Iraq to double Oil Export Capacity at Khor al-Amaya
By John Lee. The South Oil Company (SOC) has started work on extension the Khor al-Amaya [Khor Al-Omaia] oil terminal (pictured) in Basra. Dredging operations have started with the intention of deepening of the shipping passages and anchor places for oil tankers. A Japanese loan will also facilitate the completion of the main transport pipeline, […]
Plan to Decentralize Power still Stuck in Limbo
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. Almost a year and a half ago, Iraq was supposed to undertake a historic exchange of power. This would have involved devolving power from the government in Baghdad to the […]
Video: Hundreds leave Refugee Camps as Army makes gains
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Battle for Mosul: Hundreds leave refugee camps as Iraq army makes gains As Iraqi forces move the fight for Mosul over to the west of the city, people are beginning to return to […]
Counter-ISIL Strikes Hit Terrorists in Syria, Iraq
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and remotely piloted […]
TAQA Changes Iraq Leadership
The Abu Dhabi National Energy Company PJSC (TAQA) has announced the appointment of AbdulKhaliq Al Ameri as acting project director TAQA Iraq with immediate effect. Mr Al Ameri, previously deputy project director TAQA Iraq, will be responsible for the development of the Atrush block in the Kurdistan region of Iraq. He will report to Saeed […]
Inherent Resolve Strikes Target ISIL in Syria, Iraq
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber and fighter aircraft […]
Iran to Build New Gas Export Pipeline to Iraq
By John Lee. The Planning Director of the National Iranian Gas Company (NIGC) has said that Iran has started work on the second pipeline for exports of natural gas from Iran to Iraq. Hassan Montazer Torbati (pictured) said construction of the pipeline to south Iraq had begun on a Build-Operate-Transfer (BOT) contract. The first pipeline […]
Trump May 'Suspend Some Immigration' from Iraq
By John Lee. ABC News cites sources as saying that US President Donald Trump could suspend some immigration from Iraq, Iran, Libya, Somalia, Sudan, Syria and Yemen, either temporarily or "indefinitely". They also say that the move by Trump, who is expected to visit the Department of Homeland Security on Wednesday, could also impact refugees […]
Iraq Announces Liberation of Eastern Mosul
After more than 100 days of hard urban combat, Iraqi officials announced the liberation of eastern Mosul on Tuesday. While clearance operations are ongoing, the Iraqi security forces control all areas inside the city east of the Tigris River, the east bank of the river around all five bridges crossing the Tigris River, Mosul University […]
Amnesty International condemns Execution of 31 Iraqis
Amnesty International has condemned the mass execution of 31 men in Iraq for their alleged role in mass killings in 2014, describing it as "further proof of the Iraqi authority’s blatant disregard for human rights and misguided use of the death penalty in the name of security." Local authorities confirmed to Amnesty International that they […]
Work Starts at Mid-Euphrates Airport
By John Lee. AFP reports that Iraqi officials laid the cornerstone of a new Mid-Euphrates Airport, 35 kilometres (20 miles) south of Karbala. The $500-million project will be carried out by the UK-based Copperchase, with work supervised by the Khayrat al-Sibtein company, which belongs to the Imam Hussein shrine (pictured). During the ceremony, Karbala Governor […]
ShaMaran Arranges new Fundraising
ShaMaran Petroleum has announced that it that it has successfully completed the book build for the equity issue (the "Private Placement") announced on January 19, 2017, on a private placement basis, of common shares of the Company ("Common Shares"). The pricing of the Private Placement was determined during the book-building process to be CAD 0.10 […]