Basra Gas Company Wins Flaring Reduction Award
The Basrah Gas Company (BGC) has been awarded the World Bank’s prestigious Global Gas Flaring Reduction Partnership (GGFR) Excellence Award for 2015. The GGFR Excellence Award recognises governments, oil companies and other organisations that have made a significant contribution to gas flaring reduction in the upstream sector of the industry through associated gas utilisation projects, […]
US Increases Humanitarian Assistance to Iraq
U.S. Ambassador to Iraq Stuart E. Jones has announced that the United States is providing more than $56 million in additional humanitarian assistance to Iraqis who have been affected by violence created by Da’esh inside Iraq. The Ambassador noted that the new funding brings total U.S. humanitarian assistance for the Iraq humanitarian response to nearly […]
AT&T Expands Operations in Iraq
AT&T has opened a new affiliate office in “Energy City” in Basra to serve multi-national companies in Iraq, particularly those in the energy sector. Dan Walsh (pictured), AT&T’s Senior Vice President and Managing Director for Energy Business Solutions, said: “It’s not every day we open up a new country for AT&T. Our data services are available […]
Profits from Protest: Street Vendors Flock to Baghdad
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. Profits from Protest: Street Vendors Flock To Baghdad For Demonstrators' Business The regular popular demonstrations being held in Baghdad every Friday are not just good for the country's democracy, they're […]
Coalition Airstrikes Hit ISIL in Syria, Iraq
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrike in Syria A remotely piloted aircraft […]
September Oil Exports Down
By John Lee. Iraq's oil exports for September fell to an average of 3.052 million barrels per day (bpd), down from 3.078 million bpd in August, according to a report from Reuters. Of this quantity, 3.03 million bpd were from the southern ports, with only 22,000 bpd from the north of the country via the […]
GKP Shaikan Reserves Increase
Gulf Keystone Petroleum (GKP) announced on Thursday the release of an updated independent third-party audit of the Company's Reserves, Contingent Resources and Prospective Resources for its oil & gas interests in the Kurdistan Region of Iraq, including the Shaikan and Sheikh Adi fields operated by Gulf Keystone. Today's updated Competent Person's Report ("CPR") was again […]
Jaafari Meets VP of World Bank
By John Lee. On the sidelines of UN General Assembly meetings, foreign affairs minister Dr. Ibrahim Al-Jaafari met Vice President of World Bank for Middle East and North Africa, Mr. Hafez Ghanem. They discussed the World Bank work mechanism and the support that the bank can contribute to reduce the crisis of decline in oil […]
Passenger Cars Allowed to Transit Green Zone
Security Message to U.S. Citizens The Iraqi government has announced that beginning October 1, 2015, passenger cars will be allowed to transit the International Zone (IZ) in Baghdad from north to south via the 14 July Expressway and a new entry control point will be put in place at the northern end of this expressway. […]
Video: Remaining Turkish Hostages in Freed
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Sixteen Turkish workers who had been kidnapped in Iraq nearly a month ago were freed on Wednesday and are in good health, Turkish officials said:
Peshmerga Offensive Clears Area West of Kirkuk
KRSC statement: Fourth major Peshmerga offensive west of Kirkuk clears more than 140 square kilometres Fourth major offensive in west of Kirkuk clears more than 140 square kilometres. Peshmerga Forces secure Ghara Heights, push ISIL beyond the river between Ghara Heights and Mt. Varies, and secure additional stretch of Kirkuk - Samarra highway From 1900hrs […]
Airstrikes Hit ISIL Terrorists in Syria, Iraq
On Tuesday, U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Remotely piloted, bomber, […]