Production Halted at Three Kurdistan Oil Fields
By John Lee. Gulf Keystone Petroleum (GKP) has announced the temporary shut-in of production operations at the Shaikan field in the Kurdistan Region of Iraq, citing the developing regional security environment. The company said it has taken measures to protect staff and confirmed that its assets have not been impacted. Shares in GKP closed down […]
OPEC+ Agrees to Increase Oil Production
By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook. The group agreed to modestly increase oil production starting April 2026, adding 206,000 barrels per day, as part of a gradual unwinding of earlier voluntary output cuts, citing stable economic conditions […]
Top 10 Dinar Articles from February
The following were the ten most read dinar-related articles on Iraq Business News for the month of February: Iraqi Dinar Speculation "Misplaced" -- CBI Boss Iraqi Dinar Falls Against Dollar 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Central Bank Advances Iraqi Banking Reform, Eases Foreign Transactions The Iraqi Dinar Revaluation Deception: 10 Persistent […]
Drone Shot Down Near Mosul Dam
By John Lee. Iraqi security forces have shot down a locally manufactured drone that was flying near Mosul Dam at 20:00 on Monday. According to a statement from the Joint Operations Command, the drone was intercepted and brought down without reported damage to the site. The command said security units continue to implement measures to […]
Operation Epic Fury: "Iraq Braces for Escalation"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq braces for escalation amid fears of fallout from Iran-Israel-US war The continued region-wide confrontation has put Iraq on a knife's edge, driving fears that the country could be dragged further into the […]
Iraqi Airspace to Remain Closed Until Wednesday Noon
By John Lee. Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Wednesday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional developments […]
Jiyad: Preliminary Assessment of Chevron Agreements
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Preliminary Assessment of MoO-Chevron Agreements On February 23, 2026, the Ministry of Oil (MoO) website published a very brief statement indicating the signing of bilateral and trilateral settlement and framework agreements with […]
Zawraa to Supply 85,000 Water Filters to Midland Refineries
By John Lee. Al-Zawraa General Company, one of the companies under the Ministry of Industry and Minerals, has signed a contract with Midland Refineries Company (MRC), part of the Ministry of Oil, to supply 85,000 water filters. Director General Eng. Muhannad Jabbar Al-Khazraji said the contract forms part of the company's strategy to support the […]
Mitsubishi Research Institute to support Climate Action in Iraq
By John Lee. Japan's Mitsubishi Research Institute, Inc. has won a contract with the United Nations Development Programme (UNDP) for "Strengthening Conflict Sensitive Peace Positive Climate Action in Southern & Euphrates Region of Iraq" - reference 10498099. Contract value is stated as $70,000. (Source: UNGM)
Eemar Sinjar Wins Water Supply Contract
By John Lee. Eemar Sinjar Company for General Contracts Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "Rehabilitation of two drinking water supply stations in Iraq." Reference: ITB/2025/60606. The contract value was stated as $460,916. (Source: UNGM)
UNHCR IRAQ Monthly Update January 2026
From UNHCR: UNHCR IRAQ Monthly Update January 2026 As of the end of January 2026, Iraq generously hosts over 350,110 refugees and asylum-seekers, the majority (88%) of whom are Syrians. Close to 81% of this population resides in the Kurdistan Region of Iraq. While most refugees and asylum-seekers live in urban and peri-urban settings, 26 […]
PeaceRep Iraq Hosts Final Conference: Reframing Iraq
From PeaceRep. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. PeaceRep Iraq Hosts Final Conference: Reframing Iraq On 14 February 2026, the London School of Economics (LSE) hosted the PeaceRep Iraq Final Conference, "Reframing Iraq: Power, Politics, and Paths to Inclusion," marking the conclusion […]