An oil expert identifies the reasons for the decline in prices.....
An oil expert named Hamza Al-Jawahiri explained on Monday that the decrease in oil prices, despite the reduction in OPEC Plus production and ongoing...
A parliamentary committee proposes a solution to the controversial points regarding...
Kazem Al-Touki, a member of the Parliamentary Oil, Gas, and Natural Resources Committee, stated on Monday that political discussions between Baghdad and Erbil are...
The Ministry of Oil opens a crude processing unit in a...
On Sunday, the Ministry of Oil announced that they have completed drilling the longest horizontal section of an oil well in the Tanuma reservoir,...
Iraq go against fossil fuel plans at COP28
Iraq and other oil-exporting countries refused to reduce or abandon fossil fuels at Dubai's UN Climate Change Conference (COP28).
As the climate conference draws to...
Oil prices are falling and a barrel of Brent is below...
Oil prices stabilized on Monday despite OPEC+ cuts and concerns about excess supply and a decline in fuel demand next year.
Brent crude futures dropped...
Using pure ammonia as fuel for its marine tankers
The world's first container carrier to run on pure ammonia fuel will pass through.
Yara Clean Ammonia, North Sea Container Line, and Yara International are...
1.2 million new bank accounts were opened in Iraq within 9...
On Sunday, the Association of Private Banks announced that they had created over 1.2 million new bank accounts in 9 months, bringing the total...
Baghdad launches a loan worth 700 billion dinars to finance the...
Today, the Ministry of Finance has launched a 700 billion dinars loan to finance the salaries of Kurdistan region employees.
The Ministry has issued a...
The Central Bank explains the disappearance of large amounts of local...
On Saturday, the Central Bank of Iraq denied allegations that large amounts of Iraqi currency had disappeared and been smuggled to neighboring countries.
The Central...
Oil announces the completion of drilling a new well in record...
On Sunday, the Ministry of Oil announced they had finished drilling a new oil well in record time.
The Ministry has released a statement confirming...
Central Bank sales exceed one billion dollars in five days
In the past week, the Central Bank of Iraq sold over $1 billion worth of hard currency to the US dollar.
According to a report...
Deputy: Residential investment complexes will not solve the crisis due to...
Representative Ahmed Al-Moussawi confirmed on Saturday that the establishment of residential investment complexes is not economically feasible due to their high prices.
Al-Mousawi stated in...
Iraqi News
Al-Hamami: Forces are trying to obstruct the Popular Mobilization Forces Law, but we will...
MP Aref al-Hamami showed on Tuesday that there are forces trying to obstruct the passage of the famous Mobilization Forces (PMF) law, noting that...
Rasheed Bank Launches Solar Energy Loans
state-owned Rasheed bank has launched specialised loans for getting renewable energy structures, particularly solar panels, with financing provided immediately by means of the imperative...
Drop in Iranian Gas Cuts 3,800 MW from Iraq’s Grid
Iraq's Ministry of power has showed a sharp decline in fuel substances from Iran, inflicting a loss of about 3,800 megawatts from the country...
An unprecedented digital leap: The Iraqi government achieves a breakthrough in electronic payments.
A senior government supply discovered vast development executed by using the Iraqi authorities within the area of electronic bills and monetary inclusion, stressing that...
OPEC+ Reaffirms Oil Market Strategy, Adjusting August Production
The 8 OPEC+ countries, consisting of Iraq, have reaffirmed their coordinated approach to oil marketplace balance and introduced a collective production adjustment for August...