By John Lee. The Al Kindi Society for Engineers have announced they will be hosting a forum on the role of engineering in Iraq's current crisis. The event will be held at the Hilton Metropole Hotel in North London on the 10th of January. Anyone who wishes to attend must register here. For those not […]
By John Lee. According to a 2009 revision of Iraq's Provincial Powers Act (also known as Law 21) the province of Basra is supposed to be receiving an extra $5 dollars of oil revenue per barrel produced in the province. If this was the case, the province could be receiving an income equivalent to that […]
By John Lee. US News have reported on the presence of several thousand American armoured vehicles being serviced at a US base in Kuwait, in possible preparation for their movement into Iraq. The vehicles are primarily MRAPs (Mine Resistant Ambush Protected vehicles) expensive bulletproof and IED resistant trucks that became a key tool in the US […]
By John Lee. The coming year will see BP expand drilling work and upgrades to equipment at the vast Rumaila oil field in southern Iraq, of which the company have a 50% stake. BP operate the field with PetroChina, Iraq's South Oil Company and SOMO. This work is carried out under the umbrella of the […]
By John Lee. It's a deal that could cement a prosperous shared future for Baghdad and Arbil. But despite the new good will between the two sides, there is huge political opposition from Iraqi Arabs who object to the current terms. In the Kurdish region, many feel that the history has already turned toward their […]
By Robert Tollast. Luay al-Khairullah has reason to be optimistic. As Chairman of the Dhi Qar Provincial Investment Commission, I spoke to him last year about the planned Nasiriyah Integrated Project (NIP) a 300,000 barrel a day capacity refinery not far from his home town. It's a project that will create much needed jobs and provide […]
By Robert Tollast. “How is electricity?”, I asked. “Excellent” replied Marwan, a young student of Physics at the University of Dhi Qar. Marwan (not his real name) is studying wireless transmission, and one of his lecturers is currently in Leicester studying with a British Council initiative to bolster the academic capacity of Iraqi universities. Will […]
By Robert Tollast. The following is an interview with an Iraqi finance professional with a degree in Accounting and Finance. He is also a Chartered Certified Accountant with extensive experience in Banking. He returned to Iraq in early 2013 and now works as a Portfolio Manager, travelling across Iraq but residing in the Iraqi Kurdistan. He was kind […]
By John Lee. Afren have released their Half-yearly Results for the six months ended 30 June 2014 and an update on its operations year-to-date 2014, in accordance with the reporting requirements of the EU Transparency Directive. Below is a summary of their Iraq operations and general financial results. Information contained within this release is un-audited […]
By John Lee. Turkish officials close to their country's energy policy have announced that a total of 8 million barrels of oil have been exported via the Turkish port of Ceyhan. According to officials, while some buyers have been deterred by legal threats from Baghdad, the number of buyers is in fact increasing. The Kurds […]
By John Lee. The Wall Street Journal has written a report based on six interviews with Mosul residents describing life in the city under the rule of the so called "Islamic State". In the report, citizens describe a Taliban like rule of brutality enacted upon those who are seen to transgress against the highly austere interpretation […]
By John Lee. Afren has released a statement on the recent suspension of the Associate Directors of the company pending the results of an investigation. The statement reads as follows: Afren plc ("Afren" or the "Company") announces that the Board has temporarily suspended Iain Wright and Galib Virani, both Associate Directors of the Company. Further […]
