By John Lee. Iraqi Prime Minister Ali al-Zaidi met separately in New York with representatives of US oil companies HKN Energy and ExxonMobil, according to the Prime Minister's Office (PMO). In the meeting with HKN Energy, al-Zaidi urged the company to accelerate operations and increase working hours on its projects and contractual commitments in Iraq, […]
By John Lee. Sinopec (China Petroleum & Chemical Corporation) has awarded a Marine Warranty Survey (MWS) contract to New Wave Offshore Energy in support of the Associated Gas Upstream Project (AGUP) Phase 2 in southern Iraq, part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies alongside its partners Basra Oil Company (BOC) and […]
By John Lee. Iraq's Ministry of Trade has outlined plans to tighten import controls and expand the reach of Iraqi goods into regional and international markets. Mohammed Hannoun, the ministry's official spokesman, told the state-run Iraqi News Agency (INA) that the ministry is working to regulate the import process in line with legal frameworks, balancing […]
By John Lee. Iraq's Ministry of Trade held separate meetings on Sunday with the US chargé d'affaires in Baghdad and the Iranian commercial attaché, covering ways to strengthen bilateral economic and trade relations with each country. Trade Minister Mustafa Nizar Jumaa received Steven Fagin, the US chargé d'affaires, to discuss expanding American companies' participation in […]
By Yesar Al-Maleki, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi PM Adviser Denies US Plans to Halt Dollar Shipments Iraqi PM adviser Mazhar Mohammed Saleh denied reports that Washington plans to halt dollar shipments if armed groups fail to disarm by Sept. 30. […]
By John Lee. A technical advisory agreement has been signed between Iraq's Ministry of Oil and Chevron to support Basra Oil Company (BOC) during negotiations related to the development of the West Qurna 2 oil field. The agreement was signed on Sunday under the auspices of Oil Minister Basim Muhammad Khudhair al-Abadi. The signing was […]
By Nadim Kawach, 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 Drains $16bn from Reserves after Oil Revenues Slump Iraq's foreign-currency reserves fell by nearly $16 billion in four months this year as the government tapped […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Depositor Outrage as Iraqi Authorities Place Private Bank under Guardianship The Iraqi banking sector is coming under renewed scrutiny following the Central Bank of Iraq's (CBI) decision to place the private Al-Taif Islamic […]
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 […]
By John Lee. Iraq's fourth international oil, gas and licensing rounds conference has opened in Baghdad, with the Ministry of Oil outlining progress on exports, refining and infrastructure over the first 100 days of the new government. According to the Ministry of Oil, Minister Basim Muhammad Khudhair al-Abadi said oil exports had risen from around […]
By John Lee. Iraq's Ministry of Electricity has held discussions with representatives of US company GE on expanding the Mansuriya gas power station and adding combined-cycle units. The meeting was chaired by Mohammed Nouama Al-Tufeili, the ministry's undersecretary for production affairs, and was attended by representatives of the Investments and Contracts Directorate, the Planning and […]
