GCC Criticises Iraq Ruling on Khor Abdullah
By John Lee. The Gulf Cooperation Council (GCC) has called on Iraq to address what it says are the, "negative effects of developments over the Khor Abdullah maritime agreement." Their statement follows a declaration from the Iraqi Federal Supreme Court that the law approving the agreement between the Iraq and Kuwait on the regulation of […]
UNDP signs Agreement with Iraqi University
The United Nations Development Programme (UNDP) and the American University of Iraq-Baghdad (AUIB) signed a Memorandum of Understanding (MoU), solidifying their joint commitment to fight corruption, promote integrity, enhance knowledge on arbitration law, and crucially, to promote innovation and youth employment, boost the renewable energies sector, foster environmental sustainability, and mitigate climate change. Addressing these […]
Laith Al Shaher joins the IBBC Advisory Council
From the Iraq Britain Business Council (IBBC): IBBC is delighted to announce that Mr. Laith Abdul Hussein Al-Shaher, immediate former Deputy Minister for Distribution Affairs at the Iraqi Ministry of Oil has joined the IBBC Advisory Council. Mr. AL Shaher was the lead negotiator with IOCs working in Iraq with regard to oil contracts and […]
Iraqi Dep PM discusses Gas-to-Energy Projects with GE
By John Lee. During a meeting with a delegation from General Electric Energy, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil expressed the government's commitment to supporting fast-track energy solutions for harnessing associated gas and converting it into useful energy. This collaboration with reputable international companies is part of the ministry's initiatives. […]
New Oil Well Drilled at Zubair
By John Lee. In Iraq's Zubair oil field, technical and engineering teams from the Iraqi Drilling Company (IDC) have successfully completed the drilling of a new oil well, Zubair/563, reaching a depth of 3538 meters. This achievement is part of a contract signed with the Italian company ENI to drill 37 oil wells in the […]
Militia State or Transport Hub: Iraq Can't be Both
By Baria Alamuddin, for Arab News. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Militia state or transport hub: Iraq can't be both The unveiling of a bounty of megaprojects should be Baghdad's moment of decision: Does it want to perpetuate its isolation […]
Reshaping Iraq-Kuwait Maritime Boundaries and Sovereignty
By Mohammed Muayad Koperly and Haider Zaki Qasim, for Iraq Business News. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Supreme Federal Court's Nullification of the Khor Abdullah Agreement: Reshaping Iraq-Kuwait Maritime Boundaries and Sovereignty As a reader interested in geopolitical affairs […]
Iraq may Add New Capacity to Najaf Refinery
By John Lee. During an inspection visit to the Najaf Refinery, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil emphasized the ministry's commitment to enhancing and expanding the refining capacities of national refineries. The goal is to support dedicated efforts in line with the ministry's objectives, including improving the quality of petroleum […]
Petrel Resources issues Development Proposal for Merjan Field
By John Lee. Irish-based Petrel Resources has claimed that an updated Merjan oil field development proposal has been submitted to the Ministry of Oil with a view to finalising a licence agreement. The company claims to have an interest in Iraq's Block 6 in the Western Desert, subject to ratification. Full text of the company […]
Obituary: Sami Azara al-Majun
From the Iraq Britain Business Council (IBBC): It is with great sadness that we have learned of the death of Sheikh Sami al-Majun. Sheikh Sami was a highly respected tribal leader from Samawah in the south of Iraq. After 2003 Sheikh Sami returned to Iraq and as member of the first parliamentary assembly participated in […]
Jiyad: Iraq Petroleum Sector Chronicle, Volume 5
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Petroleum Sector Chronicle - Convergence of Challenges and Existential Threats Preface, Introduction and Executive Summary My new book, Iraq Petroleum Sector Chronicle-Volume 5, covers the dramatic 2014, year of converging challenges […]
Preparations for Baghdad Conference on Cooperation and Partnership
By John Lee. The Iraqi Foreign Minister Fuad Hussein welcomed the French Ambassador to Iraq, Mr. Eric Chevallier. During their meeting, they discussed matters of mutual interest aimed at enhancing the bilateral relations between the two friendly nations. One of the key topics on the agenda was the upcoming Third Baghdad Conference on Cooperation and […]