By John Lee. Philippines-based International Container Terminal Services Inc. (ICTSI) has said it has increased its volumes by 12 percent over the past year, mainly due to the continuing volume ramp-up at its terminal at Umm Qasr port. The company inaugurated the first phase of its $130-million greenfield port development at Basra Gateway Terminal (BGT) […]
By John Lee. The head of an Irish engineering firm has said his company is aiming to increase its work at Iraq's West Qurna oilfield. In an interview with John Reynolds for the Irish Independent, Michael Looby (pictured), Founder and Managing Director of ByrneLooby, added: "Southern Iraq is stable and well-developed. Our clients are very […]
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. In a meeting held Feb. 21, Najaf’s provincial council followed in the footsteps of Dhi Qar, Muthanna, Wasit and Diwaniyah and voted against the privatization of the electricity sector in […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria, conducting 22 strikes consisting of 82 engagements against ISIS targets on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in […]
In Mosul a battle is raging to take back the city from ISIL. As the fighting ends, essential work is ramping up to make sure that people who have been displaced by occupation and war can return to their homes as fast as possible - and stay there. Already in the past year, the United […]
By John Lee. The President of the Iraqi Business Council in Amman has called for the re-opening of Tureibil [Tarbiel, Tirbil, Traibil, Trebil, Turaybeel] border crossing between Jordan and Iraq. According to a report from Petra, Majid Al Saedi said the move would boost the two countries' economies and enhance trade, which has dropped significantly […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The battle for Mosul has displaced more than 275,000 people, but the number of killed and injured civilians is harder to document. Make-shift hospitals have been set up to deal with the constant […]
By John Lee. The White House has said US President Donald Trump will host Iraqi Prime Minister Haider al-Abadi in Washington later this month. AFP describes the visit as a "fence-mending meeting", following the tensions between Washington and Baghdad since Trump introduced a ban on Iraqis visiting the United States; Iraqis were subsequently excluded from […]
By John Lee. The Iraqi Oil Ministry has said that the North Refinery Company (NRC) has successfully added 10,000 barrels per day (bpd) capacity at Kirkuk oil refinery. The new unit brings total capacity to 40,000 bpd, with another 10,000 bpd planned to be added by the end of the year. It will produce oil […]
By John Lee. The US State Department has said human rights abuses were widespread in Iraq over the past year, adding that the civilian authorities were not always able to maintain effective control of all security forces. In its Country Reports on Human Rights Practices for 2016, it says that while donor funding increased, the […]
For a young Yazidi woman who survived upheaval and displacement in northern Iraq, hope and stability finally arrived in an unexpected form: plump brown quails, and their tiny speckled eggs. Gulistan, 23, lives in the predominantly Christian and Yazidi district of Alqosh in the northern reaches of Ninewah Governorate. In the summer of 2014, the […]
Gazprom Neft Badra — a subsidiary of Russia's Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is running at 23,000 barrels per day, with daily production at the field totalling 77,000 barrels. All three wells are operating under […]
