Tag Archives | Saudi Arabia

Can Iraq Really Replace Saudi as ME's Top Oil Producer?

By Alex Kimani, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Really Replace Saudi Arabia As The Middle East's Top Oil Producer? The global power of most Middle Eastern countries remains dependent on their oil and/or gas output, so it […]

US "Racing To Lock Down" Iraqi Gas Prize

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. Why The U.S. Is Racing To Lock Down Iraq's Most Explosive Geopolitical Gas Prize Sharing its eastern border with Iran, its northern border with Turkey, its western border with Syria and […]

The US Power Play that Moscow & Beijing Didn't See Coming

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. The U.S. Power Play in Iraq That Moscow and Beijing Didn't See Coming As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and […]

Iraq and Kuwait "Face Tougher Oil Restart than Gulf Neighbours"

By Francesca Washtell, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq and Kuwait Face Tougher Oil Restart than Gulf Neighbours Repeated shut-ins of older oilfields mean Iraq and Kuwait are likely to face challenging returns to […]

Iraq-Egypt-Jordan Talks Focus on Energy and Pipeline Projects

By John Lee. Iraq's Foreign Minister Fuad Hussein held a series of bilateral and trilateral meetings in Amman on Wednesday on the sidelines of the Arab Ministerial Meeting on Jerusalem, covering energy cooperation, joint projects, and regional security issues. According to the Ministry of Foreign Affairs, the talks included separate meetings with the foreign ministers […]

OPEC+ to Increase Output by 188,000 bpd in September

By John Lee. Seven OPEC+ member countries have agreed to implement a production adjustment of 188,000 barrels per day (bpd) from their additional voluntary cuts, effective September 2026. The decision was taken at a virtual meeting on Saturday, which was attended by Iraq's Ministry of Oil. The seven countries involved are Saudi Arabia, Russia, Iraq, […]

Coordination Framework Condemns US/Saudi Strike on PMF

By John Lee. An emergency meeting of Iraq's Coordination Framework was held at the Government Palace on Wednesday to discuss what it described as US-Saudi attacks on Iraqi sovereignty. According to Prime Minister's Office, the meeting, hosted by Prime Minister Ali al-Zaidi, condemned what it called an attack on Iraqi territory that resulted in the […]

Iraqi PM Pitches 'Trilateral Business Opportunities' to Iran, US

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Exclusive: Iraqi PM Pitches 'Trilateral Business Opportunities' to Iran, US Iraq's prime minister did not deliver a ceasefire proposal by the Donald Trump administration during his recent visit to Iran, senior sources in […]

GE Deal to Boost Iraq's Power Generation Capacity

By John Lee. Iraq has signed an agreement with GE to implement a comprehensive plan for securing the country's energy supply. The deal was signed in Washington by Minister of Electricity Ali Saad Wahib, under the auspices of Prime Minister Ali al-Zaidi. According to the Ministry of Electricity, the agreement covers an integrated national programme […]

Iraqi PM Outlines Anti-Corruption Drive and Policy Priorities

By John Lee. Iraq's prime minister has pledged to pursue corruption cases without exception, seek a fairer OPEC production quota, and announce a political and economic partnership with the United States, in a wide-ranging interview broadcast on Al Arabiya. Ali al-Zaidi told Al Arabiya that anti-corruption efforts would be pursued without regard to sectarian, ethnic, […]