By Yesar Al-Maleki, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […]
By John Lee. A technical advisory agreement has been signed between Iraq's Ministry of Oil and Chevron to support Basra Oil Company (BOC) during negotiations related to the development of the West Qurna 2 oil field. The agreement was signed on Sunday under the auspices of Oil Minister Basim Muhammad Khudhair al-Abadi. The signing was […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why The U.S. Is Racing To Lock Down Iraq's Most Explosive Geopolitical Gas Prize Sharing its eastern border with Iran, its northern border with Turkey, its western border with Syria and […]
By John Lee. Iraq's fourth international oil, gas and licensing rounds conference has opened in Baghdad, with the Ministry of Oil outlining progress on exports, refining and infrastructure over the first 100 days of the new government. According to the Ministry of Oil, Minister Basim Muhammad Khudhair al-Abadi said oil exports had risen from around […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The U.S. Power Play in Iraq That Moscow and Beijing Didn't See Coming As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and […]
By John Lee. Iraq's Ministry of Oil has held talks with a delegation from Qatari company UCC on the proposed Basra-Haditha-Fishkhabur and Haditha-Baniyas pipeline project. Discussions covered the contract type, implementation timeline, and other technical matters. Minister of Oil Basim Muhammad Khudhair al-Abadi, attended by Deputy Minister for Extraction Affairs Nassir Aziz, called for the […]
By Noam Raydan, for Seatrade Maritime. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Despite Pipeline Talks, Hormuz will Remain Key to Iraq's Oil Exports Amid the protracted crisis in the Strait of Hormuz, Iraq has been racing to find new outlets and […]
By John Lee. Iraq's Ministry of Oil is reportedly planning a new pipeline system to transport and export crude oil via two northern routes: Basra-Haditha-Fishkhabur and Haditha-Baniyas. According to the state-run Iraqi News Agency (INA), the project is intended to diversify export routes and reduce dependence on the main southern export terminal. A meeting to […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Debt Hits Record High as Hormuz Crisis Drains Revenues Iraq's borrowing accelerated in the first five months of the year as the government fought to […]
By Reuben Gregg Brewer, for The Motley Fool. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Prediction: Chevron's Bold Moves in Iraq Will Reshape the Oil Stock Over the Next Decade Chevron has just agreed to something that could make geopolitical conflict in the […]
By Mustafa Saadoon, for Alhurra. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Exclusive: Iran War Has Cost Iraq $45 Billion Official sources said that collapsing oil exports and stalled development projects have inflicted massive losses on the country as Baghdad bets on deeper […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Corruption Crackdown to Cut Project Costs, PM's Aide Says Iraq's new government hopes an unprecedented crackdown on corruption will cut the cost of projects and […]
