MOL Makes Discovery in Akri-Bijeel Block in Kurdistan

Hungarian oil and gas group MOL has made a discovery in Akri-Bijeel Block in Kurdistan Region of Iraq. The testing results are promising, it said in a statement on 10 March, Portfolio Hungary reported. According to the official announcement: “Gulf Keystone is pleased to announce that Kalegran Ltd., a 100% subsidiary of MOL Hungarian Oil […]

Election Watch – Partial Results from All Constituencies

The BBC reports that partial results are now in from all 18 provinces, and Nouri al-Maliki has strengthened his lead over main rival Iyad Allawi. His State of Law coalition is leading in seven provinces, including Baghdad and Basra. Baghdad is the largest constituency, with 70 seats from the total of 325. The Iraqi National […]

23 Centers to Combat Illiteracy in Karbala

Twenty-three centers have been opened in Karbala to combat illiteracy, the province’s governor said on Sunday. “This has been done in cooperation with the education department in Karbala”, Eng. Amal al-Din al-Hir told Aswat al-Iraq news agency. A total of 600 people, including 200 women, aged between 15 and 55 years, will enroll at those […]

Minister Calls on Dutch Companies to Invest in Iraq

The Minister for Transport Amer Abdul-Jabbar Ismail received the Dutch ambassador to Iraq, Peter van Levin, on Sunday. During the meeting, the two reviewed ways of developing cooperation between the two countries. According to a statement issued by the Ministry of Transport, the Minister called for Dutch companies to invest in the transport sector in […]

Water Resources Ministry Begins Reclamation Works in Anbar

The Iraqi Ministry of Water Resources on Sunday said it has begun reclamation works along the Euphrates River in Anbar. “Technical teams and engineers from the State Authority for Irrigation and Reclamation Projects are currently doing reclamation works on a total area of 103,000 donums along the Euphrates River,” read the statement that was received […]

Basra – Lowest Unemployment Iraq

A discussion loop in Basra on Sunday showed that the province has the lowest unemployment rate throughout Iraq. “Unemployment is among the biggest challenges that face Iraqi economy,” a source insider to the loop told Aswat al-Iraq news agency. She said that unemployment negatively affects economic and social circumstances in Iraq. (Aswat Al Iraq)

OPEC Concern over Iraq Oil ‘tsunami’

‘You could be looking at 1.5 million barrels in two years,’ said a senior executive at one of the oil firms involved in Iraq. ‘That could make a huge difference to the supply and demand balance. Is there going to be that kind of demand pick up in that timeframe?’