'Hollow victory' for Iraq in Oil Arbitration Case
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. 'Hollow victory': Iraq is not really a winner in the Turkey oil arbitration case Ankara is likely to pay only a few hundred million dollars to Iraq, which […]
Iraq-Morocco Rapprochement could release Frozen Assets
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Morocco rapprochement could release frozen assets, address IS members In a sign of warming ties, Moroccan Foreign Minister Nasser Bourita traveled to Baghdad early this year to reopen his country's embassy. Amid the […]
Deep Dive: Iraq, Turkey to Boost Economic Ties
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: Iraq, Turkey to boost economic ties, freeze political differences Iraqi Prime Minister Muhammad Shia' Al-Sudani has paid his first official visit to Turkey since taking office last October, holding important talks with […]
The Timid but Ambitious Iraqi Start-Up Scene
By Timothy Motte, for The Realistic Optimist. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The timid but ambitious Iraqi startup scene Battered by decades of conflict and pervasive reliance on oil, Iraqi founders are trying to break the status quo. Click here to […]
Genel Energy outlines Payments to Govts for 2022
By John Lee. Genel Energy has just published details of its payments to governments for the year 2022: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2022 as required under the Disclosure […]
Iraq War's Intelligence Failures "Still Misunderstood"
By Samuel Helfont for War on the Rocks. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraq War's Intelligence Failures Are Still Misunderstood Did the Bush administration actually believe that Saddam Hussein was a threat that had to be eliminated with military force, […]
Turkiye claims Baghdad must Compensate Ankara in Oil Dispute
By John Lee. Following the suspension of oil exports from Iraq via pipeline to the Turkish port of Ceyhan, a statement from the Turkish Ministry of Energy claims that the court ordered Iraq to pay compensation to Turkey. This appears to contradict previous reports which said that Turkiye was ordered to pay around $1.5 billion […]
Oil Prices Climb as Iraq's Dispute with Kurdistan Escalates
By Charles Kennedy for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil Prices Climb As Iraq's Dispute With Kurdistan Escalates An oil dispute between the Iraqi government and the semi-autonomous Kurdistan region that also involves Turkey has escalated this week, pushing […]
DNO Starts Shutdown of its Kurdistan Oil Fields
DNO ASA, the Norwegian oil and gas operator, today announced that it has started an orderly shutdown of its operated oil fields in the Kurdistan region of Iraq four days after it was instructed to temporarily cease deliveries to the Iraq-Turkey Pipeline destined for the Mediterranean port of Ceyhan following an arbitration ruling in favor […]
Iraqi Kurdistan "Faces End of an Era"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces end of era as independent oil exports under threat Iraq's oil export dynamics are facing a major potential shift. An arbitration ruling by the International Chamber of Commerce (ICC) has […]
Turkish Company to build New Cement Plant in Nineveh
By John Lee. The Iraqi General Cement Company has signed a partnership contract with the Turkish Zodiac company to establish a new cement production plant in Hammam Al-Alil Complex in Nineveh Governorate. The plant will use modern technology and dry gas fuel to produce cement and have a contract capacity of 1.8 million tons annually. […]
Iraq First Country in ME to join UN Water Convention
By John Lee. Iraq has become the first country in the Middle East to join the Convention on the Protection and Use of Transboundary Watercourses and International Lakes (known as the UN Water Convention), which aims to promote cooperation across borders for the sustainable use of transboundary water resources. 19 of the 22 Arab countries […]