By Padraig O'Hannelly. In 1987, management guru and writer Tom Peters wrote that the formula for success was to under-promise and over-deliver -- in other words, to manage expectations. We can only hope that this maxim was in the mind of Iraq's Minister of Electricity, Abdulkarim Aftan [Karrem Aftan al-Jumali]., when he spoke this week about […]
By John Lee. Shares in the Anglo-Turkish oil and gas company Genel Energy closed up 6.4 percent on Wednesday after it announced that the first of five exploration wells it plans to drill this year in the Kurdistan Region of Iraq has made a significant oil discovery. The company said the Chia Surkh 10 well […]
Iraqi press sources claim that the Ministry of Electricity has ceased dealings with the German company Siemens and all its subsidiaries, due to the company not fulfilling its contracts. The spokesperson of the Ministry of Electricity, Musab al-Mudaris, reportedly said that Minister Kareem Aftan gave the instruction during a meeting with the South Korean company Hyundai […]
University of Manchester archaeologists have started the excavation of an enormous building complex in Iraq, thought to be around 4,000 years old. The team, directed by Professor Stuart Campbell and Dr Jane Moon, both from Manchester, and independent archaeologist Robert Killick, first spotted the amazing structure – thought to be an administrative complex serving one […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As the hot weather sets in, promises to provide round-the-clock electricity are making headlines in Iraqi news programs and newspapers. This comes after the hardships Iraqis have undergone in recent years […]
The UNAMI Human Rights Office (HRO) held the second in a series of two workshops in Najaf on 19-20 March to build and strengthen the capacity of 30 civil society organizations (CSOs) from Najaf and Diwaniya governorates to conduct human rights monitoring in their respective locations. Funded through UNAMI’s Quick Impact Projects (QIPs) programme, the […]
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq marks a decade since US-led forces took control of Baghdad, sealing the ouster of Saddam Hussein's brutal regime, but the country remains plagued by deadly attacks and mired in political crises: (Source: AFP)
By John Lee. Nihad Mossa, director general of the Ministry of Oil's State Company for Oil Projects (SCOP), told The Jordan Times on Monday that Jordan and Iraq have signed an $18-billion agreement to build a double pipeline that will supply Jordan with crude oil and natural gas. He added that the Iraqi government is keen […]
By John Lee. Rigzone reports that the Iraqi oil ministry is planning to auction the giant 'Nasiriya Integrated Project' -- which involves the development of a $4.4-billion oil field and the building of a 300,000 bpd refinery in southern Iraq -- on 19th December. At a workshop in Amman, Jordan, for international companies interested in the […]
By John Lee. The first cargo of Iraqi Kurdistan's crude oil has been sold on the international market, industry sources report. World Bulletin says that the crude, pumped from Genel Energy's Taq Taq oilfield (pictured), was exported by truck to Turkey and sold via tender for loading in April. One trader said the cargo sold […]
In March the Iraq Club celebrated its 1st anniversary with a fun and informative event held in Dubai Marina. The anniversary event was attended by 100 senior energy and infrastructure professionals actively engaged in Iraq. The Club was honoured with a presentation by His Excellency, Ismat Ageed Siddiqi, Ambassador-Consul General to UAE–Dubai. Kyle Stelma, Managing […]
