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DNO Steps Up Production at Peshkabir Field

DNO ASA, the Norwegian oil and gas operator, today announced a tripling of production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd) following completion of the Peshkabir-3 well testing, stimulation and cleanup program. A total of 11 zones in a 1.2 […]

Iraqi Airspace Flight Restrictions Relaxed

By John Lee. The United States Federal Aviation Administration (FAA) has reduced its flight restrictions in Iraqi airspace, though some restrictions will remain in place. It had previously prohibited all US civilian flight operations over the country due to risks relating to the armed conflict with the Islamic State group. Rudaw quotes a statement from […]

Tehran-Baghdad sign One-Year Oil Swap Deal

Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for one year. “This is an agreement for one year and then we will see after that […]

PM announces Defeat of Daesh

By John Lee. Iraqi Prime Minister Haider al-Abadi has declared “the ending of entire clearance of the Aljazeera in Nineveh and Anbar completely, and we have full control along the Iraqi-Syrian … Border.” Al-Abadi has said that the victories were achieved by unity and determination. “The enemy wanted to destroy our country and civilization and […]

Iraq “Fully Implements” Chapter VII, Oil-for-Food Program

The UN Security Council announced on Friday that all the measures imposed in its resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations in relation to the Iraq oil-for-food programme had been fully implemented. Unanimously adopting resolution 2390 (2017), the Council welcomed the fact that the remaining funds in the […]

Video: Has ISIL been Defeated in Iraq?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In 2014, ISIL announced it was taking over nearly all of Iraq and Syria. But three years later and billions lost, Iraq’s Prime Minister Haider Al Abadi says his military has defeated the […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

KRG efforts to Simplify Access to Govt Services

Key Ministers and officials from the Kurdistan Region of Iraq (KR-I) alongside representatives of the private sector, civil society, labour unions, the international community, donors and development agencies convened at a high-level conference yesterday in Erbil on E-Governance and Public Service Centres. The Ministry of Interior of the KR-I organized the conference under the auspices […]

The Child Labourers of Baghdad

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Child labour is illegal in Iraq. But if there is death or disease in the family, minors are often forced to work. The authorities responsible for policing labour laws take […]

Funding Facility for Stabilization Q3 Report

By the end of the third quarter of 2017, UNDP’s Funding Facility for Stabilization (FFS) was undertaking 1,208 projects in 23 cities across five governorates in Iraq. Over one quarter of the projects were being implemented in the city of Mosul, which was fully liberated in July 2017. The liberation of all of Mosul marked […]

Delay looks likely for Iraqi Elections

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  It’s beginning to look like Iraq won’t make it to the polls on time — again. Though Prime Minister Haider al-Abadi just announced Dec. 5 that parliamentary and local elections will be […]