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Tag: Iraq

Posted on August 1, 2025

Iraq’s budget shortfall crisis: can oil revenues save the second half of 2025?

In recent days, Iraq’s finance ministry published its report for May 2025, detailing total expenditures and revenues. Notably, the oil revenue figures for that month – both in the report and on the …
Posted on July 30, 2025

Rafidain Bank settles 87% of Iraq’s external debt, boosting sovereign rating

Iraq’s Rafidain Bank announced it settled 87% of external debt, recovering $2.8M from lawsuits & boosting Iraq’s sovereign rating.
Posted on July 29, 2025

Iraq’s prime minister seeks closer US ties while keeping armed groups at bay

The prime minister of Iraq has kept his country on the sidelines as military conflicts raged nearby for almost two years. This required balancing Iraq’s relations with two countries vital to his power …
Posted on July 29, 2025

OPEC+ urges Iraq to submit plan to compensate for surplus oil output

OPEC+ urged Iraq to submit an updated plan to compensate for excess oil production above its quota under the production agreements.
Posted on July 29, 2025

Iraq: Damage to Kurdistan Region Oil Fields Puts Rights at Risk

Drone strikes on five oil fields in the Kurdistan Region of Iraq (KRI) by unknown groups between July 14 and 16, 2025, significantly damaged the region’s energy production.
Posted on July 29, 2025

NEOM Port halves transit time with new trade corridor linking Saudi Arabia, Egypt, Iraq

As part of the pilot project, the first shipments departed from Cairo, passing through Safaga Port. They left to the Port of NEOM across the Red Sea before overlanding to their destination in Erbil, …
Posted on July 29, 2025

Türkiye seeks full use of idled pipeline in new deal talks with Iraq

A proposed new agreement between Türkiye and Iraq must include a mechanism to ensure the full-capacity use of the oil pipeline between the two …
Posted on July 29, 2025

Turkey asks Iraq to ensure full use of oil pipeline in talks on new deal

Turkish Energy Minister Alparslan Bayraktar said a proposed new energy agreement between Turkey and Iraq must include a mechanism to ensure the full use of the oil pipeline between the two countries.
Posted on July 29, 2025

Turkmenistan, Iran Sign Natural Gas Deal That Includes Plan To Build …

Turkmenistan and Iran signed a contract on July 3 for the delivery of 10 billion cubic meters of Turkmen natural gas per year, which Iran will then ship to Iraq. Accessibility links.

( read original story …)



Posted on July 28, 2025

Iraq to produce 12GW of Solar Power by 2030

By John Lee. The Iraqi Oil Ministry’s Undersecretary for Distribution Affairs, Ali Maarij, has said that Iraq aims to incorporate 12 Gigawatts (GW) of solar power into its energy mix by 2030, …

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