The Minister Of Oil Discusses With The US Ambassador Relations Between The Two Countries In The Field Of Energy
Tuesday, November 25, 2025, | Economy Number of views: 296 Baghdad/ NINA / Deputy Prime Minister for Energy Affairs and Oil Minister Hayyan Abdul-Ghani discussed energy relations between the two countries with US Ambassador Joshua Harris.
A statement from the Ministry of Oil indicated that the Deputy Prime Minister for Energy Affairs and Oil Minister received the US Ambassador and discussed with him relations between the two countries in the oil, gas, and energy sectors. /End https://ninanews.com/Website/News/Details?key=1263664
Oil: October Exports Exceed 110 Million Barrels With Revenues Exceeding $7 Billion
Economy | 25/11/2025 Mawazin News – Baghdad: The Ministry of Oil announced the total oil exports and revenues for October, according to statistics issued by the Iraqi Oil Marketing Company (SOMO).
The ministry stated in a press release that “the volume of crude oil exports, including condensates, reached 110,923,047 barrels, generating revenues exceeding $7,030,689,000.”
It added that “the total volume of oil exported from fields in central and southern Iraq amounted to 104,816,106 barrels, while the Kurdistan Region exported 5,834,864 barrels via the Turkish port of Ceyhan, and exports to Jordan reached 272,077 barrels.”
The ministry emphasized that “issuing these statistics is part of its commitment to informing the public about the details of marketing and export operations on a monthly basis.” https://www.mawazin.net/Details.aspx?jimare=270796
The Dollar Continues Its Rise In Baghdad… The Exchange Rate Is 142,400 Iraqi Dinars Per Note
Economy | 25/11/2025 Mawazin News – Baghdad: The price of the dollar rose in Baghdad markets, reflecting ongoing market tension.
In the Al-Kifah and Al-Harithiya exchanges in Baghdad, the selling price reached 142,400 Iraqi dinars per 100 dollars, compared to 142,250 dinars yesterday.
Meanwhile, in local currency exchange offices in Baghdad, the selling price rose to 143,500 dinars, and the buying price to 141,500 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=270785
Cabinet Decisions During Today’s Session
Localities The Cabinet held its 47th regular session on Tuesday, chaired by Prime Minister Mohammed Shia al-Sudani, and issued a number of decisions, including some related to the massive pilgrimages.
Al-Sudani’s media office stated in a press release that he “chaired the 47th regular session of the Cabinet, during which the general situation in the country was discussed, the topics on the agenda were reviewed, and the necessary decisions were made.”
Regarding the regulation of the banking sector, the Cabinet approved “the mechanism submitted by the committee established by Diwani Order (4 of 2025) to regulate the relationship between the Trade Bank of Iraq (TBI) and foreign banks, specifically concerning the recovery of funds corresponding to letters of guarantee from the issuing banks, and to reflect this in accordance with the original recommendations previously approved by the Cabinet in its Decision (24279 of 2024).”
The Cabinet also approved “the recommendation regarding wheat sold to private mills, maintaining the price at 410,000 dinars per ton, with payment to be made directly to the Ministry of Finance.”
The Council approved the Ministry of Interior’s direct contracting with the Spanish companies HYT GROUP and ALUVAL, which specialize in supplying raw materials for the traffic sign manufacturing plant.
The Cabinet also followed up on the completion of stalled projects and approved increasing the total cost and contingency allocation for the following projects:
– Infrastructure projects within the framework of the Million-Person Pilgrimage Projects, in several governorates, and included in the investment budget schedules of the Prime Minister’s Office.
– The project to establish a naval base at the Grand Faw Port.
– The project to establish a 400-bed hospital in Kirkuk and the Kirkuk sewage project.
– The project to complete the study, design, and implementation of the Al-Siniya sewage project in Salah al-Din Governorate.
– The project to review the designs, supply, implement, operate, and maintain the Bartella sewage network and treatment plant in Nineveh Governorate, with a design capacity of 5,000 cubic meters per day.
– The project to construct the College of Education buildings in Dhi Qar Governorate, as part of the project to complete the colleges of Dhi Qar University.
The Council Also Considered Several Items On Its Agenda And Approved The Following:
1- Including the lands specified in the Ministry of Interior’s letter dated August 30, 2025, allocated to the Ministry of Interior and currently occupied by the Department of Corrections within the Ministry of Justice, under the provisions of Cabinet Resolution 23168. The Ministry of Finance, the Baghdad Municipality, and relevant authorities are directed to secure land for the Ministry of Justice.
2- Granting the Scientific Research Authority the power to disburse funds from the allocations stipulated in the instructions for facilitating budget implementation.
3- Approving the criteria for evaluating the oxidized asphalt coefficient, based on Cabinet Resolution 24988 of 2024.
62 views Added 2025/11/25 – 7:03 PM https://economy-news.net/content.php?id=62725
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