Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
By John Lee. Iraq's North Refineries Company (NRC) has added to its existing Tadano fleet with the delivery of three new Tadano GR-300EX-3 model cranes. NRC is based in Baji, a city of 175,000 in northern Iraq's Salahaddin Province, about 210km north of Baghdad. Founded in 1978, NRC's refinery endured significant turmoil during the Gulf […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's New Prime Minister Doubles Down On Oil & Gas Deals With China And Russia It is possible that U.S. Secretary of State, Antony Blinken, believed for a moment that […]
By Ahmed Tabaqchali, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kurdistan positioned in prominent role in global gas markets A new report, The Kurdistan Region of Iraq's Gas-Export Potential: Deja Vu All Over Again, authored by Atlantic Council […]
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 - Research and Publishing Project Iraq Petroleum Sector Chronicle-IPSC is my major research and publishing project, which I intend to accomplish as fast as I could. This note […]
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq expands refining capacity to reduce oil product imports Many of the refineries in Iraq are outdated and operate below capacity. Click here to read the full article.
By John Lee. The CEO of Iran's National Gas Company has announced that negotiations have started regarding the continuation of gas supply to Iraq. According to Shana's report, quoting Majid Chegani, as saying that the first export contract to Baghdad will expire next year, and that the Iraqi side is applying for the extension of […]
Iraq stands up for the environment at COP 27, UN climate change conference More than 200 Iraqis representing government, youth and civil society are participating in COP27, the 27th annual United Nations Conference on Climate Change, organized by the United Nations in Sharm El-Sheikh, Egypt. Climate change is a reality in Iraq, and a priority for […]
Secretary of State Antony J. Blinken (pictured) spoke [on Thursday] with Iraqi Prime Minister Mohammed Shia al-Sudani to congratulate him on the October 27 formation of an Iraqi government. The Secretary conveyed that the United States is eager to work with the government and people of Iraq to improve respect for human rights, increase economic […]
By Basima Abdulrahman, Rania Baker and Ahmed Tabaqchali, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Economic Review: KRG's Financial Conundrum | Iraq's Real Estate Boom […]
Shares in Genel Energy were trading as much as 6 percent higher this morning following a trading and operations update in respect of the third quarter and first nine months of 2022. Paul Weir (pictured), Chief Executive of Genel, said: "I am pleased that we remain on track to generate around $250 million of free […]
DNO ASA, the Norwegian oil and gas operator, today reported third quarter operating profit of USD 191 million on revenues of USD 339 million driven by strong production at the flagship Kurdistan Tawke license and continued high oil and gas prices. In Kurdistan, gross operated production totaled 109,100 barrels of oil per day (bopd) in […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for October of 104,831,120 barrels, giving an average for the month of 3.382 million barrels per day (bpd), up from the 3.292 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 102,070,427 barrels, while […]
