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Iran, US set for proxy clash on Syrian-Iraqi Border

By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  As the Popular Mobilization Units (PMU) continue their operations in the western areas of Mosul, some PMU factions reached the Syrian border May 29 and were met by Syrian […]

Fallujah’s Devastated Industrial Zone to Re-Open

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Fallujah’s Devastated Industrial Zone to Re-Open – With Conditions Extremists took over Fallujah’s major industrial zone to make bombs. Now the all-important business area is to re-open – but under […]

PM Barzani meets Rosneft Board

By John Lee. A delegation headed by the KRG's Prime Minister Nechirvan Barzani met the board of Rosneft, including CEO Igor Sechin, in St. Petersburg on Thursday. The meeting is said to have centred around cooperation between the KRG and Rosneft in the Kurdish energy sector. In February, the KRG negotiated a deal with Rosneft […]

Iraq Signs Agreement on Nuclear Technology

Dr Fouad Kadhim Shati Al Musawi, Deputy Minister, Iraq's Ministry of Higher Education and Science and Technology, and Mr Dazhu Yang, International Atomic Energy Agency (IAEA) Deputy Director General and Head of the Department of Technical Cooperation, have signed Iraq’s Country Programme Framework (CPF) for the period of 2018–2023 on 1 June 2017. The ceremony […]

Barzani meets Gazprom Neft head in Russia

By John Lee. KRG Prime Minister Nechirvan Barzani and his accompanying delegation have met with the head of Gazprom Neft, Alexander Dukov, in St Petersburg.  Dukov briefed the Prime Minister about the company's work and activites of the region, while Barzani thanked him for his support for the region in difficult times. (Source: KRG)

Genel Energy CFO to Leave

Genel Energy announced on Friday that Ben Monaghan (pictured), Chief Financial Officer, has advised the Board of his intention to leave the company on 30 June 2017. The company said a search for a suitable replacement is ongoing and an announcement will be made in due course. Murat Ozgul, CEO of Genel, said: "Ben has […]

OEC Boss appointed Deputy Oil Minister

By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi] has reportedly appointed a new Deputy Minister for upstream operations. Spokesman Asim Jihad told Reuters that Kareem Hattab [Kareem Hattab Jaafer] (pictured), who will oversee exploration and production, has previously served as director general of the state-owned Iraqi Oil Exploration Company. (Sources: Reuters, Iraq Oil Report)

More than 350 Iraqi Civilians Killled in May

A total of 354 Iraqi civilians were killed and another 470 injured in acts of terrorism, violence and armed conflict in Iraq in May 2017*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in May (not including police) was 345, while the number of […]

U.S., Coalition Continue Strikes to Defeat ISIS

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Wednesday, conducting 30 strikes consisting of 51 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria In […]

Partnered Forces Continue to Make Progress in Syria, Iraq

Partnered forces in Syria and Iraq are continuing to make progress in defeating the Islamic State of Iraq and Syria, a Pentagon spokesman said today. Syrian Democratic Forces yesterday cleared more than 130 kilometers of terrain in the Raqqa valley and in the vicinity of Tabqa, Navy Capt. Jeff Davis told reporters. The SDF is […]

Kurds stock up on Spirits as Ramadan kicks off

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Residents of Iraqi Kurdistan stock up on spirits as Ramadan kicks off While Iraqi security forces were busy clearing the last pockets of Islamic State-controlled areas in Mosul and the wider public in Iraq was […]

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