By John Lee. Iraq plans to increase its exports of crude oil from its southern region to 3.47 million bpd in June, according to a report from Reuters. If achieved, this would beating the previous record volume set in November. The increase is planned to come mainly from the Basra Heavy grade, at 900,000 bpd, […]
BBC's File on 4 has produced a 38-minute programme on the recent allegations of corruption in the Iraqi oil industry, following the leaking of emails from Unaoil. The Monaco-based company denies that it helped companies win contracts by corrupting politicians and government officials. Jane Deith has been given access to the leaked papers and reveals […]
By John Lee. The United Nations has advertised several new positions in Iraq: National Programme Policy Officer (World Food Prorgamme, WFP) Emergency Specialist (UNICEF) Administrative Assistant (UNDP) Head of Programming (Catholic Relief Services, CRS) Program Manager II - Emergency Coordinator (Catholic Relief Services, CRS) Staff Counsellor (UNAMI) International Consultant (UNDP) Administrative Assistant (UNOPS) Deputy Country […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and remotely piloted aircraft […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 19 remittance companies took part in its currency auction on Thursday. A total of $144,348,479 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. In its results for the first quarter of 2016, the Abu Dhabi National Energy Company PJSC (TAQA) has said that its Atrush oil project in Iraqi Kurdistan is expected to commence oil production this year with a maximum gross capacity of 30,000 barrels per day. (Source: TAQA)
Kurdistan Regional Government Prime Minister Nechirvan Barzani met with Italian Defense Minister Roberta Pinotti and her accompanying delegation. In a meeting, attended by senior civilian and military officials, including Deputy Prime Minister Qubad Talabani, Minister Pinotti commended Kurdish military forces and Kurdistan Regional Government for their advances in the fight against terror. Minister Pinotti also […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Administrative Assistant (UNDP) Health Technical Advisor (Relief International) WASH Technical Advisor (Relief International) ERD Coordinator (International Rescue Committee, IRC) HLP Analyst for UNHABITAT (UNDP) (Source: UN) (Recruitment image via Shutterstock)
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesay. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Ground-attack, attack and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Blasts in mainly Shia neighbourhoods mark the year's deadliest day for Baghdad, with death toll crossing the 88 mark:
By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 17 remittance companies took part in its currency auction on Wednesday. A total of $153,253,181 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Iraq's new Dhi Qar Oil Company (DQOC) is getting US$42 million in start-up capital following approval from the Iraqi Ministry of Finance, according to a report from OilPrice. The company was spun off from the South Oil Company (SOC) in January, taking over four of its fields in Dhi Qar governorate; the […]
