Kurdistan Regional Government Deputy Prime Minister, Qubad Talabani, chaired a meeting to discuss and assess the state of airports and flights in the Kurdistan Region. The meeting was attended by KRG Ministers of Interior, Natural Resources, Planning, Transportation and the Head of the Department of Foreign Relations and the Government Spokesperson along with the Governor […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's first Christian-only brigade of regular forces graduated Thursday to help retake the community's towns and villages from the Islamic State group. The new brigade will answer to the government of the Kurdish region.
By Patrick Schmidt. Elite units of the Iraqi Security Forces have been placed under investigation by the Iraqi government. Reports show these units torturing and executing members of the Islamic State (IS, ISIS, ISIL). Other images show Iraqi soldiers hanging members of the IS from towers. Iraqi authorities are now trying to find additional photos […]
By John Lee. ShaMaran Petroleum reports updates to estimated reserves and contingent resources for the Atrush block as of December 31, 2014. The reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. ("McDaniel"), the Company's independent qualified resources evaluator, and were prepared in accordance with standards set out in the Canadian […]
By John Lee. Iraq plans to reduce crude oil exports from its southern ports in April. Reuters cites trade sources as saying that 2.4 million bpd will be exported in April, down from 2.65 million bpd in March, to make exports "more manageable". (Source: Reuters)
Oryx Petroleum has announced an update on its 2015 capital expenditure plans and funding. Highlights: A 2015 capital expenditure forecast of $140 million a 60% reduction against the budget of $350 million set in November 2014 includes a 30% reduction in general and administrative costs Capital expenditures to be focused on production activities in the […]
By John Lee. The Kurdistan Regional Government (KRG) has completely rejected what it calls "the false and malicious allegations of misuse of funds made against the KRG and the Minister of Natural Resources" by an opposition MP in the Republic of South Korea and which were published by the Korea Times. Korean MP Chun Soon-ok […]
Iran's increasing influence on Iraq is very obvious, commercially, politically and militarily, but did the Saudi Arabian Foreign Minister go too far in claiming that "Iran is Taking Over Iraq"? The claim has been rejected by Iraq's Foreign Minister, who also pointed to his country's improving relations with Saudi Arabia. But what do, our readers, […]
Report first published in nina-iraq.com, the magazine for Iraqi women everywhere. In the first of a series of articles around the importance of addressing women’s health issues Hawra Abu Gulal, an Iraqi specialist in nutrition and public health, based in the UK, explores access to health for Iraq – set within a global context. Next […]
By Patrick Schmidt. The Iraqi Director of Antiquities has confirmed that the Islamic State (IS, ISIS, ISIL) destroyed portions of the historical city of Dur-Sharrukin (Khorsabad). The city was once a capital for the Assyrian Empire. The militants also ransacked the Mosul Museum and destroyed other artifacts in the Mosul Library. The group has also […]
By Patrick Schmidt. During a meeting of the Gulf Cooperation Council (GCC), member states expressed their dissatisfaction with the influence Iran has had in Iraq since the rise of the Islamic State (IS). The GCC announced they supported a united Iraq, recognized its territorial sovereignty and condemned interference in Iraqi internal affairs. Iran’s influence has […]
By John Lee. Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] (pictured) has said he expects the country's oil exports to average 3 million bpd in March. According to the report from Reuters, this is assuming that the weather in the Gulf is good, and that Iraqi Kurdistan exports the quantities of crude oil […]
