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Iran, Iraq Assess Drilling Cooperation in Oil Projects

A delegation of senior executives from Iraq's National Oil Company visited senior officials with the National Iranian Drilling Company (NIDC) to discuss cooperation in drilling projects in Iraq. Cooperation and facilitation of NIDC's presence in Iraqi projects were discussed during the Monday meeting of the two companies. A high-profile delegation from Iraq comprising executives of […]

Baghdad "Looks to Take Control of KRG Oil"

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.  The Iraqi State Organization for Marketing Oil (SOMO) announced Nov. 2 that it is arranging with Turkey to allow SOMO to sell Iraqi crude from the disputed territories […]

US General Cites Iraqi Forces' Ability in Liberating Al-Qaim

General Cites Iraqi Forces' Confidence, Ability in Liberating Qaim As the Iraqi flag flew over Qaim's border to boast the Iraqi town's liberation from the Islamic State of Iraq and Syria, it signaled a milestone in the defeat of ISIS as a physical caliphate, a senior coalition officer told Pentagon reporters today. Speaking via teleconference […]

Genel Energy confirms Payment from KRG

Genel Energy has announced that the company has received an override payment of $6.41 million from the Kurdistan Regional Government (KRG). The payment represents 4.5% of Tawke gross field revenues for the month of September 2017, as per the terms of the Receivable Settlement Agreement. An entitlement invoice for that month's export deliveries has been […]

Iran Resolved to Establish Railroad Link with Iraq

The Iranian president’s chief of staff voiced the administration’s determination to construct a railroad linking Iran to the Iraqi city of Basra, saying the project would give a major boost to the transportation industry in the region. Speaking to reporters in the southwestern city of Khorramshahr on Friday, Mahmoud Vaezi said various related bodies, including […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Qualitative Researcher, United Nations Development Programme (UNDP) Programme Associate, United Nations Assistance Mission for Iraq (UNAMI) Generator Mechanic, United Nations Assistance Mission for Iraq (UNAMI) Deputy Chief of Party/Monitoring and Evaluation Specialist, International Business & Technical Consultants, Inc. (IBTCI) Finance Manager, International Rescue […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Fundraising and Reporting Officer, Oxfam Programme Coordinator, Oxfam Programme Quality Manager, Oxfam Country Director, Norwegian Refugee Council (NRC) Camp Management / UDOC Specialist, Norwegian Refugee Council (NRC) Roving Education Project Manager, Norwegian Refugee Council (NRC) Protection Cluster Co-Coordinator, Danish Refugee Council (DRC) […]

Rosneft in the Kurdish Region: Moscow's Balancing Act

By Ahmed Tabaqchali. Originally published by Iraq in Context; re-published by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Between February 2017 and mid-October, Rosneft signed a number of deals with the Kurdish Regional Government (KRG) that established for it, […]

Baghdad may Export Kirkuk Oil to Iran

By John Lee. Iraq's State Oil Marketing Organization (SOMO) has reportedly confirmed that talks are ongoing between Baghdad and Tehran to export crude oil from Kirkuk to the Kermanshah refinery (pictured) in Iran. SOMO Director Alaa al-Mussawi is quoted as saying that trucks would initially supply 15,000 barrels of crude oil per day (bpd) to […]

KRG calls for Amendments to 2018 Federal Budget Bill

Prime Minister Nechirvan Barzani chaired a Council of Ministers meeting to discuss the federal Budget Bill of 2018, which was prepared by the federal Ministry of Finance without the participation of the Kurdistan Regional Government. In the meeting, which was also attended by Deputy Prime Minister Qubad Talabani, KRG Council of Ministers called upon Iraqi […]