Iraq to Cut Basra Crude Exports
By John Lee. Iraq will ship 43 cargoes of Basra Light crude in July, one less than in June, according to a loading program obtained by Bloomberg. An estimated 67.6 million barrels of the blend will be exported from the Basra Oil Terminal (ABOT), or 2.18 million barrels a day. That compares with 2.39 million […]
Iraq to Receive Russian Military Helicopters
By Ali Abel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On June 18, an Iraqi military source confirmed that the air force command will receive “Alligator” combat helicopters from Russia in the coming period. In a statement to Al-Monitor, the source, […]
UNESCO Runs Education Reform Workshop
In the framework of the Iraqi Public Sector Modernization programme, UNESCO office in Iraq organized a workshop from 23 to 25 June 2013 in the Royal Tulip Hotel in Baghdad under the title "Best Practices in Education Reform". During this three-day workshop international UNESCO experts introduced Iraqi officials to best regional and international practices in […]
Citi Opens New Office in Baghdad
The U.S. Embassy in Baghdad hosted a reception to celebrate the opening of Citi’s representative office in Baghdad. Citi [Citigroup] is the biggest financial services corporation in the United States. U.S. Ambassador to Iraq Stephen Beecroft stated during the ceremony: “U.S. companies, such as Citi, are demonstrating tremendous commitment to Iraq. Our companies bring capital […]
New US Visa Office for Erbil
The U.S. Consulate General Erbil has announced the provision of additional consular services beginning June 25, 2013. Iraqi residents can now apply for a range of nonimmigrant visas for travel to the United States, including tourist visas, business visitor visas, student visas, exchange student, and temporary worker visas at the Consulate General. Diplomatic, official, and […]
UN to Decide on Ending Chapter VII Sanctions
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. After more than 23 years under the scope of UN Chapter VII following its invasion of Kuwait in 1990, Iraq finds itself closer than ever to getting out from under that […]
Gazprom Considers More Work in Iraq
By John Lee. Gazprom has said that it is interested in working further in the oil and gas sector in Iraqi Kurdistan. Following a meeting in St. Petersburg between the Russian company's Chairman, Alexei Miller [Alexey Miller] (pictured), and KRG President Massoud Barzani, Gazprom issued a statement saying, "in particular, the parties discussed the progress […]
Italian NGO Promotes National Park Initiative
Minister Falah Mustafa received a delegation from Ev-K2-CNR, an Italian non-government organisation promoting studies in high-altitude disciplines, including environmental sciences, earth sciences and technological research, who were accompanied by the Head of Italian Consular Office in Erbil, Dr Simone De Santi. The team has visited the Kurdistan Region five times aimed at the creation of […]
HSBC Considers Quitting Iraq
By John Lee. HSBC said today [Tuesday] that it is considering selling its 70.1 percent stake in Dar Es Salaam Investment Bank (BDSI), which has made it the main international lender in Iraq. In April, Simon Cooper (pictured), HSBC's chief executive for the Middle East and North Africa, told reporters that its presence in Iraq […]
List of Downstream Oil Companies in Kurdistan
Erbil Governorate has compiled and published a list of the top downstream oil companies in Kurdistan. [Note: This list was originally compiled and published by Marcopolis - Ed.] Unlike the upstream sector, Kurdistan's refining industry is almost the exclusive preserve of locals, among them KAR Group, one of the region's largest private companies, which operates […]
List of Oil Distribution, Service Companies in Kurdistan
Erbil Governorate has compiled and published a list of the top oil distribution companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]: Qaiwan Group A diversified conglomerate based in Suleimaniyah with activities in construction (Qaiwan Towers, Qaiwan City, Sulaimaniyah Heights), energy (Baziyan Refinery, Petrol Stations, Oil Trading), retail and […]
Oil Companies in Kurdistan - Complete List of Top Oil Companies
Erbil Governorate has compiled and published a list of the top oil companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]. Please click here to see a list of oil companies with licences granted by the Ministry of Oil in Baghdad. [NEW: An updated list can now be found […]