Featured Stories
Resumption of Cargo Flights to Kurdistan Drones to Protect Iraqi Oil Infrastructure Sterling Global uses Micro MineWolf in Kurdistan Iraqi Crisis Highlights Need for Dialogue
 
Resumption of Cargo Flights to Kurdistan

Resumption of Cargo Flights to Kurdistan

By Patrick M Schmidt. International cargo flights to Kurdistan were set to resume today (Tuesday) following an announcement by the central government this month in reaction to the KRGs move for independence. The resumption of flights will impact a number of Turkish, Qatari, and Emirati airlines that operate out of the KRGs two main airports […]

Drones to Protect Iraqi Oil Infrastructure

Drones to Protect Iraqi Oil Infrastructure

By Patrick M Schmidt. During a tour of Rumaila oil field, the Iraqi Minister of Oil, Abdul Kareem al-Luaibi [Elaibi] , announced that two unmanned drones would begin flying over the vital oil infrastructure in the south of Iraq. His announcement marks the first time that drones have been used to protect energy interests. The […]

Sterling Global uses Micro MineWolf in Kurdistan

Sterling Global uses Micro MineWolf in Kurdistan

Sterling Global Operations puts first Micro MineWolf tracked armored vehicle into use in Kurdistan Sterling Global Operations (SGO) is operating the first Micro MineWolf (MW50) anti-mine armored tracked vehicle – designed for use in mountainous and other hard-to-access locations – in Kurdistan as part of SGO’s work supporting oil and natural gas exploration, demining projects, […]

Iraqi Crisis Highlights Need for Dialogue

Iraqi Crisis Highlights Need for Dialogue

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. After 10 years of difficulty in managing political and security crises, Iraq is in need of a new vision for the concept of political dialogue. The management of dialogue is not only […]

Gerstenlauer Takes Helm at GKP

Gerstenlauer Takes Helm at GKP

19 July 2014

Gulf Keystone Petroleum (GKP) has announced that Todd Kozel has decided to stand down from the Board of Directors of the Company and not to accept the previously announced role of Executive Director upon retiring as Chief Executive Officer. As such, Mr Kozel declined to seek re-election to the...

Read the full story

Posted in Oil & Gas0 Comments

President Talabani Returns

President Talabani Returns

19 July 2014

By John Lee. President Jalal Talabani returned to Iraq today for the first time since he suffered a stroke a year and a half ago. In the meantime he was receiving medical treatment in Germany. Although he is unlikely to take an active role in politics, Reuters reports that Talabani's return...

Read the full story

Posted in Politics0 Comments

Video: Cheney Accepts no Blame for Iraq

Video: Cheney Accepts no Blame for Iraq

19 July 2014

Former Vice President Dick Cheney blames the crisis in Iraq on President Obama and Iraq Prime Minister Nouri al-Maliki....

Read the full story

Posted in Politics, Security0 Comments

Video: Shia Opposition Criticise Maliki

Video: Shia Opposition Criticise Maliki

19 July 2014

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Deep divisions are hampering efforts to pick a new president, prime minister and speaker of the house, and the UN has warned of chaos if the political impasse...

Read the full story

Posted in Politics0 Comments

Iraq, the Full Picture

Iraq, the Full Picture

17 July 2014

Despite the often grim news coming from Iraq in recent weeks, many businesses are seizing the opportunity to go where others won't. In this week's newsletter, for example, we report on a new truck distribution deal in Iraqi Kurdistan, a Turkish company completing a storage tank project, and a...

Read the full story

Posted in Blog0 Comments

Zain Iraq Revenues Unfrozen

Zain Iraq Revenues Unfrozen

17 July 2014

By John Lee. Kuwait's Zain Group has announced that an Iraqi court has lifted a freeze on future revenue of Zain Iraq. But the company added that previously frozen revenues remain blocked, after a $4.5 billion lawsuit against the Iraqi firm was dismissed this month. In April, we reported...

Read the full story

Posted in Telecoms/Comms0 Comments

July Oil Exports to hit 2.6m bpd

July Oil Exports to hit 2.6m bpd

17 July 2014

By John Lee. Oil Minister Abdul Kareem al-Luaibi [Elaibi] (pictured) said on Wednesday that Iraq is currently producing oil at a rate of 3.15 million bpd, and expects exports this month to average 2.6 million bpd. Reuters quotes Luaibi as saying that the recent fighting in the north and west...

Read the full story

Posted in Oil & Gas0 Comments

UK Academic Sets a new First in Iraq

UK Academic Sets a new First in Iraq

17 July 2014

An academic from the University of Leicester has been named as the first international examiner for postgraduates in Iraq by the Dean of the College of Medicine at the University of Kufa, Iraq. Professor David Lambert of the University's Department of Cardiovascular Sciences and Director of...

Read the full story

Posted in Education & Training0 Comments

KRG Delegation visits Ankara

KRG Delegation visits Ankara

17 July 2014

Kurdistan Regional Government Spokesperson Safeen Dizayee (pictured) said that yesterday a KRG delegation, headed by Deputy Prime Minister Qubad Talabani and including Minister of Natural Resources Dr. Ashti Hawrami, Minister of Finance and Economy Rebaz Muhammad, and Spokesperson Safeen Dizayee,...

Read the full story

Posted in Industry & Trade0 Comments

KRG Rejects Dana Gas Statement on Payments

KRG Rejects Dana Gas Statement on Payments

16 July 2014

By John Lee. The Kurdistan Regional Government (KRG) has rejected a statement by Abu Dhabi-listed Dana Gas to the effect that the London Court of International Arbitration had awarded the company the right to receive some outstanding payments from the Kurdish government. Dana Gas said on...

Read the full story

Posted in Oil & Gas0 Comments

Iraqi Parliament Elects Speaker

Iraqi Parliament Elects Speaker

16 July 2014

By John Lee. Iraqi MPs have elected Sunni lawmaker Salim al-Juburi [al-Jabouri] as the new speaker with 194 votes in the 328-seat parliament. According to a report from Al Jazeera, it was unclear whether al-Jubuuri's election indicated that a larger agreement had been struck among political...

Read the full story

Posted in Politics0 Comments

Ba’ath Denies Alliance with Islamic State

16 July 2014

By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Khodair al-Morshedi, the official spokesman for the Iraqi Baath Party and the secretary-general of the Islamic National Front of Iraq, comprising...

Read the full story

Posted in Politics, Security0 Comments

Video: Sectarian Conflict Threatens Iraq Unity

Video: Sectarian Conflict Threatens Iraq Unity

16 July 2014

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Advances by the Islamic State group in recent weeks have driven hundreds of thousands of people from their homes. Many have sought shelter in the northern Kurdish...

Read the full story

Posted in Security0 Comments

Erbil to Haji Omaran Road Slashes Driving Time

Erbil to Haji Omaran Road Slashes Driving Time

15 July 2014

The KRG's Ministry of Housing and Reconstruction is currently building a dual carriageway connecting Erbil to Haji Omaran. Parts of the road, which include tunnels and bridges, do not pass through the old path known as Hamilton Road. After the project is completed, the road between Erbil and...

Read the full story

Posted in Construction & Engineering, Industry & Trade, Public Works, Transportation0 Comments

Dragon Oil Completes Environmental Assessment

Dragon Oil Completes Environmental Assessment

15 July 2014

By John Lee. In a Trading Statement on Tuesday, Dragon Oil gave the following update on its operations in Iraq: In Iraq, the consortium of Dragon Oil (30%) and Kuwait Energy Corporation (70% and operator) is drilling an exploration well. The well is targeting two prospective reservoirs,...

Read the full story

Posted in Oil & Gas0 Comments

Ergil Completes DNO Summail Contract

Ergil Completes DNO Summail Contract

15 July 2014

By John Lee. Turkish engineering company Ergil has announced that it has successfully completed manufacturing of storage tanks and storage tank equipment for DNO’s Summail Gas Project -- the first gas field developed by DNO in the Kurdistan Region. The scope of the order included supply of...

Read the full story

Posted in Construction & Engineering0 Comments

IBN Newsletter 'FREE Weekly Subscription'

IBN Marketing - Advertise Here