Chevron Discusses Oil Investment Opportunities in Iraq
By John Lee. Opportunities to expand investment in Iraq's oil and energy sectors were discussed during talks between the government and US energy giant Chevron, focusing on increasing production returns and expanding refining capacity. The discussions covered the company's current activities and potential areas of cooperation, as well as ways to improve the investment environment […]
Iraqi Drilling Company Completes 237 Wells in 2025
By John Lee. The Iraqi Drilling Company (IDC) completed drilling and rehabilitation work on 237 oil wells during 2025, supporting production programmes across oilfields from northern to southern Iraq. The achievements included the drilling of 62 new oil wells and the rehabilitation of 175 existing wells, carried out in line with approved technical programmes and […]
OPEC+ Maintains Oil Production Policy for Early 2026
By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook, as the group confirmed it will maintain its current production policy during early 2026. Full statement from OPEC: Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to […]
Najaf Refinery to Expand to 100,000 bpd
By John Lee. Plans have reportedly been approved to expand the Najaf refinery's production capacity to 100,000 barrels per day, alongside the development of several oilfields in the province. The governor of Najaf, Yousif Kinawi, told the state-run Iraqi News Agency (INA) that the refinery's current capacity stands at around 30,000 barrels per day. Implementation […]
Tabaqchali: What Next After Gangbuster Three-Year Rally?
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. "What next after a gangbuster three-year rally???" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 13.7% for the […]
Baghdad Metro Project Under Review
By John Lee. The Baghdad Metro project remains under review following an assessment of current proposals, which were found not to meet the requirements necessary to proceed with a project of this scale. A fourth report on the project, prepared by the Iraq Development Fund in cooperation with international institutions and companies with metro experience […]
AHK Iraq Report: Agriculture in Kurdistan 2025/2026
From the German Liaison Office for Commerce & Industry in Iraq (AHK Iraq). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. AHK Iraq Report: Agriculture in Kurdistan 2025/2026 Agriculture and livestock remain pillars of economic and food security in the Kurdistan Region. With fertile […]
Field Operations Centre Launched at Naft Khana Oilfield
By John Lee. Construction has begun on a new field operations centre at the Naft Khana oilfield in Diyala province, marking a new phase of development for the project. The facility is being developed under a contract signed during Iraq's fifth licensing round between Midland Oil Company (MdOC) and the Chinese firm Geo-Jade, which covers […]
Top 10 Dinar Articles from December
The following were the ten most read dinar-related articles on Iraq Business News for the month of December: CBI on Banking Reform, "Digital Dinar", Dollar Transactions Iraqi Central Bank Reduces Supply of Dinars 10 Things the CBI Said About the Iraqi Dinar in 2025 CBI Training on Detection of Counterfeit Dinars CBI Chief on the […]
A New Chapter for the UN in Iraq
By John Lee. The United Nations' has said its engagement in Iraq has entered a new phase following the conclusion of the mandate of the United Nations Assistance Mission for Iraq (UNAMI). It reaffirmed its commitment to remaining a long-term partner to the Government of Iraq in advancing national development objectives. Full statement from the […]
Iraq's Gas Flaring Paradoxes: Economic and Technical Obstacles
By 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's Gas Flaring Paradoxes: Economic and Technical Obstacles Almost every year, since 2012, Iraq vies with […]
AHK World Business Outlook - Fall 2025 | Iraq
From the German Liaison Office for Commerce & Industry in Iraq (AHK Iraq). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. AHK World Business Outlook - Fall 2025 | Iraq The Fall 2025 edition of the AHK World Business Outlook reveals continued confidence among […]