SCOP Completes Gas Pipeline Crossing Under Tigris River

By John Lee. The State Company for Oil Projects (SCOP) has completed a major horizontal directional drilling (HDD) operation to lay a 42-inch gas pipeline beneath the Tigris River in the Sayafiyah area, as part of the Mahmudiya-Bismayah project. The crossing spans 600 metres in length and reaches a depth of 22 metres, making it the […]

Iraq Launches Water Initiative to Safeguard Tigris and Euphrates

By John Lee. Prime Minister Mohammed Shia Al-Sudani has launched the Regional Initiative to Protect the Tigris and Euphrates Rivers under the slogan "Our Water... Our Future," during the Fifth Baghdad International Water Conference, held under the theme "Water and Technology: A Partnership for Development." The initiative represents a strategic regional platform to preserve the […]

Iraq's Oil Ministry Outlines Roadmap for Carbon Emissions Reduction

By John Lee. The Iraqi Ministry of Oil has presented a strategic roadmap to reduce carbon emissions in the oil sector, structured around three core pillars: reducing flared gas, utilising gas and cutting methane emissions, and electrifying oil production operations to lower the carbon footprint. The plan was outlined by Abdulbaqi Khalaf, Energy Advisor to […]

Will Provincial Crises come to haunt Alliances in Baghdad?

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Will provincial crises come to haunt alliances in Baghdad? Across Iraq, governorate-level politics are broadly in a shambolic state. After being pushed back in 2019 amid anti-corruption protests, the 2023 provincial […]

Iraq signs HOA with KBR, Dragon Oil, and Al Hurra

By John Lee. Dhi Qar Oil Company (DQOC) has signed a Heads of Agreement (HOA) with a consortium comprising KBR (USA), Dragon Oil (UAE), and Al Hurra International to develop the Abu Amoud and Saba [Subba] oilfields in Dhi Qar Governorate. The project will be undertaken as an integrated investment venture. The signing ceremony took […]

Iraq PM announces "Reconstruction and Development Coalition"

By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq PM Al Sudani to run in elections with new alliance His sight set on a second term in office, Iraqi Prime Minister Mohammed Shia Al Sudani has unveiled […]

Nobel Energy and Iraq Sign MoU on Climate Cooperation

By John Lee. UK-based Nobel Energy has signed a Memorandum of Understanding (MoU) with Iraq's General Company for Carbon Economics, affiliated with Iraq's Ministry of Environment, to enhance cooperation on climate action, environmental initiatives, and sustainable development. The agreement was formalised during the First International Conference on Carbon Economics in Baghdad, marking a strategic collaboration aimed […]

Kulak Solar Village to Pioneer Off-Grid Renewable Living

By John Lee. Rwanga Foundation has unveiled plans for the Kulak Solar Village, Iraq's first fully off-grid, solar-powered community. Located southeast of Erbil, the pilot village will include 32 homes and house nearly 200 residents, serving as a model for rural climate resilience and energy self-sufficiency in one of the world's most climate-vulnerable regions. Entirely […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 22nd May 2025. 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 2,267.2 -0.1% 0.8% RSISX USD Index […]