By John Lee. Turkey's Energy Minister, Taner Yildiz (pictured), has said the country has signed a $350 million deal to drill 40 oil wells in the Basra area, and is in talks on drilling 7,000 wells across Iraq. Details of the timeframe or companies involved were not immediately available. According to a report from Reuters, […]
By John Lee. According to industry sources cited by reuters, Gulf Keystone has restarted production in Kurdistan after a gap of six months. The company is now producing between 5,000 and 7,000 bpd for sale on the domestic market, and is developing its Shaikan field to raise output to around 40,000 bpd by the middle […]
By John Lee. Deputy Prime Minister Saleh al-Mutleg [Salih al-Mutlaq] met the Serbian Minister of Trade and Transportation, Rasim Letantj, to discuss economic cooperation between the two countries. AIN reports that "the two sides discussed several common [causes] such as activating the economic and agricultural cooperation frameworks as well as exchanging the expertise in industry […]
By John Lee. His Excellency Prime Minister Nouri Al-Maliki met the Romanian Foreign Minister Mr. Titus Corlăţean at his office on Sunday. The Prime Minister called for increasing cooperation between the two countries at various levels, stressing Iraq’s readiness to develop its long standing relations with Romania in all areas, especially in the fields of […]
By Munaf al-Saedi. 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. One young Baghdad woman has ambitious plans for Iraqi women’s rights – and she has started a Facebook campaign to back them. She already has 10,000 […]
The following is the text of a speech to be delivered this morning by former British Prime Minister Tony Blair, who is addressing the Iraq Britain Business Council’s 4th London Conference on the theme: "Iraq: The Road To Success?" This conference I know is one of several taking place that highlight the economic opportunity Iraq […]
