KRG Foreign Minister Falah Mustafa shed light on KRG’s international outreach, ties with Baghdad and the neighboring countries and Kurdistan’s contribution to regional stability, at this week's Kurdistan-Iraq Oil & Gas Conference, arranged by CWC Group in London. Below is the full text of Minister Mustafa’s speech: Excellencies, distinguished guests, ladies and gentleman, I am […]
Freezing Temperatures in IDP Camps: UN Women Iraq Distributes High Thermal Blankets and Necessity Kits to Women and Girls in two camps Near Eastern Mosul The UN Women Iraq team went on mission near eastern Mosul this week to distribute 3,000 high thermal blankets to women and girls in two camps. Women and girls have […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, 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 Attack and fighter aircraft conducted […]
By Padraig O'Hannelly. The Kurdistan Regional Government’s Minister of Natural Resources, Dr Ashti Hawrami (pictured), has defended the KRG's treatment of oil companies in the Region. This follows criticism by the head of Norwegian oil and gas operator DNO, which operates the Tawke block, at CWC Group’s Kurdistan-Iraq Oil & Gas Conference in London. Executive […]
By Padraig O'Hannelly. The Kurdistan Regional Government's Minister of Natural Resources, Dr Ashti Hawrami, has announced that 20 new and redrawn oil blocks will become available for bidding in 2017. Speaking at this week’s Kurdistan-Iraq Oil & Gas Conference in London, arranged by CWC Group, the Minister said that contract terms "will continue to be […]
By John Lee. Sky News has learnt that the former head of BG Group, Chris Finlayson, is being lined up to take over from Tony Hayward as Chairman of Genel Energy. An appointment is unlikely to be finalised until sometime in the new year, and Genel is also considering other candidates for the role, according to […]
By John Lee. According to a report from Reuters, commodities giant Glencore will likely fall short of its target of raising $550 million to pre-finance the purchase of Kurdish oil. Industry sources told the news agency that investors are exercising caution despite the 12 percent bond yield, and that Glencore has received investor commitments for […]
By John Lee. NATO is to start running training programs for the Iraqi military in Iraq itself from January. The alliance’s Secretary General Jens Stoltenberg told a press conference: "... we have already training activities in Jordan where we train Iraqi officers and we have trained several hundred officers there already. "We will continue our […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq faces many threats to its environment, not the least of which are apathy, a lack of education and a need for cooperation from other countries. “Iraq is […]
By John Lee. ExxonMobil has reportedly pulled out of three of the six exploration blocks it operated in Iraqi Kurdistan. According to Iraq Oil Report, it has abandoned the Qara Hanjeer, Arbat East, and Betwata blocks, while retaining 80 percent stakes in the Al Qosh, Pirmam and Bashiqa blocks. KRG's Minister of Natural Resources, Ashti […]
Kurdistan Region Deputy Prime Minister Qubad Talabani outlined his government's reform initiatives during speech to the sixth Kurdistan Oil and Gas conference, organised by CWC Group, in London on Monday. Below is the transcript of Deputy Prime Minister's speech: Distinguished guest, ladies and gentlemen. I'd like to warmly thank CWC for inviting me back again […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, 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 Attack, bomber, fighter and remotely […]
