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Iraq Faces Economic Crisis Over Oil Revenue Payouts

A rising demand for direct payouts from Iraq’s oil revenues is fueling lawsuits and economic concerns. Experts warn that this could push Iraq to...
Economy

Iraq Boosts Middle East Gas Production by 2.2%

Natural gas output in the Middle East grew by 2.2% in 2024, reaching 741 billion cubic meters. Taqa, an energy platform, reports that the increase...
Energy

US Pushes to Resume Oil Exports from Iraqi Kurdistan

The United States is urging the Iraqi government to finalize an agreement with international oil companies (IOCs) to resume crude oil exports through the...
Economy

Italian-Turkish Consortium to Build Iraq’s Offshore Pipeline

Iraq's Council of Ministers has approved the awarding of the Third Offshore Pipeline Completion Project tender to an Italian-Turkish consortium. The project will be carried...
Energy

Iraqi Oil Pipeline Company Successfully Removes Illegal Tap in Nahrawan Area

The Iraqi Oil Pipeline Company has successfully removed an illegal tap on a 16-inch crude oil pipeline in the Nahrawan area, east of Baghdad. Ali...
Business

Spain Offers Support for Iraq’s Energy Sector Growth

The Spanish Ambassador to Iraq, Alicia Rico, announced on Monday that Spain is ready to support the growth of Iraq’s energy sector. Rico made the...
Business

Iraq Negotiates Liquefied Gas Deal with Algeria

Iraq is currently negotiating a liquefied natural gas (LNG) deal with Algeria, which is expected to be finalized by next summer. The agreement aims...
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