Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
From The Economist. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The World's Surprise Boomtown: Baghdad Iraq's population has grown by 20 million since America's invasion. Read the full article here (subscription needed).
By John Lee. The Iraqi Oil Exploration Company has completed the two-dimensional seismic survey programme at "Ziggurat-Uruk" in Muthanna and Diwaniyah provinces ahead of schedule. Director General Osama Raouf Hussein visited the Fourth Seismic Team on Thursday and praised the national workforce for completing the project 12 days earlier than planned, achieving 104% of the […]
From OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Turkey Tightens Grip on Iraq's Energy Lifelines Turkey halted 600 MW of electricity exports into northern Iraq last week after Baghdad fell behind on payments, leaving Nineveh and Mosul short at peak summer demand. […]
From the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and Turkey in the post-Suspension of the 1973 Oil Agreement The decision by Turkish President in mid-July 2025 to suspend the oil agreement signed between Iraq and […]
By John Lee. On Wednesday, Iraqi Prime Minister Mohammed Shia Al-Sudani sponsored the signing of two agreements and 24 Memoranda of Understanding (MoUs) with the Sultanate of Oman, in the presence of Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani Al-Sawad. The MoUs covered multiple fields, including energy and oil. They […]
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a network of shipping companies and vessels led by Iraqi-Kittitian businessman Waleed al-Samarra'i, accused of smuggling Iranian oil disguised as Iraqi-origin crude. According to the Treasury, the network covertly blended Iranian oil with Iraqi oil and […]
By John Lee. The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, has visited the Dora Oil Complex in Baghdad. He was received by Haitham Ibrahim, Director General of Midland Refineries Company, and Ali Abdul-Karim Al-Moussawi, Director General of Oil Pipelines Company. The minister inspected operations at the complex, which hosts […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for July. Total exports of crude oil: 104,750,788 barrels. Exports from the oil fields in central and southern Iraq amounted to 104,255,143 barrels. Exports from Qayyarah were 495,645 barrels. Average daily crude oil exports: approximately 3.379 million barrels per day. The total […]
By John Lee. Dragon Oil has signed a Memorandum of Understanding (MoU) with Sahool Al-Salam Oil Services, part of the Al-Amal Group of Iraq, aimed at boosting cooperation in the oil and gas sector. The agreement was signed in the presence of senior executives from both companies. The MoU covers technical and engineering services, procurement, […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Reviving Kirkuk-Baniyas Pipeline Could Earn Syria $200 Million Annually, Experts Warn of Security and Political Risks Reviving the Kirkuk-Baniyas pipeline could earn Syria $200 million annually in transit fees ... Iraq could export 150 […]
By John Lee. Iraqi Oil Minister Hayan Abdul-Ghani met with a Kuwaiti delegation this week to discuss the Memorandum of Understanding (MoU) on joint border oil fields between Iraq and Kuwait. The delegation was led by Khaled Walid Al-Daiyen, Assistant Undersecretary for Technical Affairs at the Ministry of Oil of Kuwait, along with other senior […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. U.S. Oil Powerhouse Chevron Is Back In Iraq, But Will It Be Different This Time? U.S. oil and gas supermajor Chevron signed an agreement in principle last week with Iraq's Oil […]
