Archive | 2014

Kurds Seize Oilfields, Leave Cabinet

By John Lee. Kurdish politicians officially suspended their participation in the Iraqi government on Friday, as forces under their control seized two oilfields in northern Iraq. Prime Minister Nouri al-Maliki has appointed temporary replacements for the five Kurdish ministers of the cabinet. Kurdish forces took over the Bai Hassan and Kirkuk oilfields near Kirkuk; an […]

KRG Statement on Kirkuk Oil Fields

KRG statement on recent events at oil facilities and infrastructure in Makhmour district This morning, members of the Kurdistan Regional Government (KRG) and Kirkuk Oil Protection Forces moved to secure the oil fields of Bai Hassan and the Makhmour area, after learning of orders by officials in the federal Ministry of Oil in Baghdad to […]

Video: Splits Emerge Among Sunni Rebels

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Reports suggest the Islamic State group is arresting former Baathists and other rebels who do not share its vision:

The Oil Will Continue to Flow

By Padraig O'Hannelly. The Kurdistan Regional Government (KRG) has upped the ante in the continuing dispute with Baghdad over oil export revenues. In response to what it describes as "the Iraqi federal government ... not sharing revenues in accordance with the Iraqi Constitution", the KRG has threatened to take legal action against anyone who buys […]

Minister: Oil Sector Secure

By John Lee. Oil Minister Abdul Kareem al-Luaibi [Elaibi] (pictured) has said that the Iraqi government is dedicated to supplying the ideal safe environment for international companies working in Iraq: "Work in oil refining facilities and oil fields is normal and the ministry has supplied the extra protection needed for those locations by coordinating with […]

Interview with Hussein Shahrestani

By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Many in Baghdad fear that Iraq is falling apart, given the complex situation that saw the oil-rich country divided into three parts: an autonomous Kurdish region, a Sunni de facto state, while the Shiites, […]

$10m Donation from Kuwait to Iraq

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) today welcomed the generous contribution of US$9.5 million from the State of Kuwait to UN humanitarian agencies and the International Organization for Migration (IOM) responding to the deteriorating humanitarian crisis in Iraq. An additional $500,000 from Kuwait has been allocated to the Kuwait Red […]

Sistani Signals Opposition to Renewing Maliki’s Term

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the start of the political process in Iraq, Shiite cleric Ali al-Sistani has adopted the approach of providing overall direction without interfering in the political decision-making of the Iraqi government. This behavior is […]

Rebels "Seize Nuclear Materials"

By John Lee. Iraq's envoy to the UN has warned that Sunni militants have seized nearly 40kg of uranium compounds from a university in Mosul. Ambassador Mohamed Ali Alhakim (pictured) appealed for international help in the matter, while according to a BBC report, US officials played down the threat, saying the materials were not believed to […]

Video: Sunni Tribal Leaders Assert Presence

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Leaders say they have put aside differences with the Islamic State group to focus on removing Iraq's government. Zeina Khodr reports:

KRG Warns SOMO Customers

The Kurdistan Regional Government (KRG) threatened on Wednesday to take legal action against buyers of Iraqi oil unless the autonomous region is paid its share of revenue from any sales. The full text of the statement from the KRG follows: Under Article 112 of the Iraqi Constitution, the Iraqi federal government is legally required to […]

KRG Welcomes new UK Consul General

The Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa, received the new British Consul General to Kurdistan Region, Mr Angus McKee. During the meeting which was attended by Ms Siham Jabali, Assistant Head of the DFR, Minister Mustafa congratulated Mr McKee on his new posting and expressed the DFR’s readiness to […]