Chevron "Moves to Take Over Russia's Most Prized Iraqi Oil Field"
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 Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]
Oil Revenue Slump "Leaves Iraq Facing $23bn Budget Deficit"
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. Oil Revenue Slump Leaves Iraq Facing $23bn Budget Deficit Iraq's oil revenues have slumped as a result of the disruption to exports caused by the Iran […]
Kurdistan Region Advances Police Reform
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region advances police reform to strengthen public trust and improve services The Kurdistan Region's Ministry of Interior, in partnership with the United Nations Development Programme (UNDP), is advancing […]
Iraq-Japan Development Cooperation Talks
By John Lee. Talks between Iraq's Ministry of Planning and the Japan International Cooperation Agency (JICA) have focused on strengthening bilateral development cooperation. The meeting, held on Tuesday, was led by Dr Sahir Abd al-Kazim Mahdi, Director General of the ministry's International Cooperation Department. Discussions covered mechanisms for exchanging expertise in development, including training programmes […]
Chinese Power Units Due Before Summer at Two Iraqi Stations
By John Lee. Combined-cycle units with a capacity of 125MW each are under construction at the South Baghdad Gas Power Station and the Khor al-Zubair power station, with both units planned to enter service before next summer. According to Iraq's Ministry of Electricity, a meeting was held on Sunday between Mohammed Naama al-Tufeili, Undersecretary for […]
VTS Vessel Monitoring System Launched in Iraqi Waters
By John Lee. A Vessel Traffic Service (VTS) system for monitoring and regulating the movement of ships in Iraqi territorial waters has been launched by the Iraqi Supreme Maritime Authority. The system is designed to track vessel entry and exit, improve navigational safety, and support maritime and commercial activity. According to the Ministry of Transport, […]
Lenovo ISG Server Distribution Deal for Iraq
By John Lee. India's Redington has been appointed as an authorised distributor for Lenovo Infrastructure Solutions Group (ISG) server products in Iraq, expanding access to enterprise infrastructure through its channel partner network in the country. Jeetendra Berry (pictured), President for GCC & Levant at Redington, said the partnership would help channel partners move beyond supplying technology […]
Fly Erbil Receives Iraqi Air Operator Certificate
By John Lee. Erbil-based Fly Erbil airline has been granted an Air Operator Certificate (AOC) by the Iraqi Civil Aviation Authority (ICAA), formally recognising it as an Iraqi national carrier. Captain Amjad Kazim, Deputy Head of the ICAA, received Fly Erbil's Chief Executive Lawand Mamundi to mark the certification. Mamundi expressed thanks to the ICAA […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 22nd October 2026). Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,510.6 -2.87% -1.80% USD-RSISX 2,143.8 -2.87% -14.72% […]
ExxonMobil and Basra Oil Company Sign Seawater MoU
By John Lee. ExxonMobil and Basra Oil Company (BOC) have signed a memorandum of understanding (MoU) covering Phase 2 of a seawater injection project for southern Iraqi oil fields. The agreement was signed on Wednesday under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi. The project will use seawater to support reservoir pressure […]
New Russian Ambassador in Baghdad
By John Lee. Russia has appointed Timur Pechatkin as its new Ambassador to Iraq. According to Iraq's Ministry of Foreign Affairs, Foreign Minister Fuad Hussein received a copy of Pechatkin's credentials at the ministry's headquarters in Baghdad on Wednesday. Hussein welcomed the new ambassador and highlighted the bilateral ties between the two countries. The meeting […]
Zero Tariffs on Imported Solar Systems in Iraq
By John Lee. Iraq's Cabinet has approved the removal of customs duties on imported solar energy systems, in a move aimed at encouraging uptake of renewable energy and reducing the cost of purchasing solar equipment. According to the Ministry of Electricity, the decision followed a formal proposal submitted by Minister of Electricity Ali Saad Wahib […]