By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for June of 86,765,589 barrels, giving an average for the month of 2.892 million barrels per day (bpd), slightly down from the 2.899 million bpd exported in May. The exports from the oilfields in central and southern Iraq amounted to approximately 83,690,352 barrels, […]
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Chinese oil companies fill void in Iraq As major Western oil companies reconsider their positions in Iraq, China is seizing the opportunities offered by their departure. Click here to […]
By John Lee. Baghdad-based Nasrin Alyaman Company has won a contract with the United Nations Secretariat for the rehabilitation of Al Maliha water treatment plants (500 m3/hr), in Al Asry neighbourhood, Baiji district, Salah al Din. The contract is valued at $148,840. (Source: UNGM)
By John Lee. The United Kingdom has issued sanctions against a number of individuals, including a former Governor of Nineveh province in Iraq. Nawfal Hammadi Al-Sultan is alleged to have misappropriated public funds intended for reconstruction efforts, and to have improperly awarded contracts and other state property. He is currently serving a five-year prison sentence […]
From The British Institute for the Study of Iraq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Epic Story of a New Museum for Basra: Humanity Always Wins The Epic Story of a New Museum for Basra celebrates the completion of the Basrah […]
Germany, IOM Strengthen Partnership for Evolving Humanitarian Response in Iraq During the ISIL conflict, an estimated six million Iraqis were displaced. Thousands of families have returned to their areas of origin since the end of the crisis, but unstable conditions in Iraq have caused a significant shift in the country's humanitarian situation. As country-wide camp […]
From UNDP: How restoring electricity has transformed the lives of residents in Mosul. Click here to read the full article.
By Bilal Wahab, Joey Hood, Jane Arraf, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A senior State Department official, a Baghdad bureau chief, and an Iraqi scholar explore the opportunities and increasingly desperate dangers facing […]
By John Lee. An advisor to Iraqi Prime Minister Mustafa al-Kadhimi has said that nearly half of the country's oil exports go to China, making China the number one market for Iraqi oil. Speaking on Thursday, Mazhar Muhammad Salih said that China accounts for about 40-44 percent of Iraqi oil exports, equating to about 800,000 […]
By John Lee. The Iraqi Government has reportedly allocated a budget of $162 million for road improvement in Baghdad. According to World Highways, the works will include maintaining and widening existing roads, and building three new bridges. The client will be the Baghdad Municipality, and the tender process is due to open shortly. (Source: World […]
By John Lee. The Chief Executive of Russia's LUKoil has reportedly confirmed that the company may reduce its stake in Iraq's West Qurna-2 oil field. Reuters cites Vagit Alekperov as making the comment on Thursday during a visit to the company's facilities in Nizhny Novgorod. (Source: Reuters)
By Massaab Al-Aloosy, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Entrenched corruption in Iraq's health system is costing people their lives. Click here to read the full article.
