By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As ISIS prepares to advance on Baghdad and Iraq slips towards civil war, the world's oil corporations are updating plans to evacuate worried staff, from Dohuk in the north to the southern powerhouse […]
The recent offensive by the Islamic State in Iraq and the Levant (ISIL) -- also known as the Islamic State of Iraq and Al-Sham (ISIS) -- has shown that events sometimes move very rapidly in Iraq. Containing the threat to the rest of Iraq has presented Prime Minister Nouri al-Maliki with a new set of […]
By John Lee. Oil Minister Abdul Kareem al-Luaibi [Elaibi] (pictured) said on Wednesday that Iraq's southern oil export facilities were secure, with shipments now running at around 2.6 million bpd, according to Reuters. Speaking to reporters ahead of an OPEC meeting in Vienna, he said: "All our exports now are from the Basra terminal in […]
By John Lee. Germany's BASF, one of the world’s leading producers of construction chemicals, has joined with French cement and concrete materials leader Lafarge to set up a new plant to make chemicals for the construction industry in Iraqi Kurdistan, according to a report from TradeArabia. Dick Purchase (pictured), head of BASF Construction Chemicals division […]
Announcing an Opportunity for Mid-Career Professionals to Study in the United States The U.S. Embassy in Baghdad is pleased to announce that it is accepting applications for the U.S. Government-sponsored Hubert H. Humphrey Fellowship Program. This program directly supports the goals of the U.S.-Iraq Strategic Framework Agreement to enhance mutual understanding and strengthen connections between […]
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The exact origin of the proverb "cometh the hour, cometh the man" are unknown, but there can be no doubt the man tasked with saving Iraq from disintegration at this dangerous hour is […]
LUKOIL Overseas (the Operator of LUKOIL's overseas upstream projects) has informed Iraq’s Ministry of Oil that it has fulfilled its contractual obligations for first commercial production at West Qurna-2. LUKOIL, the Operator of the West Qurna-2 project, successfully maintained an average daily production of at least 120 thousand barrels for 90 days, entitling it to […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Islamic State of Iraq and the Levant, (ISIL), is a jihadist group active in Iraq and Syria seeking to establish a Islamic caliphate. With thousands of Arab and foreign fighters under its […]
By John Lee. Oryx Petroleum has announced that the Banan-2 appraisal well (“BAN-2”) has been spudded in the Hawler license area in the Kurdistan Region of Iraq. Oryx Petroleum is the operator and has a 65% participating and working interest in the Hawler license area. Henry Legarre (pictured), Oryx Petroleum’s Chief Operating Officer, stated: “We […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fighters from the Islamic State of Iraq and the Levant (ISIL, ISIS) have seized the northern part of Nineveh province, which includes Iraq's second largest city Mosul. Iraq's prime minister is asking parliament […]
Nina Launches in Iraq – Voices of Promise and Hope Join Together in Suleimania Nearly 200 business leaders, politicians, civic society leaders and even Miss Kurdistan for Peace attended the Iraqi launch of Nina, held at Suleimania’s Grand Millennium Hotel, thanks to the generosity of sponsors Asiacell. A live TV broadcast saw Nina Champion and […]
Tuesday marked the conclusion of Kurdistan Projects, a three-day event organized by MEED which successfully attracted a large number of international companies pursuing investment and business opportunities. Attendees heard from senior KRG officials, government experts, and leading private sector representatives on a wide range of topics. This is the third year MEED has hosted a […]
