By John Lee. Coalition airstrikes have failed to interrupt the oil industry in areas controlled by the Islamic State group (IS, ISIS, ISIL), reports the Financial Times. IS is running what the article describes as “a sprawling operation almost akin to a state oil company that has grown in size and expertise despite international attempts […]
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The current situation of archaeological sites in Iraq is saddening. These sites are neglected, abandoned, lack organized protection, and are covered by sand and exposed to tampering by modernists and thieves. Al-Monitor visited the […]
By John Lee. South Africa's Strategic Fuel Fund (SFF) wants to import 24 million barrels of oil a year from Iraq to boost its reserves, according to a report from Reuters. The country has not imported crude oil from Iraq since 2003, when Saddam Hussein was toppled. In August, South Africa's largest black-owned petrochemical company, […]
By John Lee. Iraqi security forces claimed on Thursday to have taken control of most of Baiji oil refinery from the Islamic State group (IS, ISIS, ISIL). But the complex is reported to have been almost completely destroyed in the long battle for control of the site and nearly town. According to Reuters, conservative estimates […]
By John Lee. Iraq's Commission of Integrity has reportedly issued an arrest warrant for a number of Iraqi government officials, including the former minister of electricity Karim Aftan al-Jumaili, on corruption charges. Accoring to BasNews, former Member of Iraqi Parliament Odai Awad had previously accused al-Jumaili of 27 cases of corruption. Jumaili was appointed as Minister […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The political crisis in Iraq’s Kurdistan region has deepened after the Kurdistan Democratic Party sacked five ministers from the rival Goran movement. The move is likely to worsen two months of presidential dispute […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Remotely piloted and […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Empirical Aspects of the Extractive Industry Governance in Iraq Extractive Industry Governance is one of the most critical components of the broad, good, democratic and inclusive governance, especially for the developing […]
Petrofac has been awarded a multi-million dollar technical training contract with Shell Iraq, achieving their fourth win with a major operator in the country. Effective October 2015, Petrofac Training Services (PTS) has joined Shell in the management and operation of Shell’s Majnoon training centre in the Majnoon oil field development in Southern Iraq for two […]
Iraq’s youngest airline, FlyBaghdad, is in talks to start flying to Dubai and plans to launch European routes in early 2016, according to a report from Gulf News. The airline’s Regional Commercial Manager, Mohammad Abdali, told the news agency that the Iraqi-owned airline started domestic flights to Erbil, Sulaymaniyah, Najaf and Basra from its hub […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Fighter and remotely […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Farmers in Iraq say their industry is on the verge of collapse. They blame years of conflict, government neglect and the rise of ISIL for nearly destroying the agricultural sector. Al Jazeera's Imtiaz […]
