By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW The ebb and flow of violence continued in Iraq this week with many religious pilgrims targeted and killed by suicide bombers, predominantly in Baghdad and Nineveh provinces. Kurdish fighters have also continued to secure and fortify their positions in northern Syria and along the Iraqi border having […]
By John Lee. Baker Hughes has announced that a protest incident by local residents occurred last Saturday at a subsidiary's facility near Basra. No injuries were suffered and the facility was secured. The incident is currently under investigation. Due to the significant disruption of business, Baker Hughes has suspended operations in Iraq, and has issued […]
By John Lee. A British employee of security firm G4S has reportedly been injured by a group of workers at a Schlumberger camp near the Rumaila oilfield. The Daily Star says the man had tried to remove a picture of Imam Ali, and flags and pamphlets commemorating Imam Hussein, venerated figures in Shiite Islam, allegedly […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Disturbing video footage has appeared of dozens of angry Shi'ite Muslim workers storming a Schlumberger Ltd camp at the Rumaila oilfield and beating a British security adviser they accused of insulting their […]
By John Lee. Iraq's deputy prime minister for energy, Hussain al-Shahristani (pictured), has said that 'Big Oil' is about to spend over $25 billion next year to boost oil output towards record levels. He predicted that the southern fields are expected to pump an extra 500,000 bpd in 2014, compared to just over 3 million […]
By John Lee. The Iraqi government has said that construction has begun on a cabinet-approved project to build 2,500 houses for the victims of terrorism. Deputy Prime Minister Saleh al-Mutlaq said: "The project, which the industry, housing and construction ministries began last week, is an initial phase and includes Baghdad, Wasit, Babil and Anbar provinces." The […]
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. Mohammad Karimi was driving his car between two towns in the mountainous region of western Iran on an evening in early October. The vehicle was laden with satellite dishes, illegal under […]
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. Making Themselves at Home: al Qaeda Ups Mafia-Style Extortion in Mosul The northern Iraqi city of Mosul is well known as the base of Sunni Muslim extremists, Al Qaeda, […]
By Salem Radwan al-Mousawi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Justice Minister Hassan al-Shammari recently prepared a new draft law regarding Jaafari [Shiite] personal status and Jaafari jurisprudence. He then submitted the law to the Council of Ministers, so that […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Christiane Amanpour speaks with Former Iraqi Prime Minister Ayad Allawi:
One of the largest oilfields in the world is back in operation after an unorthodox upgrade. The boost in oil production from the Majnoon field in southern Iraq is expected to contribute significantly to meeting global energy demand. It could also help regenerate a country ravaged by war. But redeveloping what was once a raging […]
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW In comparison to much of October the start of November has been somewhat quieter in Iraq although there have been a score of high impact explosions, which killed dozens. On the transnational front the actions of Syrian Kurdish factions fighting in northern Syria continue to influence regional […]
