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Buzurgan Oil Complex Launches Gas Compression Unit to Maximize Associated Gas Utilization

The Buzurgan Oil Complex has announced the development of a new gas compression unit capable of processing up to 70 million standard cubic feet...

Iraq’s Mining Industries Nears Completion of Solvent Production Plant

The General Company for Mining Industries, under Iraq’s Ministry of Industry and Minerals, has announced that its solvent production plant in Salah Al-Din province...

Iraqi Drilling Company Completes First Well in Qayyarah Oilfield

The Iraqi Drilling Company (IDC) has successfully completed drilling the first well (LF2) in its contract with Sonangol to drill 13 oil wells in...

Iraq Explores Blue Ammonia Plant Development in Basra

On March 4, 2025, the National Investment Commission (NIC) met with KBR to discuss the development of Iraq's first blue ammonia plant in Basra. The...

$600K Contract Awarded for Housing in Anbar

Al-Fityan Company For General Contracts secured a $608,961 contract with the United Nations Office for Project Services (UNOPS) to build 20 housing units in...

US Dollar Exchange Rate Drops Against Iraqi Dinar

On Wednesday, the US dollar's exchange rate against the Iraqi dinar fell in both Baghdad and Erbil markets. The rate decreased with the opening of...

Gold Prices Edge Higher in Baghdad, Remain Stable in Erbil Markets

On Thursday, gold prices saw a slight increase in Baghdad while staying stable in Erbil markets. On Baghdad's Al-Nahr Street, the selling price for 21-carat...

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