INOC to Negotiate with Chevron to Develop Dhi Qar Oil Fields

By John Lee. The Iraqi Cabinet has authorised the Iraqi National Oil Company (INOC) to negotiate directly with US oil company Chevron to develop four oil fields in Dhi Qar Governorate. According to a statement from the Ministry of Oil, the fields constitute the Nasiriyah block, which has a target output of 600,000 barrels of […]

IBBC Dubai Autumn Conference fields Top Speakers in All Sectors

As a measure of confidence in the global and Iraqi economy, the Iraq Britain Business Council (IBBC) is seeing a marked upswing in quality and quantity of speakers at the Autumn Conference at the Address hotel, Dubai 22nd November. The topic, in line with COP26 and the new energy horizon, is one of sustainability. Not […]

US "using Saudi Arabia to Expand its Influence In Iraq"

Writing in Oil Price, Simon Watkins says that without a new nuclear deal with the United States, Iran's ability to influence Iraq is severely limited by its lack of dollars. With a new nuclear deal though, Iran would resume its ability to influence Iraq. Click here to read the full article.

PM Assassination Attempt: Fear of Return to Chaos

By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Assassination attempt against Iraqi PM sparks fear of 'return to chaos' A drone attack on the residence of the Iraqi prime minister has raised the specter of continuing violence […]

Iraq's Ailing Political System Lurches On

By Patrick Osgood, for Control Risks. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Elections deliver shocks, but the antiquated, ailing political system lurches on On 10 October, Iraqis voted in federal parliamentary elections for the sixth time since the US-led invasion […]

KAI wins $360m Contract with Iraqi Air Force

By John Lee. Korea Aerospace Industries (KAI) has announced a contract worth $360 million from the Iraqi Air Force. Under the deal, KAI will provide logistics support, education and training for the T-50IQ aircraft over a three-year period, starting January 2022. The T-50IQ Fighting Eagle light fighter and trainer aircraft is the Iraqi Air Force […]

Enhancing Services to Women and Girls in Anbar

UNFPA, Anbar Governorate Sign Framework to Enhance Services to Women and Girls UNFPA Representative to Iraq, Dr Rita Columbia, and the Governor of Anbar, Mr Ali Farhan Al-Dulaimi, signed a Joint Cooperation Framework on Sunday to increase access to services responding to gender-based violence and protecting women and girls in Anbar. The agreement will be […]

Boss of Iran's Quds Force "backs Kadhimi"

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Quds Force cmdr backs Kadhimi, warns Iraqi allies Less than 24 hours after the targeting of Iraq's Prime Minister Mustafa Al-Kadhimi in an "assassination attempt," the commander of Iran's Quds Force […]

Iraqi Market Review: "Continued Momentum"

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market, as measured by the Rabee Securities RSISX USD Index, was up 2.4%, and 25.7% for the year. While 10 months do not make a year, […]

Iraq Cuts its Basra Light Crude Oil Blend

By Gerald Jansen, for Oil Price. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Cuts Its Once-Popular Basrah Light Crude Oil Blend When Iraq introduced Basrah Medium into its portfolio of crude grades, it was believed that a stricter delineation of qualities […]