By Gökçe Nur Ataman, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Courts US Oil Giants to Secure New Export Routes Chevron and ConocoPhillips are pursuing different paths into Iraq's oil sector, but the $60 billion in announced deals […]
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 Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]
By John Lee. A new associated gas processing and utilisation system (GCS) has been commissioned at the second separation station of the Garraf oil field in Dhi Qar, with an operating capacity of 15 to 22 million standard cubic feet per day (mmscfd). The opening was held under the patronage of Oil Minister Basim Muhammad […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Euphrates Inflow to Iraq Quadruples from Last Year: Ministry of Water Resources Water flowing into Iraq from Syria through the Euphrates river has increased to nearly 680 cubic meters per second, more than four […]
By John Lee. Electronic applications for loans from the Iraqi Housing Fund are to open on 23 August for a four-day period, with each day allocated to a different group of governorates. Applications open at 10am on the day assigned to each governorate. According to the Ministry of Construction, Housing and Public Municipalities, the schedule […]
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 […]
By John Lee. According to the Ministry of Electricity, current electricity generation has reached around 22,000 megawatts, with governorate allocations calculated based on net generation after accounting for exemptions including government hospitals, water stations, losses, loads and auxiliary equipment. The ministry said allocations are distributed according to approved percentages set by the Higher Coordination Committee […]
By John Lee. A number of new industrial projects have been established at the Dhi Qar Industrial City, according to the Industrial Cities Authority, which operates under the Ministry of Industry and Minerals. The Industrial Cities Authority director-general, engineer Anas Hashim, said the industrial city covers an area of 2,000 dunams and is designated for […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Preliminary Assessment of MoO-Chevron Agreements On February 23, 2026, the Ministry of Oil (MoO) website published a very brief statement indicating the signing of bilateral and trilateral settlement and framework agreements with […]
By John Lee. Iraqi air defences have intercepted and shot down nine drones targeting military sites in Dhi Qar and Basra provinces, according to updates from the Joint Operations Command. Four drones were downed after attempting to strike a military location inside Imam Ali Air Base in Dhi Qar province. Two were intercepted at 22:50, […]
By John Lee. Nasiriyah Heart Hospital received a Korean medical delegation as part of a new phase of the Iraq-Korea joint cooperation project. The project is funded through a grant from KOICA [Korea International Cooperation Agency] for the Establishment of the Korea-Iraq Specialized Hospital for Children with Heart Disease (2020-2030 / USD 27.93 million). A […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhaibis Al-Sadaawi, has directed contractors to accelerate work on Nasiriyah International Airport as the project enters its final stages. During a meeting at the General Company for Air Navigation Services, attended by representatives of China's CSCEC (China State Construction Engineering Corporation), the implementing contractor, and senior Iraqi […]
