The US government is backing Iraq’s plan to transfer Lukoil PJSC’s stake in a giant oil field to an American company, days before a sanctions waiver on the Russian firm is set to expire.
Iraq and Italy explore Increased Economic Cooperation
By John Lee. Iraq’s Ministry of Trade has held talks with the Iraq-Italy Business Council (IIBC) on expanding economic cooperation and encouraging greater Italian investment in the Iraqi market.
Chevron discusses Oil Investment in Iraq
By John Lee. Iraq has held talks with US oil company Chevron on potential cooperation in developing the Nasiriyah oil field and possible engagement at the West Qurna-2 field. The discussions focused …
Iraq National Human Development Report 2025
Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Following the publication of two National Human Development Reports for Iraq in 2008 …
Iraq to amend published terror-finance list after erroneous inclusions
The committee clarified that Iraq’s approval was strictly limited to including individuals and entities connected to ISIS and al-Qaeda, and that the additional names appeared only because the list was …
Iraq shuts down Lukoil West Qurna 2 field due to leak, sources say
Iraq has shut down the entire oil production at Lukoil’s West Qurna 2 field of around 460,000 barrels per day due to a leak on an export pipeline, two Iraq energy officials told Reuters on Monday.
Iraq’s customs income hit $1.68 billion in 2025
Iraq’s BPC reported on Sunday an unprecedented increase in customs income, reaching 2.2 trillion Iraqi dinars ($1.68 billion) in 2025.
Less UN, fewer US soldiers — a new era for Iraq?
By the end of this year, the UN’s special mission to Iraq will conclude, and most US troops will have withdrawn. Some are celebrating Iraq’s newfound sovereignty, others say international pressure …
Iraq expresses ‘astonishment’ at US envoy remarks on decentralization, federalism
ERBIL, Kurdistan Region – Iraq on Sunday expressed “astonishment” at remarks by the United States Special Envoy for Syria, Tom Barrack, who dismissed the concepts of decentralization and federalism – …
The Destruction of Assyrian Graves in Iraq: Causes, Motives, and Future Risks
When those who vandalize, exhume, and desecrate graves face no accountability — when such incidents pass without firm legal action — the message conveyed to society is that these violations are …