U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and 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 Bomber, ground-attack, attack, fighter, […]
The Governorate of Duhok launched its Provincial Development Strategy 2016-2018 in a ceremony organized in collaboration with the United Nations Development Programme (UNDP), the European Union (EU), and NOREL non-governmental organization. Conceptualized with the support of UNDP’s EU funded Local Area Development Programme (LADP), the Strategy seeks progress in six areas: Multi-sector economy, geographical location, […]
By John Lee. India's BGR Energy Systems has said it has decided to cancel a carryover contract value of $246 million relating to its contract to build a power plant in Nasiriya. The company won the contract for the 500-megawatt (MW) gas turbine plant in 2013. Iraq's Ministry of Electricity provided a letter of credit […]
By John Lee. Avangardco, the largest producer of shell eggs and dry egg products in Ukraine and number one producer in Europe, has blamed a sharp decrease in exports on the "unstable situation in Iraq". In its results statement for the first quarter of 2016, the company said: "... exports of shell eggs decreased by 31% […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and 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 Bomber, attack, fighter, and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 18 remittance companies took part in its currency auction on Tuesday. A total of $133,466,204 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
The Ministry of Natural Resources (MNR) of the Kurdistan Regional Government-Iraq (KRG) invites expressions of interest from qualified international mining companies for the ‘Mineral Exploration & Investment in the Kurdistan Region-Iraq’. According to the available data, historical reports, and recent investigations, the MNR has identified 7 prospective blocks for investment. All 7 blocks are believed […]
By John Lee. AECOM Technical Services has been awarded a $52,805,043 firm-fixed-price contract for architectural and engineering services to repair the bottom outlet of the Mosul Dam, Iraq. Bids were solicited via the Internet with one received, according to a statement from the US Department of Defense. Work will be performed in Iraq with an […]
WesternZagros Receives Approval for Garmian Field Development Plan and Submits Kurdamir Field Development Plan WesternZagros Resources has announced the approval of the Garmian Block Field Development Plan ("FDP") from the Kurdistan Regional Government ("KRG") and the submission of the Kurdamir Block FDP. Garmian Block Field Development Plan Approval WesternZagros and its co-venturer, Gazprom Neft Middle […]
Shares in Gulf Keystone Petroleum (GKP) were trading down 4 percent on Wednesday despite an announcement that the company had secured a two-week extension of its standstill agreement with its bondholders: Further to the Company's announcement of 20 May 2016, Gulf Keystone announces today that, as discussions with the Ad Hoc Committee of holders of […]
By John Lee. Iraq's Ministry of Oil has issued a statement denying media reports that it is going on to export 5 million additional barrels of crude oil in June: "The ministry confirmed that it is committed with the monthly available exportation quantities for June, which will be the same as the previous months, as […]
A total of 867 Iraqis were killed and another 1,459 were injured in acts of terrorism, violence and armed conflict in Iraq in May 2016*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in May was 468 (including 19 federal police, Sahwa civil defence, […]
