani […]

Beirut Explosion: Iraq sends Aid to Lebanon

By John Lee. On Wednesday evening, the Lebanese Prime Minister Hassan Diab received an Iraqi delegation headed by Oil Minister Ihsan Abdul-Jabbar, representing Iraqi Prime Minister Mustafa Al-Kadhimi, and which included Deputy Health Minister Hani Al-Aqabi, Chargé D'affaires, Amin Al-Nasrawi, Political Advisor Ahmad Jamal and Oil Minister's Office Head Haidar Obaid, in the presence of […]

Genel Energy Shares Fall on Asset Impairment

By John Lee. Shares in Genel Energy were trading down 4.5 percent on Thursday morning after the company announced its unaudited results for the six months ended 30 June 2020. Bill Higgs, Chief Executive of Genel, said: "Genel's robust business model, which is designed to provide resilience in a challenging environment, has demonstrated its value […]

Issam Al-Chalabi's 50 Years in the World of Oil

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A number of Iraq's oil professionals and technocrats have authored books documenting their own experience during the period of their time in the Iraqi petroleum sector. In addition to providing invaluable first-person […]

"OPEC Plus" Agreement: Iraq cuts Oil Exports again

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for July of 85,663,290 barrels, giving an average for the month of 2.763 million barrels per day (bpd), down from the 2.816 million bpd exported in June. These exports from the oilfields in central and southern Iraq amounted to 82,700,381 barrels, while exports […]

Serious Housing Crisis Creeps up on Iraq

By Ali Abdulhadi al-Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a difficult housing crisis due to oil prices dropping amid the coronavirus pandemic. Click here to read the full story.

Iraqi Doctors under Siege as they battle COVID-19

By Azhar Al-Ruabie for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi doctors under siege as they battle surge in COVID-19 cases Doctors complain that they have been suffering violence and abuse from some families who blame medical personnel for […]