By John Lee. The National Iranian Oil Company (NIOC) has agreed a $1.4-billion deal to develop two oilfields in Khuzestan, near the border with Iraq. The National Iranian South Oil Company (NISOC) and Iran's MAPNA Group signed a ten-year contract within the IPC framework, to improve the recovery rate, increase production and exploitation of the […]
By John Lee. Production at the Garraf [Gharraf] oil field in southern Iraq has reportedly fallen to an average of around 93,000 barrels per day (bpd) in January. According to S&P Global Platts, officials from Japan Petroleum Exploration (JAPEX) said on Monday that the drop was due to delays in drilling works. It added that […]
By John Lee. The Basra Oil Company (BOC) will reportedly reduce production at the Nahr Bin Umar oilfield due to pollution and gas emissions. Director General Ihsan Abduljabbar [Ihsan Abdul Jabbar Ismail] is quoted as saying that the field is considered one of Iraq's most controversial because of pollution and gas emissions. (Source: Reuters)
Ayda (not her real name) lives with her mother and little brother in a house built of mud and sheet metal in a poor neighborhood in Baghdad. She attends the Hope Bus regularly and also works collecting empty cans from landfill to support her family. Ayda loves going to the Hope Bus because she gets […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq struggles to switch from use of imported fuel to national gas The Iraqi government is trying to get people to switch from imported fuel to locally produced gas. All new public transport […]
By Vanda Felbab-Brown, for Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Stuck in the middle: Iraq and the enduring conflict between United States and Iran When the United States killed Iranian commander Qassem Soleimani on January 3, it also killed Abu […]
The PBS show Amanpour and Company has interviewed Ahmed Albasheer (pictured), the Iraqi comedian and host of the weekly satire program “Albasheer Show”. Albasheer started the show in 2014 as a tool to fight corruption, extremism and terrorism. He explains how a suicide bomber changed his life, and how “Albasheer Show” is fueling the demonstrations currently […]
By Lujain Elbaldawi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Jews in Israel watch protests with hope The protests in Iraq have drawn the attention of a minority group that emigrated decades ago. Although Iraq’s Jews could not return to Iraq for reasons beyond their control, […]
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 […]
By Eric Bordenkircher, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Pivoting to the KRG: Restructuring the U.S. Military Presence in Iraq Since the start of the Iraq War in 2003, a defining element of American […]
The United Nations Mine Action Service (UNMAS) is continuing its life-saving work in Iraq. UNMAS is grateful for the support it received from three generous donors. The Governments of Belgium (USD 1.6 million), Italy (USD 784,000) and the Slovak Republic (USD 18,750), donated more than USD 2.4 million to ensure that explosive hazard management, training […]
IBBC meetings and dinner for members and guests at the Babylon Hotel, Baghdad on 5th and 6th February On Wednesday, 5 February, Christophe Michels, Managing Director, Iraq Britain Business Council (IBBC) and Rasmi Al Jabri, Deputy Chairman, IBBC met with Dr Salar Ameen Acting Chairman of National Investment Commission (NIC). They discussed the longstanding cooperation […]
