By John Lee. Gazprom has said that it is interested in working further in the oil and gas sector in Iraqi Kurdistan. Following a meeting in St. Petersburg between the Russian company's Chairman, Alexei Miller [Alexey Miller] (pictured), and KRG President Massoud Barzani, Gazprom issued a statement saying, "in particular, the parties discussed the progress […]
Minister Falah Mustafa received a delegation from Ev-K2-CNR, an Italian non-government organisation promoting studies in high-altitude disciplines, including environmental sciences, earth sciences and technological research, who were accompanied by the Head of Italian Consular Office in Erbil, Dr Simone De Santi. The team has visited the Kurdistan Region five times aimed at the creation of […]
By John Lee. HSBC said today [Tuesday] that it is considering selling its 70.1 percent stake in Dar Es Salaam Investment Bank (BDSI), which has made it the main international lender in Iraq. In April, Simon Cooper (pictured), HSBC's chief executive for the Middle East and North Africa, told reporters that its presence in Iraq […]
Erbil Governorate has compiled and published a list of the top downstream oil companies in Kurdistan. [Note: This list was originally compiled and published by Marcopolis - Ed.] Unlike the upstream sector, Kurdistan's refining industry is almost the exclusive preserve of locals, among them KAR Group, one of the region's largest private companies, which operates […]
Erbil Governorate has compiled and published a list of the top oil distribution companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]: Qaiwan Group A diversified conglomerate based in Suleimaniyah with activities in construction (Qaiwan Towers, Qaiwan City, Sulaimaniyah Heights), energy (Baziyan Refinery, Petrol Stations, Oil Trading), retail and […]
Erbil Governorate has compiled and published a list of the top oil companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]. Please click here to see a list of oil companies with licences granted by the Ministry of Oil in Baghdad. [NEW: An updated list can now be found […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The change of the municipal government in the oil-rich Iraqi city of Basra, some 490 km (305 miles) from Baghdad, raises a number questions regarding the policy that the new government […]
The new Hungarian Ambassador to Iraq, Mr. Tibor Tamari, visited the Kurdistan Region this week to meet with senior officials as following his appointment. Minister Falah Mustafa, Head of KRG Department of Foreign Relations, received the new ambassador, who has already presented his credentials to Baghdad, to discuss Hungarian engagement in Kurdistan on. Minister Mustafa […]
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari has received the Turkish Ambassador in Iraq, Younis Demirer. During the meeting, the two sides reviewed Iraqi - Turkish relations, emphasizing mutual respect. The Minister expressed his keenness to overcome the obstacles that stand in the relations between the two neighboring countries in accordance with the […]
By Kawa Sheikh Abdullah. 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. There have been about 140 fires in Khanaqin’s famous orchards recently. Environmental activists say the city is at fault. The city blames the orchard owners, […]
By Matthew Gayle. According to shipping data tracked by Reuters and industry sources, oil exports from Iraq have fallen by about 200,000 barrels per day (bpd) in June due to bad weather disrupting loadings. Exports from Iraq’s southern shipping outlet, have averaged close to 2 million bpd in the first three weeks of June, which […]
By John Lee. FLIR Systems has been awarded a $14,361,776 modification to a previously awarded firm-fixed-price, multi-year contract. The deal is for the procurement of repairs and refurbishments and logistical support for sensor components of the Legacy Rapid Aerostat Initial Deployment Base, Expeditionary Targeting and Surveillance Systems – combined, Cerebus and Cerebus Lite systems that […]
