Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Petroleum Sector Chronicle - Convergence of Challenges and Existential Threats Preface, Introduction and Executive Summary My new book, Iraq Petroleum Sector Chronicle-Volume 5, covers the dramatic 2014, year of converging challenges […]
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's oil minister said his ministry has inked good agreements with neighboring Iraq in the field of exporting gas, collecting associated (flare) gas and also exporting technical-engineering services in […]
By Noor Kareem, for the Foreign Policy Research Institute (FPRI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Empowering Iraq: The $27 Billion Deal for Iraq's Energy Sufficiency This past July, Iraq and France's TotalEnergies finalized the Gas Growth Integrated Project, a $27 […]
By John Lee. The Kirkuk-Ceyhan oil pipeline, which is also the main route for oil exports from Iraqi Kurdistan, will reportedly soon be ready to resume operations. Various media sources quote the Turkish Energy Minister, Alparslan Bayraktar (pictured), as saying that earthquake-damage assessments are nearing completion. Shares in Gulf Keystone Petroleum (GKP) closed the day […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th September 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,341.8 1.6% 47.4% RSISX USD Index 1,319.4 […]
By John Lee. On Wednesday, Oil Minister Hayan Abdul Ghani received a delegation from the French company TotalEnergies. The delegation included Mr. Laurent Vivier, the Regional Director for the Middle East and North Africa; Mr. Julien Pouget, the Middle East Director for Exploration and Renewable Energy; and Ms. Dunia Al-Jalbi, the Director of TotalEnergies' Iraq […]
By John Lee. Iraq's Deputy Minister of Oil for Gas has emphasized the importance of expediting the implementation of the Nebras [Nibras] Petrochemical Project. During a meeting held at the Ministry of Oil's headquarters, discussions revolved around reviewing the preliminary report by a global consultant regarding the project's components, economic feasibility study, and the necessary […]
By John Lee. ADNOC Logistics and Services plc (ADNOC L&S), has taken delivery of eight self-propelled jack-up barges (JUBs) through its subsidiary Zakher Marine International (ZMI) Holdings. In a statement to the markets on Monday, it said that one of the barges will serve the Iraqi market, "marking ADNOC L&S' entry into a new market […]
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. Turkey seeks $950m damages against Iraq over KRG oil dispute Turkish interest calculations suggest Baghdad has to pay $950m to Ankara in ICC award that initially ruled $1.4bn […]
By John Lee. During the opening of the first Iraq Oil Projects Exhibition and Licensing Rounds Conference in Baghdad at the weekend, the Minister of Oil reiterated his claim to have increased Iraq's oil and gas reserves by adding 6 billion barrels of crude oil and 32 billion standard cubic feet of gas. (Oil reserves […]
DNO ASA, the Norwegian oil and gas operator, has announced that Christopher Spencer has been appointed Managing Director of the Company as Bjørn Dale steps down as part of a planned management transition initiated last year. Mr. Spencer has been DNO's Chief Operating Officer since 2021. Before joining DNO six years ago, he served as […]
By John Lee. Iraq's Prime Minister, Mr. Mohammed Shiaa Al-Sudani, officially opened a Glass Reinforced Plastic (GRP) pipe manufacturing plant in Basra during his visit to the province recently. The Prime Minister emphasized that the Al-Narges [Narjis] Pipe Factory, with its modern machinery, inspection equipment, raw materials, and associated technologies, is the first of its […]
