By John Lee. The Ministry of Oil announced the renewal of the agreement to supply Egypt with 12 million barrels of crude oil for one year. Ministry spokesman Assim Jihad said that the agreement will be renewed with the same conditions, starting from January 2018. (Source: Ministry of Oil)
At least one in four children in Iraq impacted by conflict and poverty At the upcoming Kuwait conference, UNICEF calls for immediate and massive additional investment in education; a key for lasting peace and progress in Iraq Statement by UNICEF Regional Director, Geert Cappelaere, following his visit to Iraq: “Iraq today hosts one of UNICEF’s […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Rivals may Team Up to Defeat Iraqi Prime Minister Abadi Two former adversaries appear to be warming up to each other to collaborate in Iraq's presidential and parliamentary elections set for May — possibly […]
By John Lee. Iraq's National Investment Commission (NIC) has just announced the list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February. The 157 large- and medium-sized projects span all sectors of the Iraqi economy, including oil and gas, […]
Gulf Keystone Petroleum (GKP), operator of the Shaikan Field in the Kurdistan Region of Iraq, is today providing an operational and corporate update. This is in advance of the Company's full year results for the period ended 31 December 2017 which are expected to be announced on Wednesday 11 April 2018. The information contained herein […]
DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 53.71 million from the Kurdistan Regional Government as payment for October 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 18th Jan 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD786 (-0.6%) / $809 (-0.6%) (weekly change) (-3.1% and -3.1% YTD change, respectively). The number of week traded […]
By John Lee. The United Nations has advertised new positions in Iraq: Gender Advisor, Heartland Alliance for Human Needs Final Evaluation Consultant, Heartland Alliance for Human Needs Community Engagement (Liaison) Officer, International Organization for Migration (IOM) Programme Management Specialist, UN Development Programme (UNDP) Advisor Employment Focused SME Development, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Child […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Advocacy Coordinator - Accountability, Norwegian Refugee Council (NRC) Senior Supply Assistant, United Nations Assistance Mission for Iraq (UNAMI) Field Security Radio Operator, United Nations Assistance Mission for Iraq (UNAMI) Protection Associate, United Nations Assistance Mission for Iraq (UNAMI) Senior Supply Assistant, United Nations […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Genel Energy has announced that RPS Energy Consultants, as part of its work on the updated competent person's reports ('CPRs') for the Bina Bawi and Miran West fields (Genel 100% and operator), has finalised its evaluation of the contingent gas resources at both assets: The RPS evaluation confirms a significant upgrade to the combined 2C […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has signed on Thursday a memorandum of understanding with BP to rehabilitate the oil fields in Kirkuk governorate. Michael Townsend, CEO of BP, said that the company is going to prepare the necessary studies to increase production at the Kirkuk oil fields to 750,000 bpd. […]
