By John Lee. Iraq's Ministry of Oil has announced that it will start rehabilitation of the Salahuddin refineries 1 and 2 in Baiji district. Through its North Refineries Company (NOC), it has called on local and international companies to supply the equipment outlined below: (Source: Ministry of Oil)
A top Kurdistan Regional Government delegation, headed by Prime Minister Nechirvan Barzani held an extensive meeting with the Kurdistan Parliament Deputy Speaker Jaafar Ebrahim Eminky and heads of Parliamentary Committees of Natural Resources, Industry, Energy, Financial and Legal Affairs. The KRG delegation included Deputy Prime Minister Qubad Talabani and a number of senior officials. In […]
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. Anbar’s western desert is a hiding place for the Islamic State group, locals say. And they fear the extremists will be back as soon as an opportunity presents itself. Last […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Reforming and Transforming SOMO This analysis was presented via Skype Conference to the management and staff of Iraq's State Oil Marketing Organization (SOMO) on 12th December 2017: Please click here to download […]
By John Lee. Private investors from Iraq and Turkey have reportedly held preliminary negotiations with Iran to expand and modernize its fuel stations. According to a report from Petrol Plaza, there are 3,600 fuel stations and 2,400 compressed natural gas (CNG) stations in Iran which need renovation and investment. To date, more than 250 state-controlled […]
By John Lee. Iraq has been ranked 168th out of 190 countries in the World Bank‘s recent Doing Business 2018 report, down from 165th place the previous year. Despite the fall in the rankings, the report notes that over the previous year Iraq simplified the process of starting a business by combining multiple registration procedures […]
The Federal Foreign Office of Germany has generously donated EUR 30 million (USD 34.8 million) to the Iraq Humanitarian Fund (IHF), a pooled fund led by the Humanitarian Coordinator and managed by OCHA. “We are deeply grateful to the German Government and the German people for this very generous contribution,” said the Humanitarian Coordinator for […]
KRG Prime Minister Nechirvan Barzani inaugurated the new building of Kurdistan Institute of Public Administration (KIPA) on Tuesday. In a speech, Prime Minister Barzani stated, he hopes that KIPA “will continue to work diligently to provide the much needed services of building the capacities of Kurdistan Regional Government’s civil servants.” Below is the transcript of […]
By John Lee. The state-owned Korea Gas Corporation (KOGAS) has said that it has recouped its $2.49 billion investment in the Zubair oil field in southern Iraq. According to a report from Yonhap, the company has recovered $2.53 million as of December, which exceeds its initial outlay. The oilfield is currently producing around 360,000 barrels […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has hosted a meeting in Baghdad with the French Minister of State for Foreign Trade, Jean-Baptiste Lemoyne, confirming the significance of the economic and financial relations between the two countries. Both sides expressed hopes for major cooperation in all sectors, including oil, industrial, agricultural, commercial, […]
By John Lee. The Institute for the Study of War has issued a new report -- Iraqi Security Forces and Popular Mobilization Forces: Orders of Battle -- in which it claimes that the liberation Daesh's urban holdings in Iraq was necessary but not sufficient to secure America’s vital national interests. It says ISIS has lost […]
By John Lee. The United Nations has advertised new positions in Iraq: Special Assistant, Political Affairs, United Nations Assistance Mission for Iraq (UNAMI) Risk Manager, Terre des hommes Evaluation Methodologist, International Business & Technical Consultants, Inc. (IBTCI) Public Administration and Good Governance Specialist, International Business & Technical Consultants, Inc. (IBTCI) Logistics Coordinator, Triangle Génération Humanitaire […]
