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. Is Iraq About to Make Its Biggest Geopolitical Pivot in Years? Washington's escalation of sanctions on Russia's top oil firms has opened space for Western majors to re-enter Iraq. Click here […]
By John Lee. The Iraqi Embassy in Moscow has issued a clarification regarding reports that Iraq plans to nationalise the West Qurna-2 oil field, operated by Russia's Lukoil. The embassy confirmed that the field is fully state-owned. Under the 2008 licensing round agreement, Lukoil managed and developed the field and produced oil under a service […]
By John Lee. Opportunities to expand investment in Iraq's oil and energy sectors were discussed during talks between the government and US energy giant Chevron, focusing on increasing production returns and expanding refining capacity. The discussions covered the company's current activities and potential areas of cooperation, as well as ways to improve the investment environment […]
By Ronen Zeidel, for the Moshe Dayan Center for Middle Eastern and African Studies at Tel-Aviv University. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The 2025 Iraqi Parliamentary Election: Results, Dynamics and Implications This report examines the 2025 Iraqi parliamentary election, revealing a […]
By John Lee. The Ministry of Oil has confirmed that operations at the Nasiriya and Gharaf gas fields project will begin on schedule in the first quarter of 2027. In a statement, it said the installation of specialised equipment has begun, in collaboration with Baker Hughes. China Petroleum Engineering & Construction Corporation (CPECC) is also […]
By John Lee. The US Congress has voted in both the House of Representatives and the Senate to repeal the 1991 and 2002 Authorisations for Use of Military Force against Iraq, as part of the National Defense Authorization Act for fiscal year 2026. The repeal is awaiting ratification by President Donald Trump. The Ministry of […]
By John Lee. SpaceX (Starlink) has held talks in Baghdad as Iraq moves into the final stages of issuing satellite-internet licences, including one for the US company. Prime Minister Mohammed Shiaa Al-Sudani received the delegation on Thursday, in the presence of US Chargé d'Affaires Joshua Harris. The meeting reviewed licensing procedures, potential cooperation in communications […]
By John Lee. Iraq has held talks with US oil company Chevron on potential cooperation in developing the Nasiriyah oil field and possible engagement at the West Qurna-2 field. The discussions focused on advancing investment negotiations between the Ministry of Oil and the US energy company, within the framework of Iraq's strategy to work with […]
By John Lee. A high-level review meeting has been held to assess progress on Iraq's strategic Development Road project, covering design, costs and operational planning. The meeting examined timelines proposed by the appointed auditing firm for completing reviews of rail and road designs, alongside discussions on design costs for both the railway line and the […]
By Noam Raydan and James Jeffrey, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil from Northern Iraq Arrives in the United States After Pipeline Reopens s In addition to providing discounted crude of a quality […]
By Michael Knights for the Combating Terrorism Center (CTC) at West Point. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Rise of the E-Militias: Designated Terrorist Groups Infest Iraq's Digital Economy Iraq's digital economy is one of its fastest-growing sectors, driven by an expanding […]
By John Lee. Colorado-based Vectrus Systems LLC [V2X] has been awarded a $252,050,925 cost-plus fixed-fee indefinite contract action for base support services in support of the Iraq F-16 program. This contract provides for base operating support, base life support, and security services. Work will be performed at Martyr BG Ali Flaih Air Base (formerly Balad Air Base), […]
