Foreign Minister Meets Iranian Ambassador
By John Lee. Foreign Minister Hoshyar Zebari met the Ambassador of the Islamic Republic of Iran, Hassan Danae Fer, on January 9th. During the meeting, the two sides discussed the political and security situation in the region, issues of common interest and official visits of officials and delegations between the two countries. The Ambassador stressed […]
Gazprom Neft Produces First Oil at Badra
By John Lee. Gazprom Neft, operator of the Badra oilfield, has reported the successful completion of well-testing at its BD4 appraisal well at the end of December, 2013. Potential production capacity was tested through the sequential testing of six drilled strata, followed by final testing of all pay horizons concurrently. A daily natural flow rate […]
NESPAK Reopens Office in Iraq
By John Lee. National Engineering Services of Pakistan (NESPAK) has set up an office in Iraq, reports The News. Managing Director Amjad A Khan said that the company has set up its office in Baghdad to deal with the East Gharraf [Gharaf] project awarded by the Ministry of Water Resources. The project marks the restart of […]
Anbar Council calls for End to Siege
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi security forces, backed by air support, are continuing their wide-scale military operations against al-Qaeda strongholds in the desert areas of Anbar province extending to the Syrian and Jordanian borders. Iraqi Prime […]
Iraqi Soldiers mark Army Day
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi soldiers mark Army Day with subdued celebrations as battle rages with al-Qaeda insurgents. Iraqi soldiers have half-heartedly celebrated the 93rd anniversary of the army's creation amid the deteriorating security situation in […]
Secret Deal sees Al Qaeda Leave Fallujah
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. Out The Back Door: Secret Deal with Anbar Tribes Sees Al-Qaeda Leave Fallujah A secret deal was done between the tribes of Anbar and Sunni Muslim extremists this week […]
Video: Fallujah Locked in Stand-Off
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. More than 13,000 families have fled Fallujah, NGOs said Wednesday, warning of a dire humanitarian situation in Iraq, as masked gunmen held the city, locked in a days-long standoff with the army:
IBN Bloggers Excel!
By Padraig O'Hannelly. Today we are proud to bring you the 200th edition of our Iraq Business News newsletter, and to mark the event we open this week's newsletter with three excellent articles from our panel of Expert Bloggers: Robert Tollast interviews a Basra-based Engineering Director about the positive developments taking place in the province; […]
GKP Shares Up Following Update
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were up 4 percent this morning after the company provided an operational and corporate update: Significant progress has been made since the Field Development Plan ("FDP") for the Shaikan field was approved in June 2013. In July 2013 the Company commenced commercial production, marking Gulf Keystone's […]
Hyundai Wins $6bn Kerbala Refinery Deal
By John Lee. A group of companies led by Hyundai Engineering & Construction has won a $6.04-billion contract to build the new 140,000-bpd Kerbala oil refinery. The Iraqi cabinet approved the deal between the Oil Ministry's State Company for Oil Projects (SCOP) and the consortium on Tuesday. Construction is to be completed within 54 months. […]
KRG Confirms Oil Export through Ceyhan
The KRG Ministry of Natural Resources (MNR) gives public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region’s new pipeline through Turkey to the Port of Ceyhan (pictured). MNR anticipates the sale of the first parcel of two million barrels of exported crude oil to occur […]
UN Assists Population of Anbar
The Special Representative of the United Nations Secretary-General for Iraq (SRSG), Mr. Nickolay Mladenov (pictured), said that the UN is working closely with the Iraqi national and regional authorities as well as with humanitarian partners to ensure safe passage for humanitarian assistance and emergency supplies to both the stranded and displaced families of Anbar province. […]