By John Lee. The Government of Iraq has issued an Award Letter to Texas-based Excelerate Energy to develop an integrated floating liquefied natural gas (LNG) import terminal. The project is intended to strengthen Iraq's energy security, support domestic power generation, and diversify supply away from unreliable sources. The company said the decision followed approval from […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed For over two decades, fraudulent promoters and self-proclaimed "dinar gurus" have perpetuated an elaborate investment scam centered around the Iraqi dinar (IQD). Despite […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. US piles pressure on Iran's Iraqi allies with 'terrorist' designations Amid a growing US push to de-fang Iran's allies in Iraq, the Donald Trump administration has designated four major Shiite armed factions as […]
By 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. After Operation Inherent Resolve: The Future of U.S.-Iraq Security Relations Whether Washington opts for complete withdrawal, a smaller, Kurdistan-based presence, or a 180-degree shift to […]
By John Lee. Iraqi Prime Minister Mohammed Shiaa al-Sudani met on Thursday with Jeff Miller, Chairman and CEO of Halliburton, along with his accompanying delegation. Al-Sudani underlined the government's strong interest in the role of major international oil companies, particularly American firms, in developing Iraq's energy sector, improving production efficiency, and achieving national goals. He […]
By John Lee. Iraq's attempt to import gas from Turkmenistan via Iran has reportedly failed following pressure from the United States. Click here to read the full article. (Source: Reuters)
By John Lee. The Ministry of Trade, through its Department of Foreign Economic Relations, has held a preparatory meeting ahead of the fourth session of the Iraq-US Trade and Investment Council, with participation from representatives of relevant ministries and agencies. According to a ministry statement, Director General Riyadh al-Hashimi said the meeting reviewed Iraqi proposals […]
By Hayder Al Shakeri for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why is energy-rich Iraq still having to import electricity? For more than a decade, Iraq's power system has relied heavily on Iranian gas and electricity imports, which at […]
By John Lee. The US Department of State has designated four Iraqi groups as Foreign Terrorist Organizations (FTOs), describing them as Iran-aligned militia groups (IAMGs): Harakat al-Nujaba; Kata'ib Sayyid al-Shuhada; Harakat Ansar Allah al-Awfiya; and Kata'ib al-Imam Ali. Full statement from the US Department of State: The United States remains committed to countering Iran, the […]
By Akeel Abbas 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 Iraq's partial crackdown on a powerful militia weaken Iran's proxies? The Iraqi government's unprecedented accusation that the US-designated Kataib Hezbollah (KH) carried out a deadly armed attack […]
By John Lee. Iraq's State Oil Marketing Organization (SOMO) announced that it has reached advanced stages of understanding with America's ExxonMobil to secure storage capacity in Singapore, alongside negotiations on refining and profit-sharing opportunities in the Asian market. SOMO Director General, Ali Nizar Al-Shatri (pictured), told state-owned Iraqi News Agency (INA) that the company is […]
By Jon Wilks, 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. Dispatch from Basra: Glimpses of hope in Iraq's forgotten south There is perhaps nowhere else where the high hopes of the new Iraq were so dashed as in […]
