Jun 6, 2024 · In addition to economic challenges, grids and electricity storage have been a significant constraint on clean energy transitions. But spending
May 20, 2025 · The Kurdistan Regional Government (KRG) has signed two major contracts with American energy companies, collectively valued at $110 billion. This represents the first oil
Aug 19, 2025 · The country has invested heavily in ultrahigh voltage transmission lines, which can carry electricity efficiently over long distances, and in all types
Jan 16, 2021 · Corruption still swallows hundreds of billions of dollars, not helped by a rudderless government more invested in its survival than providing leadership.
Jul 20, 2022 · Renewable energy projects attract the most development funding in Africa The report also finds that between all public lenders, renewable energy
Apr 10, 2022 · Before committing $2 billion to Mr. Kushner''s fledgling firm, officials at a fund led by the Saudi crown prince questioned taking such a big risk.
Nov 7, 2023 · With the country so sorely dependent on oil revenues, which still represent around 87% of the government''s budget, the 1980s oil crash hit the
May 20, 2025 · The semi-autonomous Kurdish region of Iraq has unilaterally signed two energy deals with US companies to develop natural gas resources − a move that has angered
Jan 15, 2025 · Billions of dollars will be needed to rebuild Gaza after the war between Israel and the Palestinian group, Hamas, according to assessments
Beginning in the earliest days of the war in Iraq, the New York Federal Reserve in New Jersey, shipped billions of dollars in physical cash to Baghdad. The money came from Saddam
May 20, 2025 · The combined estimated value for the agreements with HKN Energy-led joint venture and WesternZagros is at "tens of billions of US dollars", a statement said. No more
Nov 7, 2023 · Twenty years after the start of the military operation that led to the fall of Saddam Hussein''s regime, Iraq is still trying to reclaim its status as a
May 21, 2025 · The agreements, valued in the tens of billions of dollars, were announced during an official visit of PM Masrour Barzani to Washington. Erbil
The Fed made a $750 million shipment to Baghdad International Airport on April 26. On May 18, they brought $1 billion. The biggest single shipment ever made by the Fed anywhere—$2.4 billion—arrived on June 22. In total, the Fed brought $4.2 billion to Baghdad.
The court demanded it hand over all of the oil sector’s activities to Baghdad – including exports. A 2023 arbitration ruling forced the region's exports through Turkey to halt, cutting off a major source of revenue for Erbil, the capital of the Kurdish region, and leaving it struggling to fulfil salary payments.
AP Photo The semi-autonomous Kurdish region of Iraq has unilaterally signed two energy deals with US companies to develop natural gas resources − a move that will anger Baghdad, which has been trying to control the region’s oil and gas industry.
The cash was off-loaded and counted by Treasury Department personnel. The money was transferred to a C-130 transport plane and arrived in Baghdad the next day, making it the largest one-day shipment of currency in the history of the New York Fed.
The Fed sent a total of $5 billion in cash shipments to Iraq during the C.P.A.'s final three months. On May 18, they made a $1 billion shipment, followed by a $2.4 billion shipment on June 22, and another $1.6 billion three days later.
The gas production is planned for domestic supply in the region, with potential to meet demand for other parts of Iraq and the wider region, HKN Energy and WesternZagros said.
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