Global energy markets rattled as oil tankers retreat from Hormuz following...
Tensions in the region just spiked again—and the reaction was immediate.Two massive oil tankers suddenly turned around at the entrance of the Strait of...
Basra-Haditha Oil Pipeline Moves to Direct Bidding Process
The Iraqi government has made a change to its plan for the Basra–Haditha oil pipeline project.Instead of using the old tender process, the government...
US Finalises Measure Against Iraq-based Bank
FinCEN Issues Final Rule Against Iraq-Based Al-Huda Bank to Combat Terrorist Financing Today, June 26, 2012, the Financial Crimes Enforcement Network (FinCEN) of the...
Iraqi Cabinet Approves 2 Solar Energy Projects
The Iraqi Council of Ministers has accepted key measures to develop foremost solar strength tasks, reinforcing the u . s . a .'s push...
Iraq, Saudi Arabia discuss developing solar energy facility in Najaf
The Iraqi Minister of energy, Ziyad Ali Fadel, and representatives of the Saudi Arabian popular funding Authority (SAGIA) and a Saudi-primarily based commercial enterprise...
Dana Gas Resumes Production at Khor Mor Gas Field
Dana Gas has restarted production at the Khor Mor gas facility in Iraq’s Kurdistan region after facing disruptions in recent weeks.The company said operations...
Economist on the decline in dollar prices: My time and it...
Financial analyst Nabil Jabbar Al-Ali precluded, today, Thursday, that the dollar swapping scale against the dinar would arrive at its true rate set by...
Iraq’s revenues from oil exports exceeded $8.025 billion in January
The oil ministry in Iraq verified on Friday that the country's oil export earnings for January exceeded $8.025 billion.The State Organization for Marketing of...
Basra crude oil prices, both heavy and medium grades, rose by...
Prices of Basra crude oil moved higher on Tuesday, rising by more than 2% as global markets stayed volatile.Basra Heavy crude climbed by $2.48,...
Al-Abadi has zero seats, so what about Al-Kadhimi? Al-Moussawi speaks to...
Political analyst Jassim al-Moussawi asserted that the recent withdrawals from the electoral race, each by means of the Sadrist motion and a few different...
Turkish Firm to Double Electricity Interconnector Capacity to Iraq
under the agreement, the primary segment will see the supply of 300 MW via the Jazira-Kesk 400kV line in Nineveh province, with full ability...
Citizen and exchange rate
In financial matters, the outer worth of a money lies within the sight of an equilibrium or surplus in the ongoing record of the...
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...