Oil prices rose as supply pressures and global supply concerns persisted.
Oil prices climbed in early Asian trading on Monday after the OPEC+ alliance announced it would postpone planned production increases until the first quarter...
A political analyst stated that the coordinating framework will have the...
Political analyst Ibrahim Al-Sarraj says the Coordination Framework is likely to have the final word on choosing Iraq’s top leadership positions if other blocs...
Al-Hamami accuses the government of deliberately delaying the submission of budget...
MP Aref Al-Hamami warned of the consequences of the federal government's intentional delay in submitting the general budget schedules, accusing them of doing so...
Iraq to Boost Summer Power Supply through Karpowership Deal
Iraq's Council of Ministers has permitted direct contracting with Turkiye's Karpowership group to beautify strength supply at some stage in the excessive-call for summer...
After completing discussions, the Industrial Investment Law is nearing enactment.
The Parliamentary funding and development Committee announced on Monday the of entirety of discussions on the commercial funding law, confirming its readiness to be...
Al-Sudani: Iraq, with its production of more than 4 million barrels...
Despite Iraq producing over four million barrels of crude oil per day, the country has been importing oil derivatives for decades. On Friday, Prime...
Imprisonment of a convict who carried out illegal transactions
A prisoner who violated the law by continuing to observe transactions at the Karrada Al-Sharqiya Civil Affairs Department was sentenced to two years in...
IMF Pushes Reform of Iraq’s Banking System
a brand new record from the worldwide monetary Fund (IMF) has stated that the restructuring of kingdom-owned banks (SOBs) can foster the improvement of...
Parliamentary Energy Committee discusses electricity, production, distribution and stalled projects
the Parliamentary power Committee discussed with the concerned government the problem of strength, production, distribution, and stalled projects.A assertion by the committee received by...
Iraq to produce 55 billion cubic meters of natural gas by...
Iraq's natural gas production is predicted to rise dramatically by 2050, with the majority of this gas coming from the extraction of oil.Iraq is...
KRG comments on Genel Energy Arbitration Case
The Kurdistan local government (KRG) has issued a statement following its arbitration win in a dispute with Genel power.Genel announced last week that a...
Kurdistan gas ignites dispute again… US contract opens door to clash...
Member of the Parliamentary Oil Committee, MP Aso Faridon, highlighted the fast traits within the electricity document between the Kurdistan area and america, caution...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...