Author Archive | Editor

Are US Financial Restrictions on Iraq Missing their Target?

By Hayder Al-Shakeri for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Are new US financial restrictions on Iraq missing their target? The latest restrictions are a symptom of increased US-Iran tensions. But as Iraq's elite find ways around them, ordinary Iraqis […]

Profile: Iraq's Communications and Media Commission (CMC)

By Hamdi Malik and Michael Knights for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Profile: Communications and Media Commission After falling under the control of "resistance"-linked board members, this key Iraqi media institution began a widespread […]

Iraq 2nd Worst in World for Gas Flaring

By John Lee. The World Bank's latest Global Gas Flaring Tracker Report, a leading global and independent indicator of gas flaring, finds that global gas flaring decreased by three percent to 139 bcm in 2022 from 144 bcm in 2021 Consistent with previous years, flaring during 2022 was dominated by a relatively small number of […]

Water, Oil and Iraq's Climate Future

By Zeinab Shuker for the Middle East Research and Information Project (MERIP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Water, Oil and Iraq's Climate Future Iraq's ecological devastation was set in motion years before the 2003 invasion. Click here to download the full […]

Life in Kurdistan: A Tale of Two Wars?

By Jay Loschky for Gallup. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Life in Kurdistan: A Tale of Two Wars? For the roughly 5 million people living in Iraqi Kurdistan, the 2003 U.S.-led invasion played out considerably differently than it did in Iraq's […]

Update on Shaikan Oil Production

Gulf Keystone Petroleum (GKP) is providing an update on its announcement dated 27 March 2023 regarding the shut-in of the Iraq-Turkey pipeline on 25 March 2023 and suspension of exports. GKP announces that it expects to shut-in production processed at Production Facility 1 ("PF-1") today [Friday], while production flowing into Production Facility 2 ("PF-2") will […]

Production Starts at Akkas Gas Field

By John Lee. Gas operations have begun at the Akkas gas field in Anbar governorate. A statement from the Ministry of Oil said production of 60 million standard cubic feet per day (MMSCFD) is being used to produce 90-95 megawatts of electricity. The State Company for Oil Projects (SCOP) built a 30-kilometer pipeline (pictured) to […]

Al-Sudani meets with IMF Resident Representative

Prime Minister Mr. Mohammed S. Al-Sudani, met on Thursday with the International Monetary Fund (IMF) Resident Representative, Mr. Gazi Shbaikat. ‏During the meeting, they discussed Iraq's relationship with the IMF and the cooperation in supporting financial policies and plans to achieve stability in the Iraqi economy. ‏They highlighted the importance of the financial and administrative […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th March 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return       RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 957.6 -0.7% 5.2% RSISX USD Index 941.6 […]

'Hollow victory' for Iraq in Oil Arbitration Case

By Ragip Soylu for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 'Hollow victory': Iraq is not really a winner in the Turkey oil arbitration case Ankara is likely to pay only a few hundred million dollars to Iraq, which […]

Iraq-Morocco Rapprochement could release Frozen Assets

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Morocco rapprochement could release frozen assets, address IS members In a sign of warming ties, Moroccan Foreign Minister Nasser Bourita traveled to Baghdad early this year to reopen his country's embassy. Amid the […]