By John Lee. A major new Automotive Service Industrial Complex has been completed in Duhok at a cost of $62 million [81 billion Iraqi dinars]. Covering 679,000 square metres, the complex includes six zones, 2,378 industrial units, and 30,000 square metres of green space. The development also features 15-metre-wide internal roads to ensure smooth traffic […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Debate on greater autonomy reignites in Iraqi's oil-rich south Following the Iraqi parliament's elevation of Sulaimaniyah's Halabja district to full governorate status in April, the country is now witnessing an unprecedented wave of similar […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Will end to pipeline feud revive flow of Iraqi oil to Israel? After a glimpse of progress, Baghdad's spat with the Kurdistan Regional Government (KRG) over the future of the Iraq-Turkey Pipeline […]
By John Lee. Iraqi Kurdistan's 'Visit Kurdistan' platform was formally launched on Tuesday. The private-sector-led initiative is focused on advancing the Kurdistan Region's tourism sector and attracting international visitors. During the event, KRG Prime Minister Masrour Barzani delivered a speech in which he emphasized that the KRG, as part of its development agenda across all […]
By John Lee. The Kurdistan Regional Government (KRG) has said that its Runaki (Light) project is making significant progress toward delivering 24-hour electricity to the entire Kurdistan Region by the end of 2026. One of the initiative's key milestones is the planned decommissioning of approximately 7,000 private diesel generators, which have long been a major […]
By Ahmed Tabaqchali, Chief Strategist of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Catch 16: The Issue Bedevilling the Resumption of Crude Exports through the Iraq-Türkiye Pipeline […]
By John Lee. Iraq's federal Ministry of Oil and the Kurdistan Regional Government (KRG) have issued competing statements over the longstanding dispute regarding oil production and revenue sharing, highlighting the continued impasse that has cost the country billions of dollars in lost exports. Federal Government Position The federal Ministry of Oil in Baghdad has demanded […]
By John Lee. The US State Department has reiterated its support for energy agreements between American companies and the Kurdistan Regional Government (KRG), following reports that Iraq's federal Ministry of Oil has filed lawsuits against two such deals. During a press briefing on May 27th, spokesperson Tammy Bruce stated that the United States supports economic […]
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Oil Ministry files lawsuit against Kurdish region over unilaterally signed energy deals The semi-autonomous region has signed multibillion-dollar agreements with US companies HKN Energy and WesternZagros to develop […]
By John Lee. The Kurdistan Regional Government (KRG) and Iraq's federal government have entered into a new dispute over the legitimacy of two major energy agreements signed with American companies. On 19th May, Kurdistan's Prime Minister Masrour Barzani oversaw the signing of two agreements at the U.S. Chamber of Commerce in Washington, D.C., which the […]
By John Lee. HKN Energy and ONEX Group have signed a binding term sheet with the Kurdistan Regional Government (KRG) to develop the Miran gas field through their new joint venture, Miran Energy. Located in the Kurdistan Region of Iraq, the Miran gas field is estimated to contain 8 trillion standard cubic feet (scf) of […]
By John Lee. WesternZagros, a privately owned US exploration and production company, has announced its acquisition of the Topkhana block in the Kurdistan Region of Iraq. The acquisition is seen as a strategic milestone in enhancing the Kurdistan Regional Government's (KRG) energy security and electricity provision plans. The company says that when developed alongside its […]
