Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
By Farhad Alaaldin for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A visit by a US delegation to Iraq next week is a chance to deepen ties with Baghdad With the accelerating pace of Iraq's economic revival and comprehensive development […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran, Iraq trade accusations as US naval forces stop 'Iranian tankers' In a rare intervention, Iraq's oil minister has accused Iran of using forged Iraqi documentation for tankers intercepted by US forces. Tehran […]
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. Can Iraq's Gas Projects Survive Trump's Iran Crackdown? With US waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas fields.. Click here to […]
By John Lee. Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Full statement from Dana Gas Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, together with their partners in the […]
By John Lee. DNO has issued its Annual Report for 2024. Click here to download the full report. To browse our comprehensive library of reports on Iraq, click here. (Source: DNO)
By John Lee. Gulf Keystone Petroleum (GKP) has issued its Annual Report and Accounts for 2024. Click here to download the full report. To browse our comprehensive library of reports on Iraq, click here. (Source: GKP)
By John Lee. Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency […]
By John Lee. The China Huanqiu Contracting & Engineering Company (HQC), a subsidiary of the China National Petroleum Corporation (CNPC), has reportedly signed a Project Management Consultancy (PMC) contract for the West Qurna-1 oilfield. According to sina.com.cn, this is CNPC's largest overseas service contract since 2020. In January 2024, PetroChina, also a subsidiary of CNPC, […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Rebalancing IOCs Positioning in the Upstream Petroleum Sector in Iraq The Ministry of Oil (MoO) recently concluded an agreement with BP covering four main oilfields in Kirkuk, following an earlier contract with […]
By John Lee. The London School of Economics (LSE)'s Middle East Centre has hosted a talk by Ahmed Tabaqchali, exploring the economic and financial interactions of the Iraqi economy with the outside world, particularly the use of the dollar in relation to Iran and the US. While the US' Iraq policy is still fluid, there […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has announced that Iraq's refining capacity will soon reach 1,542,000 barrels per day (bpd) following the expansion of key refineries. During a visit to Maysan province, the Prime Minister inaugurated the Maysan [Missan] Refinery Development Project, which will increase its capacity from 40,000 to 110,000 bpd. He […]
By John Lee. The Iraqi Oil Tanker Company (IOTC) has confirmed that the oil tanker 'Akkad' was involved in a collision at Berth 9 in Umm Qasr Port on 29th March 2025, with no reported injuries. Following the incident, Minister of Oil Hayan Abdul Ghani directed the formation of a technical investigation committee to determine […]
