Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
By John Lee. Chevron has held talks with Iraq's Prime Minister on expanding investment in southern oil fields, refining, pipeline infrastructure, and export routes. The meeting took place at Chevron's corporate headquarters and was attended by Iraq's ministers of oil and electricity, along with the Prime Minister's advisory council and the Iraqi ambassador to Washington. […]
By John Lee. Iraq's ministers of electricity and oil held a joint meeting in Washington with the US Deputy Secretary of Energy to discuss expanding power generation capacity and securing diversified fuel supplies. According to the Ministry of Electricity, the meeting brought together Minister Ali Saad Wahib, Minister of Oil Basim Muhammad Khudhair al-Abadi, and […]
By John Lee. Around IQD 25 billion ($19.1 million) in cash, $200,000, and four kilograms of gold jewellery have been seized as part of an ongoing investigation into Adnan al-Jamili, the Deputy Minister of Oil for Refinery Affairs, who is currently in detention. According to the Supreme Judicial Council (SJC), the investigating judge at the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Zaidi Courts US Investment amid Resistance from Iran-Backed Factions Iraqi Prime Minister Ali Al-Zaidi has held high-level meetings in Washington with President Donald Trump and other senior officials. The July 13 visit, […]
By John Lee. Iraqi Prime Minister Ali al-Zaidi met Jordan's Foreign Minister Ayman Safadi in Washington on Wednesday, on the sidelines of an official visit to the United States. According to the Prime Minister's Office, discussions covered bilateral relations and opportunities to strengthen economic and development cooperation. The two sides reviewed progress on the Basra-Aqaba […]
By John Lee. A seismic survey contract has been signed between the Iraq Oil Exploration Company and Zhenhua Oil (EBS Petroleum) for seismic survey work at the Abu Khema block in Muthanna province, covering the Annexe to Licensing Round Five and Licensing Round Six. The contract was signed on Wednesday in the presence of Minister […]
By John Lee. Iraqi Prime Minister Ali al-Zaidi met US President Donald Trump at the White House on Tuesday to discuss bilateral economic cooperation, opportunities for American companies in Iraqi development projects, and the future of the Iraq-US relationship following the conclusion of the US military coalition presence in the country. According to the Iraqi […]
By John Lee. Iraq's Minister of Oil, Basim Muhammad Khudhair al-Abadi, has met with a delegation from US oil major Chevron to discuss expanding cooperation and investment in the oil and gas sector. According to the Ministry of Oil, the talks covered opportunities to support the ministry's plans to increase production, develop infrastructure, and leverage […]
By John Lee. Iraqi Drilling Company (IDC) has completed drilling of directional well ZB-679 at the Zubair oil field, on behalf of the Zubair Field Operating Authority. The well was drilled using rig IDC-56 to a depth of 3,846 metres at an inclination angle of 20 degrees. Mohammed Hantoush Asad Al-Azirgawi, Director General of IDC, […]
From the Arab Center Washington DC. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq in the Wake of the Iran War: Governance, Security, and Economic Challenges The Arab Center Washington DC and the Center for Contemporary Arab Studies at Georgetown University organised a […]
By John Lee. Production at the Shaikan oil field in the Kurdistan Region of Iraq has ramped up to more than 43,000 barrels of oil per day (bopd) following a restart of production and export operations on 24 June 2026. Gulf Keystone Petroleum (GKP) said well activities are under way to bring additional production online […]
By John Lee. IQD 14 billion ($10.7 million) in cash has been seized during an investigation into Adnan al-Jumaili, the detained deputy minister of oil for refining affairs, and associates implicated in the same case. The funds were found hidden in a rainwater drainage pit. According to Iraq's Supreme Judicial Council (SJC), the seizure resulted […]
