Video: Iraq Army Offensive to Retake Tikrit
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Government forces head for rebel-held city in biggest troop movement yet towards territory held by ISIL and allies. Al Jazeera's Imran Khan reports from Baghdad.
Video: Petrol Crisis hits Kurdish Region
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The shutdown of Iraq's biggest refinery, roads blocked by fighting, and skyrocketing demand have created the worst fuel crisis in years in the country's semi-autonomous Kurdish region.
Video: Barzani says Kurdish Self-Rule in Kirkuk to Stay
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdish leader Massud Barzani said Friday there was no going back on autonomous Kurdish rule in oil city Kirkuk and other towns now defended against Sunni militants by Kurdish fighters.
Video: ISIL Declares 'Caliphate'
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The ISIL jihadists whose sweeping Sunni militant offensive has captured swathes of Iraq have declared an "Islamic caliphate" in their territory as Iraqi forces battle to retake Saddam Hussein's hometown Tikrit.
Lukoil to Invest $30bn at West Qurna-2
By John Lee. Ravil Maganov (pictured), who oversees Lukoil's exploration and production, has said total investment in the West Qurna-2 field was expected to exceed $30 billion. At its peak in 2019, he said he expects oil production at the field to hit 1.25 million bpd. The world's second-largest undeveloped field, with recoverable oil reserves of around […]
Turkey Increases Sales of Refined Oil to Iraq
By John Lee. The Turkish Energy Minister Taner Yildiz (pictured) said on Friday that Turkey is to sell an additional 4,000 tons/day of refined oil to Iraq in an attempt to ease the shortages caused by the current unrest, and in particular by disruption to production at Baiji [Bayji] oil refinery. He told reporters Turkey […]
Iraqi Media Fail: Encouraging Division, Causing War
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. Iraqi Media Fail: Encouraging Sectarian Division, Spreading Rumours, Causing War The way that the Iraqi media have covered the current crisis has left a lot to be desired. Instead of […]
Video: Life under ISIS Rule
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Arwa Damon reports on how Iraqis are living under ISIS control in Mosul:
Allawi: US Policy toward Iraq 'Without a Compass'
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Ayad Allawi, the former Iraqi prime minister and leader of the Iraqi Nationalist ("Wataniya") Party, blamed the Iraqi government for policies that have allowed it to be "defeated by a bunch of […]
Video: Corruption leaves Military Struggling
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Bribery, corruption, and nepotism have led some analysts to say Iraq's military has been "built to fail". Billions of dollars have been spent rebuilding the military since the fall of Sadaam Hussein, but […]
Iraqi Kurdish City on High Alert
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. Iraqi Kurdish City on High Alert, with Jihadi Monitoring and Prayer Groups Banned With extremists moving in next door, the Iraqi Kurdish province of Sulaymaniyah [Slemani] is ramping up security […]
Kurdish Plan to up Exports, Share Kirkuk Revenue
By John Lee. The KRG's Minister for Natural Resources, Ashti Hawrami (pictured), has told Reuters that the Kurds have plans to increase their oil exports eight-fold by the end of 2015. He said Kurdish oil exports could double "within a month or so" to around 250,000 bpd and hit 400,000 bpd by the end of […]