Basra - Lowest Unemployment Iraq
A discussion loop in Basra on Sunday showed that the province has the lowest unemployment rate throughout Iraq. “Unemployment is among the biggest challenges that face Iraqi economy,” a source insider to the loop told Aswat al-Iraq news agency. She said that unemployment negatively affects economic and social circumstances in Iraq. (Aswat Al Iraq)
Petrofac Targets Iraq Oil after Asfari Quadruples Share Value
Ayman Asfari, the chief executive officer whose oil and gas engineering skills guided a fourfold increase in the value of Petrofac Plc within five years, is now preparing to tap Iraq’s energy boom.
OPEC Concern over Iraq Oil 'tsunami'
'You could be looking at 1.5 million barrels in two years,' said a senior executive at one of the oil firms involved in Iraq. 'That could make a huge difference to the supply and demand balance. Is there going to be that kind of demand pick up in that timeframe?'
The Oil Curse
Iraqi's won't be kept away from the polls by mere car bombs and mortar shells. But by and large they were voting for the same coterie of politicians who've made Iraq among the five most corrupt nations in the world.
Gulf Keystone Petroleum takes Full Control of Kurdistan Operating Subsidiary
Gulf Keystone Petroleum is set to increase its interests in Kurdistan by assuming 100% control of its GKPI operating subsidiary, following a material default by the company’s investment partner in Kurdistan, ETAMIC.
Coyne Airways route into Iraq
Coyne Airways has been appointed as the exclusive sales agent in the UK and Ireland for RUS Aviation, giving freight forwarders direct access to an extensive route network into Iraq.
Cabinet allocates oil revenues to producing provinces
“The cabinet proposed the allocation of $1 per barrel to each province that produces oil,” Dr. Ali al-Dabbagh, the official spokesperson of the Iraqi government, said in a release on Tuesday received by Aswat al-Iraq news agency.
CNOOC and Sinochem sign initial deal for Missan field
China National Offshore Oil Corp., has signed an initial agreement with Iraq to develop the 2.5 billion-barrel Missan oil field complex in southern Iraq, a senior Iraqi oil ministry official said Monday.
MOL tests Bijeel oil finds in Iraq Kurdistan
A unit of MOL Hungarian Oil & Gas PLC has gauged oil and gas at the Bijeel-1 exploratory well in Iraqi Kurdistan, the well, in the east-central part of the 889 sq km Akri Bijeel block, flowed at rates of as much as 3,200 b/d.
Press conference on Agriculture
The Bureau of Information, Ministry of Agriculture press conference on the agricultural will be held from 14 to 21 April, with the participation of the Ministries of Agriculture, Water Resources, Iraq Exhibitions Company, a group of businessmen and Arab and foreign companies..
German Envoy Meets Businessmen in Basra
The German ambassador in Iraq has arrived in Basra province and met with a number of local businessmen, the head of the Businessmen Union in the province said on Saturday. “Accompanied by some of his advisors, the German ambassador, Paul von Maltzahn, arrived on Saturday in Basra and met with a number of businessmen and […]
1st Umra Flight to Jeddah Airport
The first flight carrying pilgrims has taken off from Ninewa Airport to Jeddah International Airport, a civilian source said on Saturday. “The plane, carrying 223 pilgrims from local residents aboard, took off this afternoon,” the source, who requested anonymity, told Aswat al-Iraq news agency. Umra is a pilgrimage to Mecca, Saudi Arabia, performed by Muslims […]