Category Archives: Uncategorized

Barzani calls on all political parties to participate in the Kurdistan Parliament sessions. On Wednesday, Kurdish leader Masoud Barzani congratulated the people of Kurdistan, the Presidency of the Regional Parliament, and the political forces on the occasion of the parliament … Continue reading →

The Amarah gas separation plant begins trial oil production at 3,000 barrels per day. The Iraqi Ministry of Oil announced on Wednesday that the operational and technical staff at the Amarah gas separation plant in the Missan Oil Company have … Continue reading →

Iraqi oil prices plummet… Basra Heavy crude hits $70.15 Iraqi oil prices fell by more than 5% on Wednesday, with Basra Heavy and Medium crude dropping by about $4 per barrel, coinciding with the downward trend in global energy markets. … Continue reading →

The Director General of the Iraqi Oil Tankers Company was suspended and referred for investigation. An informed source reported on Wednesday that the Director General of the Iraqi Oil Tankers Company, Ali Qais, has been suspended and referred for investigation, … Continue reading →

100 trillion dinars are circulating outside banks, and Iraqis continue to prefer cash. Indicators from the Central Bank of Iraq showed a continued rise in the volume of currency circulating outside the banking system, reaching about 100.183 trillion dinars at … Continue reading →

The Kurdistan Democratic Party: Activating Parliament is a step to protect the region’s entity, and its doors are open to all. The spokesman for the Kurdistan Democratic Party, Mahmoud Mohammed, said on Wednesday that the Kurdistan Parliament holding its first … Continue reading →

A deficit of 43 trillion dinars: Balancing inflation and the refusal to increase Kurdistan’s share The federal budget is facing a critical financial juncture due to unprecedented inflation in operational spending and a mounting deficit. Economic warnings are mounting about … Continue reading →

Iraqi oil company reaches agreements with US-based Chevron regarding the West Qurna-2 oil field contract. Iraqi Oil Minister Bassem al-Abadi announced on Tuesday that agreements had been reached with US company Chevron to sign a contract for the West Qurna-2 … Continue reading →

Iraqi oil exports rise to 3.35 million barrels, driving a recovery in Gulf flows. Iraq’s oil exports rose by 9.5% during October, reaching 3.35 million barrels per day, approaching pre-war levels, at a time when the most prominent Arab oil-producing … Continue reading →

The Iraqi government will hold an extraordinary session on Saturday to vote on the 2027 budget. A government source reported on Tuesday that the Iraqi cabinet will hold an extraordinary session next Saturday, chaired by Prime Minister Ali al-Zaidi, to … Continue reading →