Iraq intends to achieve self-sufficiency in petroleum products
The Minister of Oil, Hayyan Abdul Ghani, inaugurated the fourth refining unit project at the South Refineries Company today. The unit has a capacity...
Iraq confirms its support for OPEC Plus decisions to achieve balance...
The Ministry of Oil has confirmed today, Friday, that the government is considering the fluctuations in the oil market, particularly the price changes within...
Ali Al-Alaq: The Central Bank followed a plan that positively affected...
The Governor of the Central Bank, Ali Al-Alaq, announced on Friday that foreign trade financing will continue to be conducted in various foreign currencies,...
Angola withdraws from OPEC due to the plan to reduce oil...
On Thursday, the Angolan government declared its intention to withdraw from OPEC. The reason behind this decision is the organization's production reduction plan, which...
Iraq awards Shanghai Electric to build a sea water desalination plant
Shanghai Electric, a Chinese state-owned company, has been awarded a contract by the Baghdad government to construct a seawater desalination plant in Southern Basra...
IDC Reclaims 2 Wells for North Oil Company
The Iraqi Drilling Company (IDC) has reclaimed two oil wells in Khabbaz and Jambur. oil fields in Kirkuk.
The Khabbaz/45 well was reclaimed as part of...
Houthi attacks in the Red Sea raise oil prices… Brent to...
Oil prices increased by up to 1% on Friday due to ongoing tensions in the Middle East following Houthi attacks on ships in the...
Parliamentary demands to expedite the approval of a new salary scale
On Thursday, the Parliamentary Economy, Industry, and Trade Committee called on the government to expedite the procedures for approving the new salary scale.
During an...
New Guides to Investment in Kurdistan Region of Iraq
The Kurdistan Regional Government (KRG) has released two new investment guides for the Kurdistan Region of Iraq (KRI).
This guide is designed to provide an...
Bloomberg: The value of shipping through the Red Sea increased by...
Attacks on ships passing through the Red Sea have increased the demand for shipping, transporting goods from manufactured items to oil and other commodities.
Since...
Oil stabilizes and a barrel of Brent hovers near $80
Oil prices remained stable on Thursday as Brent hovered around $80 a barrel. However, concerns regarding disruptions to global trade in the Red Sea...
Iraq sends 10 million liters of fuel to Gaza
On Thursday, the Iraqi Red Crescent announced that a ship carrying 10 million liters of fuel had departed from the port of Basra to...
Iraqi News
An economist rules out a drop in oil prices due to Trump’s tariffs.
monetary expert Diaa Al-Mohsen ruled out, on Sunday, a decline in oil fees due to the tariffs imposed by means of US President Donald...
Labor launches a campaign to distribute health insurance books among people with disabilities.
Minister of exertions and Social Affairs Ahmed Al-Asadi released a campaign to distribute medical insurance booklets to humans with disabilities and special wishes in...
“Positions Jockeyed” in Iraq as Sudani announces Electoral Bid
Positions jockeyed in Iraq as Sudani announces electoral bid
top Minister Muhammad Shia' Al-Sudani has formally declared his aim to run in Iraq's upcoming parliamentary...
In six months, the Ministry of Education recovers 5 billion dinars to the state...
The Ministry of training discovered, on, that it had recovered financial sums exceeding 5 billion Iraqi dinars to the state treasury at some point...
Oil Ministry: Shatt Al-Basra gas pipeline project is in its final stages
The Ministry of Oil confirmed on that the Shatt Al-Basra gas pipeline assignment is in its very last levels completion.
In a statement acquired by...