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Iraqi Dinar Prospects: Reality Check After Six Months of Trump

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar Prospects: Reality Check After Six Months of Trump Six months into Donald Trump's return to the...

Iraq’s state oil marketer identifies tankers illegally loading at key ports

Iraq’s state oil marketer SOMO has identified several tankers suspected of loading petroleum products illegally from the ports of Umm Qasr and Khor al-Zubair, according to an official letter dated Sunday and seen by Reuters. The tankers allegedly...

Construction nears halfway point on Minnesota Military and Veterans Museum

Construction nears halfway point on Minnesota Military and Veterans Museum

CAMP RIPLEY — Taking shape and nearing the halfway point of completion, the Minnesota Military and Veterans Museum welcomed stakeholders to view its progress outside of Camp Ripley. On Wednesday, July 23, the museum gave three tours to around 50...

Iraq boosts national grid with floating plants

Iraq boosts national grid with floating plants

2025-07-29T17:17:30+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad On Tuesday, Iraq’s cabinet approved the deployment of floating power stations with a combined capacity of 590 megawatts to help ease pressure on the national grid...

Analysis: China’s clean-energy exports in 2024 alone will cut overseas CO2 by 1%

Analysis: China’s clean-energy exports in 2024 alone will cut overseas CO2 by 1%

Top 10 countries for avoided CO2 emissions from China’s overseas engagements, by type of activity and technology, MtCO2. Source: Analysis by Lauri Myllyvirta for Carbon Brief.Assuming that all the overseas financing deals announced in 2023–24 are...

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

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

Iraqi workers pump oil at the Shirawa oilfield, where oil was first pumped in Iraq in 1927, outside the northern city of Kirkuk 19 January 2004. [Getty] Turkish Energy Minister Alparslan Bayraktar said a proposed new energy agreement between...

OPEC SG to Attend Baghdad International Energy Forum

By John Lee. The Ministry of Oil has announced that the upcoming Baghdad International Energy Forum will feature high-level participation, including a keynote address by OPEC Secretary General Haitham Al Ghais. The event is scheduled to take place...

Saudi Company discusses Petrochemical Partnership in Basra

By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, chaired a meeting at the Ministry's headquarters to explore a potential partnership agreement with Saudi company Ajyal for the establishment of a petrochemical complex...

Iraq to issue Development Road tenders in packages

Iraq to issue Development Road tenders in packages

Iraq intends to invite bids from international companies in late 2025 for ‘The Development Road’ the $17 billion mega multimodal project that will link Iraq to Europe via Turkey, an official said on Friday. The Development Road involves the...

Turkish and Lebanese Companies to build new Tigris Bridge

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday launched the construction of Al-Kriat [Al-Kari'a] Bridge over the Tigris River as part of the Baghdad reconstruction campaign, specifically targeting the revitalisation of the holy...

Iraqi Kurdistan oil output at around 120,000 bpd, Kurdish officials say

BAGHDAD - Oil production in Iraq's semi-autonomous Kurdistan region has reached around 120,000 barrels per day (bpd) and is expected to rise to an average of 280,000 bpd by mid-August, two Iraqi Kurdish energy officials said on Sunday. No timeline...

Ag Progress Days 2025 Coverage: Stay Up To Date On Penn State's Annual Agricultural Event

Ag Progress Days 2025 Coverage: Stay Up To Date On Penn State's Annual Agricultural Event

State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska...

Iraqi Drilling Company to Spend $172m on New Equipment

By John Lee. The Iraqi Drilling Company (IDC) is set to expand its operations following a high-level meeting chaired by Bassem Mohammed Khudair, Deputy Minister of Oil for Upstream Affairs, at the company's headquarters. The session was held in...

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

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

(Beirut) – 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, Human Rights Watch said today. The drone strikes mark a...

TrendingSiege on Sweida, and anger after clashes in Iraq

TrendingSiege on Sweida, and anger after clashes in Iraq

Food and medicine levels are critically low in Sweida, Syria. Deadly clashes in Iraq have fuelled anger across the country. Wildfires rage in Turkey, Greece and Albania. On today's episode of Trending Middle East: Sweida running out of supplies...

How energy politics fuels global militarisation

How energy politics fuels global militarisation

In the contemporary world, energy is no longer merely a commodity; it is power, influence, and a principal driver of militarisation. As the global economy continues to rely on oil, gas, and critical minerals, states have increasingly turned to...

Iraqi Planning Ministry Explores "Dollar Journey" in Iraqi Economy

By John Lee. The Ministry of Planning has hosted a consultative session on the "Journey of the Dollar in the Iraqi Economy: Between Monetary Policy and the Market." Organised by the Department of Economic and Financial Policies, the session...

The Energy Report: They Said It Couldn't Be Done

The Energy Report: They Said It Couldn't Be Done

Trump’s tariffs that were enacted under the international emergency powers act starting in April 5th 2025 generated over $27 billion in revenue in June alone and that was up $6 billion from June of 24. In fact the Congressional Budget Office...

Energy Sector Drags as Oil Prices Weigh on Profits

Energy Sector Drags as Oil Prices Weigh on Profits

We are still in the early innings of the ongoing earnings season, with only a third of S&P 500 companies having returned their second quarter scorecards. According to FactSet, blended earnings growth rate for the S&P 500 is clocking in at 6.4%...

Iraq vows action after drone attacks on Kurdistan

Iraq vows action after drone attacks on Kurdistan

2025-07-28T14:28:09+00:00 font Enable Reading Mode A- A A+ Shafaq News – Erbil On Monday, Iraq’s National Security Adviser Qassem al-Araji emphasized that the security of the Kurdistan Region is essential to the country’s overall stability, citing...

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