Archive | 2017

Video: Balance of Power shifts in Kirkuk

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With the return of Kirkuk to Iraqi control, the balance of power appears to have shifted between the ethnic communities in the Kurdish-majority city, to the delight of its Turkmen residents.

Gazprom Neft not to Cut Production at Badra

By John Lee. Russia's Gazprom Neft has said it expects production at the Badra oilfield to stay between 85,000 and 90,000 barrels per day (bpd) in 2018. Deputy chief executive Vadim Yakovlev (pictured) told Reuters that Baghdad has not asked the company to curtail production, despite reports that the Oil Ministry had asked foreign producers […]

US Providing Essential Support for Iraq’s Children

Hundreds of thousands of children and their families in Iraq who have suffered the pain of brutal conflict and displacement will have regular access to lifesaving clean drinking water and services that respond to gender based violence thanks to help from the U.S. government. With the latest contribution of nearly 9 million US$ from the […]

Video: Concern over Alleged Abuse of Kurds in Kirkuk

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. About 100,000 Kurds have fled the Kirkuk region since it was retaken by Iraqi forces from Kurdistan's regional government (KRG). The UN says it is worried by reports of civilians being forcibly displaced […]

Baghdad hits back at Rosneft/KRG Deal

By John Lee. Iraq's Ministry of Oil has hit back at Rosneft's recent decision to enter a production-sharing deal with the Kurdistan Regional Government (KRG) without its approval. In a statement, the Ministry warned: "The ministry of oil warns seriously all the countries and oil companies from contracting or dealing with any authority inside Iraq […]

Rosneft to Build New Kurdistan Oil Pipeline

Russia's Rosneft and Kurdistan Regional Government (KRG) have announced the start of joint implementation of an infrastructure project for the operation of the oil pipeline in the Kurdish Autonomous Region. According to a statement from Rosneft, its share in the project "may amount to 60%". "The other project participant with 40% share will be KAR […]

Kurdish Elections to be Suspended

In a statement released on October 18, the Kurdish Independent High Electoral and Referendum Commission (IHERC) said it had decided to suspend the preparations for the upcoming presidential and parliamentary elections, due to be held on November 1, due to the recent violence in Kirkuk and other disputed territories. The suspension is due to not […]

GKP Confirms Shaikan Operating Securely

Gulf Keystone Petroleum (GKP) confirmed on Friday morning that its operations in Kurdistan continue safely and securely with the Company achieving average production of 34,525 bopd from Shaikan since the beginning of October 2017. Shaikan is performing as expected with cumulative production from the field now at 42.4 million barrels, an average of 35,966 bopd […]

KRG welcomes Iraqi PM’s call for Dialogue

The Council of Ministers of the Kurdistan Regional Government held a meeting on Thursday to discuss the latest developments in the region. Prime Minister Nechirvan Barzani and Deputy Prime Minister Qubad Talabani attended the meeting and discussed the situation in Kirkuk and other areas that witnessed tensions and clashes this week. The Council of Ministers […]

UN Concerned about Violence in Tuz Khurmatu & Kirkuk

The United Nations is concerned about reports regarding the destruction and looting of houses, businesses and political offices, and forced displacement of civilians, predominantly Kurds, from disputed areas. The United Nations has received allegations of the burning of about 150 houses in Tuz Khurmatu on 16 and 17 October, by armed groups. There were also […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: GBV Manager, International Medical Corps MHPSS Consultant, International Medical Corps Field Coordinator, International Medical Corps Program Coordinator, International Medical Corps Community Liaison Manager, Mines Advisory Group (MAG) Human Resources Assistant, Norwegian Refugee Council (NRC) Administration Officer, Norwegian Refugee Council (NRC) Admin Assistant, Norwegian […]