Archive | 2014

Zebari Presents "Real" 2015 Budget

By John Lee. Iraqi Finance Minister Hoshyar Zebari (pictured) has taken a brutally realistic stance on the passing of Iraq's 2015 budget, Reuters reports. Zebari has previously been frank about the challenges Iraq faces and the war economy situation the country is now in. The Finance Minister noted how, "The strategy was to present a real budget - […]

Jordan to Train Iraqi Troops

By John Lee. Jordan has long been host to the training of Iraqi forces following the 2003 war, and US led training of Iraqi Special Forces continued there even after the US withdrawal from Iraq in December 2011. Until now however, the Hashemite Kingdom has not directly trained Iraqi infantry. This is about to change […]

Weekly Security Update, 16 - 22 December 2014

The Kurdistan Regional Government (KRG) hosted a series of diplomatic missions and foreign conferences this week, as Peshmerga troops celebrated some of the most decisive military victories since the start of the ISIS counter-offensive in August 2014. While heavy fighting continues to rage across Anbar and the central territories, aid convoys to the besieged inhabitants […]

Al Kindi Society Announce January Forum

By John Lee. The Al Kindi Society for Engineers have announced they will be hosting a forum on the role of engineering in Iraq's current crisis. The event will be held at the Hilton Metropole Hotel in North London on the 10th of January. Anyone who wishes to attend must register here. For those not […]

Basra joins Revenue Sharing Talks

By John Lee.  According to a 2009 revision of Iraq's Provincial Powers Act (also known as Law 21) the province of Basra is supposed to be receiving an extra $5 dollars of oil revenue per barrel produced in the province. If this was the case, the province could be receiving an income equivalent to that […]

US Gear from Afghan War Awaits Iraq Role

By John Lee. US News have reported on the presence of several thousand American armoured vehicles being serviced at a US base in Kuwait, in possible preparation for their movement into Iraq. The vehicles are primarily MRAPs (Mine Resistant Ambush Protected vehicles) expensive bulletproof and IED resistant trucks that became a key tool in the US […]

BP Plans to Double Rumaila Production

By John Lee. The coming year will see BP expand drilling work and upgrades to equipment at the vast Rumaila oil field in southern Iraq, of which the company have a 50% stake. BP operate the field with PetroChina, Iraq's South Oil Company and SOMO. This work is carried out under the umbrella of the […]

Abdel Mehdi: Historic Deal in Final Stage

By John Lee. It's a deal that could cement a prosperous shared future for Baghdad and Arbil. But despite the new good will between the two sides, there is huge political opposition from Iraqi Arabs who object to the current terms. In the Kurdish region, many feel that the history has already turned toward their […]

Shell, OPITO Launch Iraq Training Centre

By John Lee. Shell and oil and gas training standards body, OPITO, have joined forces to ensure workers are trained to the globally recognised H2S standard. A corrosive and hazardous gas, also known as “sour gas”, hydrogen sulphide (H2S) occurs in the production of oil and gas fields which have a high content of this […]

CERF Releases $14.9m to Support Displaced Iraqis

Emergency Relief Coordinator Valerie Amos (pictured) has approved the allocation of nearly US$15 million from the Central Emergency Response Fund (CERF) to support newly displaced families in Iraq. "This contribution is extremely timely given the persistent increase in displacement of the Iraqi population since September,” Jacqueline Badcock, the Deputy Special Representative of the UN Secretary-General […]

Low Supplies, Political Disputes in Anbar

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. Low Supplies, Political Disputes In Anbar: Not Long Now Before Extremists Take Over Last week, fighters from tribes in Anbar were forced to give up their hold on the town […]

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Minister: "Women Should Wear What They Want"

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. Iraq’s New Women’s Affairs Minister: ‘Women Should Have Freedom To Wear What They Want’ Bayan Nouri has a tough job over the next four years – the new Minister for […]