Kurdistan Region Prime Minister, Nechirvan Barzani, yesterday received a United States congressional delegation, led by Congressman Rob Wittman. In the meeting, which was also attended by Kurdistan Region Deputy Prime Minister, Qubad Talabani, Mr. Wittman commended the Kurdistan Region Peshmerga Forces for having been able to repulse the attacks of the Islamic State terrorist organisation, […]
By Ahmed Mousa Jiyad. Oil Export Revenue Distribution Issues in Iraq This is part two of a research work commissioned by the Natural Resource Governance Institute-NRGI (USA) as part of the preparation for NRGI’s strategic plan for interlinked and complementary interventions in Iraq during the upcoming three years. The Executive Summary of the study was […]
By John Lee. Gulf Keystone Petroleum (GKP), the operator of the Shaikan field in the Kurdistan Region of Iraq, confirmed on Monday that it continues to produce in excess of 40,000 barrels of oil per day following the successful completion of 'de-bottlenecking' (sic) operations at PF-1. According to a statement this morning, as a result of the continuing […]
By Lemya Ayub. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. Melad Hamed – The Cutting Edge Fashion Designer with a Heart of Gold Melad Hamed, is well-known in Iraq and across the Arab world as the cutting edge fashion designer with a heart of […]
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, which took place between 8 a.m. Saturday and 8 a.m. Sunday, local time, noting that assessments of results […]
By Mark DeWeaver. This has been quite a year for the Iraqi dinar. From a level of IQD 1,217: USD 1 at the end of 2014, the market rate for the currency weakened steadily during the first quarter, penetrated a key support level at 1,290 in late April, and reached a low of 1,379 on […]
By Robert Tollast. The following opinions are the authors only, and do not necessarily represent the views of Iraq Business News. This article examines Iraq’s localised and national level attempts to foster pan sectarian cooperation against ISIL, looked at in the context of previous counterinsurgency campaigns fought by Britain and the US. “Our fighting against […]
By Simon Kent. Al Jazeera have reported a string of violent incidents in Iraq in the past 24 hours. In Salahaddin, a suicide bomber targeted a meeting of anti ISIL Sunni Sheikhs, killing at least 18 people. ISIL and its predecessor ISI have long targeted opposing Sunnis, fearing widespread Sunni opposition in Iraq would undermine […]
By Simon Kent. Lukoil, the Russian energy giant with one of the biggest investments in southern Iraq at the vast West Qurna 2 oil field, have issued a statement in support of Iraq's move to split crude grades into Basra Heavy and Basra Light. Previously, different grades arrived at Basra for blending, which not only […]
By Robert Tollast. Sterling, the international Health, Safety and Environment oil and gas and construction specialists, have expanded their HSE training site in Erbil. Sterling focus on HSE consulting, building capacity to mitigate risks and environmental hazards, as well as preventing and dealing with major incidents in construction and the energy sector. The expanded centre will […]
By Simon Kent. Sources at Ceyhan have told Reuters that there is insufficient oil in the Iraqi State Oil Marketing Organization (SOMO) tanks at the port to fill planned cargoes. Both BP and Spain's Cepsa have cancelled shipments, and no oil has gone to SOMO storage for the past ten days. According to sources, this […]
By Robert Tollast. The BBC's Orla Guerin has filed a report from Anbar after spending time with a Sheikh from the Albu Issa tribe. The report relays another example of a growing number of complaints from anti-ISIL Sheikhs in the strategic province. Many Sheikhs assert that the government is not giving them enough funds and […]
