The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. The state-owned Midland Oil Company (MdOC) has announced the signing of a contract to drill eight wells (4+4) in the Naft Khana block in Diyala province. The deal was signed between NK Petroleum Limited, the block's operator, and a consortium comprising Zhongman Petroleum (ZPEC) and H&L Petroleum DMCC, which Iraq Business News […]
By John Lee. Chinese Deputy Ambassador to Iraq, Xue Haifeng, has told the state-owned Iraqi News Agency (INA) that Iraq-China cooperation continues to gain momentum, covering sectors ranging from energy and development to agriculture and defence. He emphasised that high-level exchanges have played a central role in strengthening bilateral ties, citing recent meetings between Chinese […]
By John Lee. Motorola Mobility, owned by Chinese company Lenovo, has officially launched its devices in Iraq through a partnership with Al-Watani Telecom. Sharay Shams, General Manager for Middle East, Africa, Turkey and CIS at Motorola Mobility, described Iraq as a robust market in the region, with an estimated total addressable market (TAM) of 10 […]
By John Lee. The Iraqi Cabinet has authorised the Ministry of Electricity to sign an addendum with China's SEPCOIII [Electric Power Construction Corporation] for the construction of a dry gas pipeline supplying the Anbar Combined-Cycle Power Plant. The project involves a 250-kilometre pipeline, with the new addendum covering the construction of the section from the […]
By John Lee. Jameel Motors has signed an agreement with China's Chery Group to distribute the OMODA & JAECOO vehicle brand in Iraq, marking a first market entry for both companies. According to a press release, the distribution rights were secured through a competitive process involving local and international firms. It adds that Iraq's automotive […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has launched construction of the South Karbala Water Project, with a capacity of 16,000 cubic metres per hour, during a visit to Karbala Governorate. The 702.5-billion-Iraqi-dinar [$539 million] project, located near Karbala International Airport, will feature a main treatment plant, eight pumping stations, an intermediate station near […]
By John Lee. Iraq's state-owned Oil Exploration Company and Al-Qarnain Petroleum, a subsidiary of China's ZhenHua Oil, have signed a contract for a two-dimensional seismic survey of the Al-Qarnain (Al-Quraynan) exploration block. Minister of Oil, Hayan Abdul Ghani, described the block as a promising oil and gas prospect on Iraq's border with Saudi Arabia. According […]
By John Lee. China Petroleum Engineering Co. (CPECC) has announced that its wholly-owned subsidiary, China Petroleum Pipeline Engineering Co. (CPPE) has been awarded a major contract by Iraq's Basra Oil Company (BOC) for the Basra Province Seawater Transmission Pipeline EPC Project. The project, valued at $2.524 billion, includes the construction of trunk and branch pipelines […]
By John Lee. The Iraqi Cabinet has approved amendments to its earlier decision (No. 229 of 2025) concerning the Iraq-China Framework Agreement. The revisions allow for the reallocation of project funding under the investment account of the agreement, based on proposals prepared by the Diwani Order Committee No. 23995 and in line with the Federal […]
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. Chevron, SLB Deals Signal US Return to Iraqi Oilfields There are two distinct superpower strategies at play to capture the very heartland of the Middle East - Iraq. On the one […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has officially launched the first phase of the second Baiji Gas Power Station in Salahuddin province, a project that will add up to 1,014 megawatts to Iraq's power grid. Speaking at the launch event on Saturday, Al-Sudani reiterated that energy is the cornerstone of Iraq's comprehensive development […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will China help Iraq revive nuclear aspirations? Amid rising regional tensions over the nuclear program of neighbouring Iran, the head of Iraq's Atomic Energy Commission (IAEC) has announced a highly symbolic and strategic […]
