The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Turkey's Minister of Energy and Natural Resources, Alparslan Bayraktar, has said that Ankara has proposed a new draft agreement to Iraq regarding the Iraq-Turkiye Oil Pipeline (ITP). In an interview with Sky News Arabia, Bayraktar noted that while the pipeline has a capacity of 1.5 million barrels per day, it has never […]
By John Lee. The Kurdistan Regional Government (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have agreed on a new mechanism for oil exports from the Kurdistan Region of Iraq. The deal, finalised after joint meetings beginning on 17 July 2025 and site visits to all regional oil fields, was signed on […]
By John Lee. Gulf Keystone Petroleum (GKP) has said that production operations have recently restarted at the Shaikan Field in Iraqi Kurdistan, following a security assessment and consultation with the Kurdistan Regional Government (KRG). It said a further update on production and sales will be provided as part of the 2025 Half Year Results, which […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkey Ends ITPA- Submission to Blackmail or Preservation of Iraqi Sovereign Rights and National Interests The Turkish government officially ended, on 21 July 2025, the Iraqi Turkish Oil Pipeline Agreement-ITOPA, effective on […]
By John Lee. The Kurdistan Regional Government (KRG) has announced a series of measures under its Ninth Cabinet to strengthen food security and agricultural resilience. Infrastructure Three modern grain silos completed Additional grain storage facilities under construction Total wheat storage capacity (when operational): 200,000 tonnes Public Investment in Agriculture Increase in budget allocation: from 1.8% […]
By John Lee. Dana Gas has announced its financial results for the half-year ended 30th June 2025, which included the following: Net Profit: AED 270 million ($73 million) in H1 2025, a 1% increase over H1 2024. Revenue: AED 627 million ($171 million) in H1 2025, down from AED 696 million ($190 million) in H1 […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, has reportedly announced that the country will resume crude oil exports through the Ceyhan pipeline to Turkiye either today (Wednesday) or tomorrow. Speaking during the inauguration of several oil station development and rehabilitation projects in Kirkuk, the Minister confirmed an initial export volume of 80,000 […]
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 […]
From the International Labour Organization (ILO): Study Visit for Knowledge Exchange on Public Works Programmes and Labour-Intensive Investment Approaches in Iraq As part of its ongoing efforts to promote decent employment and support sustainable local development, the International Labour Organization (ILO) organized a study visit to Erbil and Duhok governorates from 19 to 23 July […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Damage to Kurdistan Region Oil Fields Puts Rights at Risk Drone strikes on five oil fields in the Kurdistan Region of Iraq (KRI) by unknown groups between July 14 and […]
By John Lee. The International Organization for Migration (IOM) and the UN High Commissioner for Refugees (UNHCR) have published an update on internal displacement in Iraq. Overview 1,031,475 IDPs remain displaced in Iraq. This includes 104,617 people living in the 20 IDP camps, located in the Kurdistan Region of Iraq (KRI). Of this population, 19,432 […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Drone offensive in Iraq hits Kurdish oil production, testing boundaries A wave of drone strikes in Iraq in recent weeks has targeted critical infrastructure, mainly in the Kurdistan region. The attacks have sharpened […]
