By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The upstream petroleum sector in Iraq has been on a significant development drive, in time and magnitude, since mid-2009, and such development efforts would, if realized, bring outstanding results for Iraq and […]
Bloomberg reports that Iraq is attracting the attention of global automakers including General Motors, Ford and Volkswagen. Western cars were shut out of the Iraqi market by sanctions during the Saddam Hussein era, and even today there are many old VW Passats that were shipped to Iraq from Brazil between 1983 and 1990 in exchange […]
Shares in ShaMaran Petroleum were down 13% in early trading on the Vancouver exchange following the company's announcement of its financial and operating results for the year ended December 31, 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 […]
Entrepose Projets, a 100% subsidiary of Entrepose Contracting, a contractor specialised in the design and construction of complex projects in the oil and gas sectors in particular and the energy and environmental sectors in general, has announced that it has been awarded, within a partnership, a contract in Iraq for the construction of oil storage […]
As Iraq's capital emerges from almost a decade of conflict and civil strife it is becoming an economic battleground for Turkey and Iran: (Source: CNN)
At the Arab League summit in Baghdad, Ban Ki-moon urges the region’s leaders to 'listen to the people': (Source: UN)
Levels of violence rose in Iraq last week despite heightened security measures put in place ahead of the Arab League Summit. It was the worst week since a series of terrorist attacks targeted Shi’ah pilgrims during Arba’een at the beginning of January and the fourth-worst week recorded over the past six months. At least 73 […]
