Tag Archives | energy

A New Era of Partnership with Iraq

By James Durso, for The Hill. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A New Era of Partnership with Iraq Next week's Washington visit by Iraq's new prime minister, Ali al-Zaidi, offers an opportunity to reset expectations about the U.S.-Iraq relationship. ... Today, […]

Paper: Monetary and Fiscal Reforms amid Iraq's Oil Export Crisis

By Dr. Ali al-Rawi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Urgent Monetary and Fiscal Reforms Amid Iraq's Oil Export Crisis and the Inflation of Operational Expenditures Iraq is going through an economic phase that […]

Baghdad "Hosting EU Energy Talks After Iraq Floats OPEC Exit"

By Michael Kern, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq […]

Electricity Generation in Iraq Reaches 22,000 MW

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 […]

EBRD and Iraq in Talks on Development and Banking

By John Lee. Iraq's Ministry of Finance has held talks with the European Bank for Reconstruction and Development (EBRD) on financial and technical cooperation and support for development priorities in Iraq. Finance Minister Falah Sari received EBRD Iraq Country Head Katarina Bjorlin Hansen on Sunday to discuss the outlook for collaboration. The minister said the […]

Iraq-Turkey Pipeline Contract to be Negotiated

By John Lee. Iraq's Ministry of Oil has been authorised to negotiate a long-term agreement with Turkey governing the Iraq-Turkey pipeline (ITP), according to a cabinet decision. The Council of Ministers approved an amendment to Resolution 254 of 2026, extending the pipeline contract for four months. Under the amended resolution, the Ministry of Oil is […]

Iraq, UK discuss Investment, Energy and Partnership Agreement

By John Lee. The Iraqi Embassy in London has held a virtual meeting with the Iraq Britain Business Council (IBBC) to discuss strengthening economic and investment relations between the two countries. Ambassador Dr Salih Husain Ali Al-Tamimi led the meeting, which covered a range of topics including: Recent political developments in Iraq, including the forthcoming […]

Turkish Powership to Boost Iraq's Summer Electricity Supply

By John Lee. Iraq's Ministry of Electricity has agreed steps with Turkish company BKPS to reactivate a powership currently docked at Umm Qasr. Electricity Minister Ali Saadawi Wahib met with representatives of BKPS, an affiliate of Karpowership, ahead of peak summer demand. Powerships are self-contained, multi-fuel enabled floating power plants. (Source: Ministry of Electricity)

Iraq Approves Tanker Leasing to Support Oil Storage

By John Lee. The Iraqi government has approved new measures to support oil marketing, storage, and domestic fuel supply, including expanded operational flexibility for key state entities. Under the decision, Iraqi Oil Tankers Company (IOTC) has been authorised to lease available tankers in the Gulf region for use in storage or other purposes aimed at extending […]

Kirkuk-Baniyas Oil Pipeline Remains "Suspended"

By John Lee. The Undersecretary at Iraq's Ministry of Foreign Affairs has told state-run Iraqi News Agency that work to rehabilitate the Kirkuk-Baniyas oil pipeline remains suspended due to the security situation in Syria. He added that government is reviewing alternative export routes, including: Oil export link via Turkey Proposed connection through Jordan to Egypt […]