Latest news with #FederalBoardofSupremeAudit
Shafaq News
24-05-2025
- Politics
- Shafaq News
PM Al-Sudani orders crackdown on state funds misuse ahead of elections
Shafaq News/ Iraqi Prime Minister Mohammed Shia Al-Sudani on Saturday urged stronger action to prevent the misuse of state resources during campaigns for the upcoming November 11 parliamentary elections. In a meeting with Integrity Commission Chairman Mohammed Ali Al-Lami, Al-Sudani emphasized the need for robust oversight to ensure the elections reflect the true will of the Iraqi people, according to a statement from his media office. He called for closer coordination among the Integrity Commission, the Federal Board of Supreme Audit, and the Independent High Electoral Commission (IHEC) to monitor and respond to potential violations. Al-Lami confirmed that the commission had completed a comprehensive review and assembled specialized teams to detect misuse and uphold fair competition among candidates.
Shafaq News
21-05-2025
- Politics
- Shafaq News
Gross Negligence: Iraqi MPs urge investigation into Baiji refinery explosion
Shafaq News/ Iraq's Parliamentary Health and Environment Committee on Wednesday called for a full investigation into the recent explosion at Baiji refinery's fat-processing unit. In a formal request, Committee Chairman MP Majid Shingali urged the Federal Board of Supreme Audit, the Integrity Commission, and the Public Prosecution to pursue accountability, describing the incident as a result of 'gross negligence.' The committee also pointed to environmental reports citing unsafe levels of toxic chemicals around the refinery and flagged the facility's Hot Oil system as 'dangerously outdated,' attributing the explosion in Unit 109 to a major leak caused by poor maintenance. According to the committee, the blast caused injuries, fatalities, and significant infrastructure damage. It urged authorities to act swiftly to identify those responsible, stressing long-standing issues of mismanagement and repeated safety violations.
Saba Yemen
21-04-2025
- Business
- Saba Yemen
Iraqi Government Stresses Importance of Improving Work Environment for Oil Companies
Baghdad - Saba: Iraqi Prime Minister Mohammed Shia' Al-Sudani emphasized the importance of improving the work environment for oil companies operating in Iraq on Sunday, directing a reassessment of the licensing rounds' experience. This came during Al-Sudani's chairmanship of a meeting with representatives of major foreign oil companies operating in Iraq, attended by the Minister of Oil, relevant ministry officials, the Federal Board of Supreme Audit, the General Tax Authority, and the Employment Directorate of the Ministry of Labor and Social Affairs. During the meeting—the second of its kind, according to Russia's RT channel—several key issues were discussed, including mechanisms to halt gas flaring and optimize its utilization, water injection strategy, growth of investment in the oil sector, as well as work permits and social security. Whatsapp Telegram Email Print more of (International)
Shafaq News
20-04-2025
- Business
- Shafaq News
Iraqi PM calls for review of oil licensing after 15 years
Shafaq News/ On Sunday, Iraqi Prime Minister Mohammed Shia al-Sudani ordered a reassessment of the country's oil licensing rounds, more than 15 years after they were first introduced. According to a statement by the PM's media office, Al-Sudani met with representatives of major foreign oil companies operating in Iraq, along with officials, where he addressed several key issues in the energy sector, including on ending gas flaring, enhancing water injection, boosting oil field investment, and improving labor, social security, and regulatory coordination. Prime Minister Mohammed S. Al-Sudani chaired a meeting today, Sunday, with representatives of major foreign oil companies operating in Iraq, in the presence of the Minister of Oil, officials from the ministry, the Federal Board of Supreme Audit, the General Commission for Taxes,… — المكتب الإعلامي لرئيس الوزراء 🇮🇶 (@IraqiPMO) April 20, 2025 Iraq issued its oil licensing framework in 2009, launching a series of technical service contracts to attract foreign investment and rebuild its energy sector. Over the years, the country awarded multiple oil and gas fields through successive rounds, including the fifth and sixth, which concluded in 2024.
Iraqi News
20-04-2025
- Business
- Iraqi News
Iraq reviews measures to increase oil, gas production
Baghdad ( – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, chaired a meeting on Sunday with representatives of foreign oil firms operating in Iraq to review measures to maintain and raise oil and gas production rates. The Iraqi Minister of Oil, Hayan Abdul-Ghani, and officials from Iraq's Federal Board of Supreme Audit, the General Commission for Taxes, and the Employment Department of the Ministry of Labor and Social Affairs attended the meeting, according to a statement released by the Prime Minister's Office (PMO). The meeting addressed important issues, including approaches to stop gas flaring, the development of Iraq's oil industry, work permits, and social security. In order to maintain and raise production rates, Al-Sudani emphasized the necessity of removing barriers to project implementation and reaffirmed that the government prioritizes and views the relationship with these businesses as strategic. By adopting innovative technologies, boosting facility performance, and putting a stop to gas flaring, Al-Sudani reaffirmed the government's commitment to increasing production and reservoir operational effectiveness. Al-Sudani stressed the significance of optimizing the use of associated gas for the production of electricity and to sustain key industries such as steel, fertilizer, and petrochemicals. The Iraqi prime minister ordered a reevaluation of the licensing rounds 15 years after they were first introduced in light of advances in the oil and gas industry. Al-Sudani also emphasized the government's efforts towards developing infrastructure, strengthening security at facilities, and improving the business climate for oil businesses. Additionally, the prime minister indicated that the government seeks to increase cooperation with oil firms to guarantee the best possible use of Iraq's oil and gas resources in a way that advances the prosperity of the Iraqi people and achieves development objectives.
