By John Lee. The Iraqi Geological Survey, part of the Ministry of Industry and Minerals, has begun two projects to explore, assess and develop limestone reserves suitable for cement production in Muthanna and Wasit provinces. The projects aim to identify and evaluate the quality and quantities of limestone through: Fieldwork and geological studies; Specialised laboratory testing; […]
By John Lee. Trial operation has begun on the first generating unit of the Shams Al-Basra solar power project, the largest solar energy scheme in Iraq, with a total planned capacity of 1,000MW. The project, located in the Artawi [Ratawi] area of Basra province, covers approximately 9,000 dunams and comprises four units, each with a […]
By John Lee. Iraq's General Customs Authority has announced temporary exceptional measures to accelerate the flow of goods and reduce congestion at ports. According to state-run Iraqi News Agency (INA), the authority said the measures were adopted in line with directives from Prime Minister Mohammed Shia Al-Sudani and in response to exceptional regional conditions affecting ports […]
By John Lee. The Ministry of Electricity has confirmed that imported gas supplies from Iran are continuing at a reduced level of six million cubic metres per day (6mcm/d). Official spokesperson Ahmed Mousa Al-Abadi said the current volumes remain below contracted levels and continue to affect generation units and power stations. He noted that milder temperatures […]
By John Lee. The Iraqi Drilling Company (IDC) completed the drilling and rehabilitation of 16 oil wells in February 2026 for national and international operators working in Iraq. The works included: Drilling of three new wells; Rehabilitation of 13 existing wells. Director General Mohammed Hantoush said the operations were carried out in line with approved technical […]
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 Saturday. 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 […]
By John Lee. The Iraqi Cabinet has authorised the Ministry of Oil to exercise the necessary powers to address a potential crisis in crude oil and petroleum product exports resulting from the closure of the Strait of Hormuz. The decision relates to anticipated disruptions to export operations and is intended to enable the Ministry to […]
By John Lee. The Council of Ministers has approved the holding of the Arab Entrepreneurship Summit 2026 in Baghdad in November 2026. The cabinet also agreed to form a preparatory committee, chaired by the Minister of Planning and comprising relevant entities, to oversee arrangements for the summit. (Source: PMO)
By John Lee. A delegation from the Ministry of Trade has visited the manufacturing facilities of Bühler Group in Switzerland to review progress on the five metal silos project. The visit focused on overseeing production stages and monitoring implementation of the electromechanical equipment and materials designated for the scheme. The delegation was headed by Dr […]
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 […]
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 […]
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 […]
