Archive | 2017

Govt Settles in First Lawsuit on Trump Muslim Ban

From the American Civil Liberties Union. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Trump administration today settled with the plaintiffs in the first legal challenge to the president’s original executive order, which sought to bar travelers from certain majority Muslim countries from entering […]

Military Strikes Continue Against ISIS in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 31 strikes consisting of 51 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]

Holiday Security Announcement from US Embassy

U.S. Embassy Baghdad is aware of reports of increased threats of attacks in Baghdad during the Eid Al-Adha holiday. In response, the U.S. Embassy has restricted movement of its employees from September 1 – 5 outside of the international zone in Baghdad. In addition, the U.S. Embassy is restricting movement of its employees on September […]

KRG to pay $1bn to Pearl in "Full and Final Settlement"

The Kurdistan Regional Government (KRG) will immediately pay $1 billion to the Pearl Consortium, including Dana Gas, and its partners to settle a long-running legal dispute. In a joint press release, the Kurdistan Regional Government and Pearl Consortium announced the "full and final settlement" between the two parties. Below is the full press release: Settlement […]

Iran to set up Trade Centres in Iraq

By John Lee. The Trade promotion Organization (TPO) of Iran is to establish two permanent trade centres in Iraq. Iran's commercial attaché in Iraq, Nasser Behzad, said the centres will cover various areas including foodstuffs, construction materials, medicines and medical equipment, technical and engineering services. You can find out more about opportunities in Iran at […]

Iran looking for Energy Projects in Iraq

By John Lee. Iran's Oil Minister Bijan Zanganeh has said Iranian companies are ready to execute oil and gas industry projects in Iraq. He added that Iran's oil ministry is prepared to increase cooperation with Iraq in the oil and gas sector. In June, Iran began exporting gas to Iraq after a several years of […]

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Coalition Strikes Target ISIS Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 56 strikes consisting of 109 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]

Trial Shipments of LPG from Badra Oilfield

By John Lee. Russia's Gazprom Neft has reportedly started production of liquid petroleum gas (LPG) at its Badra field in Wasit Province. According to Energy Business Review, the company has started trial shipments of LPG to Iraq’s state-owned gas filling company, and to the Az-Zubaydiyah power station. The facility is expected to be operation in […]