Tag Archives | China

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US "Racing To Lock Down" Iraqi Gas Prize

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 […]

MoU Signed for Diwaniyah Int'l Airport and Free Zone

By John Lee. A memorandum of understanding has been signed for the development of Diwaniyah International Airport and a free zone in the province. The governor of Diwaniyah, Abbas Shuail Al-Zamili, signed the MoU with Al-Balaghi and Chinese firm China CAMC Engineering, described as a strategic step to support commercial and investment activity in the […]

Infrastructure Financing Talks with Asian Development Bank

By John Lee. Iraq's Ministry of Finance has held talks with a delegation from the Chinese-based Asian Infrastructure Investment Bank (AIIB) on financing infrastructure projects and supporting development priorities in Iraq. The delegation was led by Konstantin Limitovsky. According to the Ministry of Finance, discussions covered the bank's activities in financing transport, energy, water, and […]

Iraq "Hikes Oil Exports via Hormuz"

By Tsvetana Paraskova, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners OPEC's second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it […]

Chinese Solar Plant in Muthanna: 750MW Planned

By John Lee. A 750-megawatt solar power station planned for Muthanna province has moved forward following discussions between Iraq's Ministry of Electricity and Chinese company Power Construction Corporation of China (PowerChina). The meeting also covered the technical and implementation stages of the project, and progress on related procedures. According to the Ministry of Electricity, 250MW […]

The US Power Play that Moscow & Beijing Didn't See Coming

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 […]

Anton Oil Reports Revenue Decline in Iraq

By John Lee. Chinese oilfield services group Anton Oil reported a 16.2% decline in revenue from the Iraq market in the first half of 2026, with regional disruption cited as the primary cause. Revenue from Iraq fell to approximately RMB 1,212.4 million from RMB 1,447.2 million in the same period of 2025, representing 45.2% of […]

Minister meets with Shanghai Electric re Power Projects

By John Lee. Progress on combined-cycle power generation projects in four central Iraqi provinces has been reviewed in a meeting between the Minister of Electricity and representatives of Chinese contractor Shanghai Electric. The projects cover stations in Najaf, Karbala, Diwaniyah, and Babil. According to the Ministry of Electricity, Minister Ali Saad Wahib directed the company […]

Update on Oil Discovery in Najaf's Qurnain Block

By John Lee. Iraq's Ministry of Oil has issued an update on the new hydrocarbon discovery at the Qurnain exploration block in Najaf province, Spokesman Salim al-Rakabi told state-run Iraqi News Agency (INA) that the first exploratory well yielded promising indications of light crude oil, adding that the assessment programme has begun, with the first […]

What Iraq could Learn from China's Rural Revival

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Iraq could Learn from China's Rural Revival For decades, the prevailing wisdom across Iraq and much of the region has been that opportunity lies in the city. Villages steadily emptied as successive […]

Inside Washington's Quiet Bid to Break China's Grip on Iraq

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. Inside Washington's Quiet Bid to Break China's Grip on Iraq It looks like the U.S.'s renewed engagement with Iraq could signal a major shift back in Baghdad's geopolitical alignment away from […]