Shares in ShaMaran Petroleum Corp were up 7% on Friday following the announcement of its financial and operating results for the second quarter of 2011 Highlights A major oil discovery in the Atrush Block was announced by the Company on April 13, 2011. The Atrush 1 well flowed at rates totalling over 6,393 bopd of […]
In Iraq almost all official records are kept on paper. So what better way to kill the paper trail that corruption investigators are tracking, than burn the evidence? A rash of fires inside government buildings has led to calls for further investigation. A recent rash of small fires inside the offices of various ministries and […]
According to a report from Rabee Securities, the Iraq Securities Commission (ISC) is suspending trading in the companies listed below, starting Monday, August 8th, 2011. The reason is their violation of instruction # (14) related to financial disclosure; their failure to submit their annual reports for 2010 and/or quarterly financial reports for first quarter 2011 […]
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Iraqi politician Ayad Jamal ad-Din was injured in a rocket attack on his home earlier in the week. The weapon, believed to have been fired from southern Baghdad, slammed into his house in the normally quiet district of Jadriyah. He may be the latest victim of a string of attacks targeting politicians, mid-level ministry employees […]
Gas Filling Company -one of the Ministry of Oil companies –has the pleasure to re-announce for the tender of supplying (4000) tons of (Body plate for L.P.G cylinder) from origin ( Belgium or West Europe or Japan or America) as a part of capitalism budget of 2011, all manufacturer companies & their approved agents companies […]
North Gas Company announces the below tenders: -Automatic Instrument -Spare for SRU 4700 -Complete Z Configuration Skid -Spares of SRU Unit -Supply a complete refrigeration package Please click on the above links to obtain further information about every tender.
