Oct 29, 2024 · Jiyad: Disappointment at Latest Energy Licensing Round CNOOC Confirms Contract to Develop Iraq's Block 7 New Oil Concessions in Iraq: FULL LIST The Successes and Failures of Iraq's Energy Licensing Rounds

By John Lee. The Iraqi Ministry of Oil has reiterated that all crude oil exports adhere to global standards ensuring maximum transparency. According to a statement from the Ministry, Iraqi crude is sold to reputable international companies with certified refineries under Free on Board (FOB) terms from Iraqi export terminals.

Nov 8, 2024 · By John Lee. Iraq's Ministerial Council for Energy has decided to major develop the Diwaniyah refinery, with a capacity of 70,000 barrels per day (bpd). The decision, along with five others that were not specified in the Oil Ministry's statement, will be submitted to the Cabinet for approval. An expansion of the plant to 70,000

Oct 29, 2024 · By John Lee. QatarEnergy is to take a 50-percent stake in the TotalEnergies solar energy project in Iraq: Partnership Agreement: QatarEnergy has signed an agreement with TotalEnergies for a solar power project in Iraq as part of the Gas Growth Integrated Project (GGIP). Stake Distribution: QatarEnergy will acquire a 50% stake in the project, with

Apr 21, 2024 · By John Lee. Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC.. During the meeting, they discussed the government's efforts in implementing financial and banking reforms, aiming to revitalize the economic situation and achieve development.

Dec 11, 2024 · By John Lee. The Arab Tourism Organization (ATO) has selected Baghdad as the Arab Tourism Capital for 2025.. Prime Minister Mohammed S. Al-Sudani expressed his gratitude to everyone who contributed to this achievement, adding: "These initiatives aim to enhance service standards and modernize the capital's infrastructure to a level that reflects its historical and cultural stature and that of ...

Jan 13, 2025 · By John Lee. Prime Minister Mohammed S. Al-Sudani has chaired a meeting with representatives from Ernst & Young (EY) to discuss the development of state-owned banks, focusing on the restructuring of Al Rafidain Bank and Al-Rasheed Bank.

Aug 29, 2024 · By John Lee. Iraq's Minister of Industry, Khaled Battal Al-Najm, discussed the contract procedures with China's Tsingshan Holding Group for the development of a specialized industrial city focused on iron and steel production in Basra.. The meeting, held on Monday with ministry officials and the Chinese delegation, reviewed the steps and details involved in finalising the agreement, which ...

Dec 19, 2024 · By John Lee. The Central Bank of Iraq (CBI) announced an expansion of foreign currency transfer options for local banks, adding the Jordanian Dinar and Saudi Riyal to the list. Iraqi banks are now also permitted to fund trade with Turkey in Euros, previously restricted to transactions with EU countries. These currencies join the existing

Jan 30, 2025 · By John Lee. The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership …