The U.S. Embassy has announed the beginning of the application period for the Fulbright Foreign Student Program for academic years 2013-2015. The Fulbright program is accepting applications February 1 – April 30, 2012. This prestigious and competitive scholarship program, launched by the U.S. Congress and the late U.S. senator William J. Fulbright in 1946, allows […]
The World Refining Association (WRA) today announced the return of Middle East Downstream Week (MEDW) 2012. The conference will highlight the significant benefits that can be achieved in the downstream industry through diversification strategies, integrations plans and key business improvements during times of financial unrest where crude is priced at US$100 per barrel. To be […]
Dow Jones reports that the gas capture project with Shell and Mitsubishi in Southern Iraq is expected to start production this year. The head of the South Gas Company, Ali Hussein Khudhier, told the news agency that they expect to produce 50 Mcfd of gas this year. He added that the floating LNG plant and […]
The current political tensions in Iraq are likely to delay the finalisation of a new hydrocarbon law for more than a year, according to Reuters. "With these chronic political differences I can’t see any possibility of having an oil law this year,” said Adel Barwari, a Kurdish adviser to Maliki. “If the [differences] were, say […]
Reuters reports that Iraq has delayed its 4th energy auction until the end of May. "The oil ministry has decided to delay the 4th bidding round until May 30-31 to give more time for the interested companies to study the new amended contract," said Abdul-Mahdy al-Ameedi, director of the oil ministry's petroleum contracts and licensing […]
By Chris Bowers, British Consul General in Erbil. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. After months of waiting, we look to be in the final stages of government reshuffle. Around the world that is a time when the political system takes a deep breath, scans […]
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 Business News. […]
Saudi Telecom (STC), the kingdom’s largest telephone company, has reportedly abandoned plans to bid for Iraq’s fourth mobile-phone licence after delays in awarding the contract. Ghassan Hasbani, the company’s chief executive officer for international operations, told MEED that they will only be interested in the licence if they receive “concrete” information from the government. (Sources: […]
The fourth of the new routes into Iraq by low cost airline flydubai was completed today with the inaugural flight to Najaf. It began its three-times weekly service to Najaf today when the inaugural flight, FZ221, departed Dubai Terminal 2 at 0700hrs, and landed in Najaf International Airport at 0840hrs local time. The return flight, […]
The Managing-Director of Iran's Ports and Maritime Organization (PMO), Seyed Ataollah Sadr, announced on Sunday that Iran and Iraq have reached an agreement on launching a joint shipping line. Speaking to the Iranian Fars News Agency, Sadr said the move will provide the groundwork for private companies from both countries' to set up a joint […]
Iraq's Commission of Integrity (CoI) reports that it referred 4,365 cases of suspected corruption to the courts in 2011. The number of individuals accused in those cases was 5,682. The statistics, made by the Legal Office/CoI, showed the number of the distribution of these referrals is as follows: These numbers represent cases that were processed […]
The Sunday Times, citing unidentified industry sources, reports that French oil and gas producer Total is close to securing exploration rights over several exploration blocks in Iraqi Kurdistan. A deal could be announced within weeks, according to the newspaper. Chevron and ConocoPhillips are also believed to be competing for rights in the semi-autonomous region, following […]
