Tag Archives | Basra News

The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News

Perceptions of Police, Security and Governance in Iraq

Perceptions of Police, Security and Governance in Iraq: IOM Study The International Organization for Migration (IOM) and Yale Law School's Center for Global Legal Challenges (GLC) are releasing a new report that evaluates community perceptions of police and security in three communities across Iraq. This new study - Perceptions of Police, Security and Governance in […]

Local Businesses get Boost from Iraq Lockdown

By John Lee. Iraq's national lockdown in response to the coronavirus (COVID-19) pandemic has reportedly given a boost to local businesses. According to a report from AFP, local businesses no longer have to compete with imports from countries such as Turkey, Iran, China, Saudi Arabia, Jordan and Kuwait. It quotes the owner of an ice-cream […]

Foreign Staff Evacuated from Basra Gas Company

 By John Lee. Shell has reportedly evacuated its foreign staff who had been working at the Basra Gas Company (BGC). BGC executives told Reuters that around 60 staff were flown out on Wednesday after workers who had been laid off staged a protest. Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with […]

Rocket Attack Targets Halliburton in Basra

By John Lee. At least three rockets are reported to have hit near Halliburton's site in the Burjesia area of Basra early on Monday morning. It is understood that the incident caused no casualties or damage. It is the first attack to target US energy interests in Iraq in recent months. (Sources: S&P Global Platts, […]

Protests Spread in Basra as Death Toll Rises

By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Protests spread in oil-rich Basra as death toll rises Repeated closures of Iraq’s key Umm Qasr port and intermittently blocked internet over the past almost two months have led to […]

Iraq to Build 5 New Refineries

By John Lee. The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country: Kirkuk with a capacity of 70,000 barrels per day (bpd); Wasit capacity of 140,000 bpd; Nasiriyah capacity of 140,000 bpd; Basra card 140,000 bpd; and al-Faw […]

What’s Really Polluting the Shatt al-Arab?

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. What’s Really Polluting Southern Iraq’s Most Important Waterway? For years, fish and other marine life has been disappearing from the all-important Shatt al-Arab waterway in Basra. This wide river at […]

ICTSI builds Umm Qasr Deep-Water Capacity

International Container Terminal Services Inc. (ICTSI) has formally inaugurated two new berths which for the first time offer the port of Umm Qasr, Iraq’s main dry cargo port, the ability to handle container vessels of up to 14,000TEU. The inauguration ceremony marked both the opening for business of the two new berths, Berths 25 and […]

Cabinet Approves $25m Desalination Project

By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. It authorised the Ministries of Education, Higher Education and Scientific Research, other ministries, public bodies and local councils to recruit holders of post- graduate degrees, and to exempt this round of recruitment […]