U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter aircraft conducted five […]
Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track record of safe and successful delivery on behalf […]
By John Lee. Bloomberg reports that Sinopec -- the state-owned China Petroleum & Chemical Corporation -- is considering a takeover of the recently restructured Gulf Keystone Petroleum (GKP). The news agency cites un-named sources as saying that the world’s biggest refiner is working with advisers and has made an approach to the company, which was […]
The Kurdistan Regional Government (KRG) has published its monthly production and export revenue overview for November 2016. During the month it exported 588k bpd from the Turkish port of Ceyhan, up from the previous month’s figure, at a decreased average price of $35.05 per barrel, bringing in revenue of $568 million. Please click here to view […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber and fighter aircraft […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Budget Law 2017 and OPEC Production Cut Impact - Preliminary Remarks On 7 December, the Iraqi Parliament passed Budget Law 2017 by a majority voting with 186 attendances, before the House went […]
Alliant Techsystems of Fort Worth, Texas, has been awarded a $22,189,071 firm-fixed-price modification to exercise an option on previously awarded contract FA8106-16-C-0004 for contractor logistic support for the Iraqi Air Force’s Cessna 208 fleet. Work will be performed at various locations in Iraq, and is expected to be complete by Dec. 31, 2017. This contract […]
WHO welcomes $5-million from Kuwait to provide life-saving health services to people in Mosul The World Health Organization (WHO) has welcomed the generous support of the State of Kuwait through a US$ 5 million donation to help people in the city of Mosul obtain greater medical assistance, particularly the most vulnerable—women, children, the injured and […]
Government and civil society consult on access to justice for IDPs and returnees; recommend mobile courts and multi-service centres A consultation with representatives of Iraq’s Government and civil society on Improving Access to Justice for Internally Displaced and Returnee Populations was organized on 4 December 2016, at Al Nahrain Center for Strategic Studies in Baghdad. […]
By Saad Salloum for Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News. Three Iraqi Caucasus tribes are uniting to seek recognition under the Iraqi Constitution. The Circassians, Chechens and Dagestanis want to unify their communities under one national name, “Caucasus,” much like […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Huge smiles lit the faces of the Iraqi children lining up outside the newly opened school in Jadaa displacement camp, for many hadn't seen a classroom in two years. The government, the UN and […]
KRG Foreign Minister Falah Mustafa today received representatives of 30 U.S companies, led by the U.S-Kurdistan Business Council (USKBC), to discuss investment opportunities and latest developments. In a meeting attended by Bayan Rahman, KRG Representative to the U.S, Minister Mustafa thanked the USKBC for organizing the visit and underlined the importance of further engagement of […]
