Tag Archives | Kirkuk

The latest Kirkuk, Iraq Business News – security, land, farming, infrastructure and more – brought to you by Iraq Business News

BP signs Contract to Develop Kirkuk Oil

By John Lee. The Ministry of Oil has announced that BP has signed a contract to develop the Kirkuk oil fields. According to Reuters, the deal with the North Oil Company (NOC) will see BP will boost output capacity from the six fields in the Kirkuk region to more than 1 million barrels of oil […]

Kirkuk Women Buck Stereotypes With Streetside Sales

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. A small group of Kirkuk women have set up a market of their own, selling handicrafts and home-made jewellery. It’s an opportunity to make money for their families but also […]

Kirkuk Garbage Collection Contract Revoked

By John Lee. The Iraqi government has freportedly revoked a contract with a Kurdish-owned garbage removal firm in Kirkuk, resulting in a garbage crisis in the oil-rich province. The owner of the business, Khalid Shinke, told Kurdistan 24 that the Iraqi government canceled the contract with his company on 28th February, leading to the suspension […]

Iran says IS Resurgence could Hamper Iraq Oil Deal

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Islamic State (IS) appears to be staging a comeback in parts of Iraq, which could endanger the country’s oil deal with Iran. Hamid Hosseini, the Iranian secretary-general […]

GTC to Provide Gasoline Complex for ABG

Houston-based GTC Technology is providing a gasoline production complex project for ABG (Al Barham Group Companies) for the refining and distribution of petroleum products. The grassroots complex will process 12,000 BPD of straight run naphtha (SRN) and untreated natural gasoline (UNG) blend feed to produce high octane gasoline meeting Euro-V specifications. The plant will be […]

Kirkuk Council reportedly files Oil case against Iraq Govt

Kirkuk Governorate Council has reportedly filed a complaint at the Iraqi Supreme Court against the federal government for taking unilateral steps on the governorate’s oil. A press report on February 19 cited three moves that it said Baghdad has taken without consultation with local government: An agreement with British Petroleum (BP) to develop Kirkuk oil […]

Iraq signs Deal for Kirkuk Refinery

By John Lee. Iraq’s Oil Ministry has announced that it has signed an agreement to build a 70,000-bpd oil refinery near Kirkuk. The statement said the refinery would be built by “Rania international company“, which Reuters refers to as Ranya International, which it says is based in Iraqi Kurdistan. The plant will produce high octane […]

BP to Boost Oil Production at Kirkuk Oilfields

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has signed on Thursday a memorandum of understanding with BP to rehabilitate the oil fields in Kirkuk governorate. Michael Townsend, CEO of BP, said that the company is going to prepare the necessary studies to increase production at the Kirkuk oil fields to 750,000 bpd. […]

Baghdad “bans” Kar Group from Kirkuk Oilfields

By John Lee. The Iraqi parliament has reportedly banned Erbil-based Kar Group from operating oil fields in Kirkuk. According to Rudaw, it assigned the state-owned North Oil Company (NOC) to take over oil production in the province and export it through Iraq’s State Oil Marketing Organisation (SOMO). Reuters reports that Kar Group had been operating some […]

Is Islamic State back in Kirkuk?

By Mahmut Bozarslan for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In the last week of December, an armed group ambushed a convoy on the Kirkuk-Hawija road in Iraq, killing seven people. Iraqi security forces couldn’t track the attackers. The identities of those killed were […]

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 […]