Page 6 - Iraq

Iraq oil minister Ihsan Abdul-Jabbar Ismail says gas sector a priority

Iraq's oil sector is rebounding after a catastrophic year triggered by the coronavirus pandemic, with key investment projects on the horizon, Iraq's oil minister said Friday. But he also warned that an enduring bureaucratic culture of fear threatens to stand in the way. Iraq is currently trading oil at $68 per barrel, close to the approximately USD 76 needed for the state to operate without reliance on the central bank to meet government expenditures. Oil Minister Ihsan Abdul-Jabbar Ismail took over the unenviable job of supervising Iraq's most vital industry at the height of an oil price crash that slashed oil revenues by more than half last year. Since then, he has had to balance domestic demands for more revenue to fund state coffers and pressure from OPEC to keep exports low to stabilise the global oil market. With the sector rebounding, Ismail told The Associated Press, he can now focus on other priorities. In the interview, he offered a rare glimpse into the inner-workings of

Multiple missiles target US troops, contractors in Iraqi army bases

Multiple rockets have targeted two Iraqi military bases hosting US-led coalition troops and foreign contractors, Iraqi security officials and the military said

Automobile giant TVS Motor expands in Iraq, launches two new products

TVS Motor Company on Monday said it will launch two new products in Iraq as part of its expansion plan in that country

82 die after oxygen cylinder explodes at Iraq coronavirus hospital

The death toll from a massive fire in a Baghdad hospital for coronavirus patients rose to 82 Sunday, as anxious relatives searched for those missing

Islamic State remains a threat in Syria, Iraq and beyond: US envoy

ISIS has intensified its focus on the activities of its branches and networks

Iraqi, Egyptian, Jordanian foreign ministers meet over trilateral summit

Egyptian and Jordanian Foreign Ministers met their Iraqi counterpart during which they discussed preparation for a summit expected to bring together the leaders of the three countries

Iraq's SOMO awards fuel oil supply contracts to Chevron, Reliance

Iraqi state-owned marketer SOMO has finalised a term contract to supply 750,000 tonnes of straight-run fuel oil (SRFO) per month from April to September, three fuel oil trade sources said

Iraq reports 4,901 new coronavirus cases, overall tally reach 763,085

The Iraqi Ministry of Health reported on Monday 4,901 new Covid-19 cases, raising Iraq's total nationwide infections to 763,085

On Iraq visit, Pope Francis denounces extremism as 'betrayal of religion'

Pope Francis denounced extremism in the name of religion as 'betrayals of religion' and called for friendship and cooperation between religions

Pope Francis on historic trip to Iraq, to meet Shia Muslim leader Sistani

Pope Francis, arrived in Iraq on Friday for a historic four-day tour of the war-torn country and will meet with its top cleric Grand Ayatollah Ali al-Sistani on Saturday.

Amid pandemic, pope goes to Iraq to rally fading Christians

Pope Francis heads to Iraq on Friday to urge the country's dwindling number of Christians to stay put and help rebuild the country after years of war and persecution

White House warns of military response to rocket attack on Iraq base

The White House warned that the US may consider a military response to the rocket attack on Wednesday that hit an air base in western Iraq where American and coalition troops are housed

Intense preparation paves way for Iraq's pontiff to meet Ayatollah

The geopolitical undertones weigh heavy on the meeting, along with twin threats from a viral pandemic and ongoing tensions with rocket-firing Iranian-backed rogue groups

In oil-rich Iraq, a few women buck norms, don hard hats at rig sites

The women, both 24, are among just a handful who have eschewed the dreary office jobs typically handed to female petroleum engineers in Iraq

India at UN: Fully support Iraq's request for UN observation of polls

Tirumurti said that international assistance to the Independent High Electoral Commission of Iraq and UN observation of the electoral process would enhance the credibility of these elections

Rockets strike near US base in Iraq, killing 1, wounding 5; Biden briefed

President Joe Biden has been briefed on the attack, which sparked fears of a new escalation in the region, according to a White House official

Iraq High Electoral Commission invites 52 countries to monitor elections

Jumana al-Ghalai, spokeswoman of the IHEC, told al-Sabah that IHEC's law allows the recruitment of international observers to monitor the election process to ensure its transparency

Iraq says OPEC+ cuts unchanged in March meeting, but easing after

Iraqi Oil Minister Ihsan Abdul Jabbar said he anticipated an oil price of $58 to $63 in 2021. The minister spoke at a news briefing in Baghdad

Baghdad security breach won't be repeated: Iraqi PM Mustafa al-Kadhimi

A statement by his office said that al-Kadhimi's comments came during the extraordinary session of the Ministerial Council for National Security a day after the deadly twin suicide bombings

Twin suicide bombings rock central Baghdad; at least 32 dead, 100 injured

No one immediately took responsibility for the attack, but Iraqi military officials said it was the work of the Islamic State group