By John Lee. ShaMaran Petroleum has announced the successful testing and completion of the Chiya Khere-8 ("CK-8") development well in the Atrush Block in the Kurdistan Region of Iraq. The CK-8 development well was drilled in the third quarter of 2014. The well was re-entered in July 2015 and two well tests ("DST") using an […]
By John Lee. Eighteen Turkish employees of Ankara-based construction company Nurol Insaat have been kidnapped in Baghdad. Masked men in military uniforms reportedly stormed the construction site, where the workers were sleeping in caravans, and bundled them into several SUVs early on Wednesday. The men were working on the construction of the new sports complex […]
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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Bomber, fighter and remotely piloted […]
According to casualty figures released today by UNAMI, a total of 1,325 Iraqis were killed and another 1,811 were injured in acts of terrorism, violence and armed conflict in August 2015*. The number of civilians killed was 585 (including 20 civilian police and casualty figures in Anbar), and the number of civilians injured was 1,103 […]
By John Lee. Iran’s Deputy Oil Minister has announced that an office of the National Iranian Oil Company (NIOC) has been officially opened in Iraq. According to a report from Mehr News Agency, Roknoddin Javadi (pictured), who is also the Managing Director of the NIOC, stressed the need to be present in neighbouring countries, adding […]
By John Lee. Australian wheat was reported to be offered at the lowest price, in a tender for at least 50,000 tonnes of hard wheat for the Iraqi Grain Board. The tender closed on Sunday and offers must remain valid up to Thursday, according to Reuters. Australian wheat: 50,000 tonnes at $231.70 a tonne c&f free […]
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 today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Fighter aircraft conducted an […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. More than a month after it began, a military offensive against ISIL in Iraq's western Anbar province is showing few signs of progress. ISIL still controls much of the territory and hundreds of […]
From Iran's PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIL terrorists in Iraq have arrested some 200 protesters opposed to the terrorist group in Anbar province. The Speaker of Anbar Provincial Council says the arrests were made in the western city of […]
The FBI is alerting art collectors and dealers to be particularly careful trading Near Eastern antiquities, warning that artifacts plundered by terrorist organizations such as ISIL are entering the marketplace. “We now have credible reports that U.S. persons have been offered cultural property that appears to have been removed from Syria and Iraq recently,” said […]
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. To veil or not to veil: Iraqi women face scrutiny over their choices The Najaf Nationality Directorate, south of Baghdad, refused to grant a travel permit to civil activist and Iraqi citizen Intisar Alyawi […]
By John Lee. In its latest Half Yearly Report, Russia's Lukoil reports that in the first half of 2015, the Group accrued revenue from the West Qurna-2 project in the total amount of $1,535 million, consisting of cost recovery of $1,475 million and remuneration fee of $60 million, compared to the revenue of $1,179 million […]
