Tag Archives | featured

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Senior Admin / IT Assistant, United Nations Assistance Mission for Iraq (UNAMI) Security Guards, United Nations Assistance Mission for Iraq (UNAMI) Driver/Dispatcher, United Nations Assistance Mission for Iraq (UNAMI) Budget Analyst, United Nations Assistance Mission for Iraq (UNAMI) SCOPE IT Solution Associate (two […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Deputy Country Director, Norwegian Refugee Council (NRC) Grants Manager, Norwegian Refugee Council (NRC) Compliance and Risk Management Adviser, Norwegian Refugee Council (NRC) Emergency Response Team Leader, Relief International Consultant & IDP and Refugee Labor Rights, Relief International Administrative Assistant (Assets Management), United […]

DNO Shares Continue to Rise

By John Lee. Shares in Norway's DNO continued to rise on Friday, following yesterday's announcement of a “landmark settlement of outstanding receivables " with the Kurdistan Regional Government (KRG). At market close on Friday, the shares had gained 13.8 percent on the day, and 35 percent since Thursday morning. However, DNO's partner in Iraqi Kurdistan, […]

Oil Ministry Declares its Final Exports for July

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for July of 100 million barrels, giving an average for the month of 3.226 million barrels per day (bpd), slightly more than the 3.273 bpd exported in June. These exports were shipped by 33 multinational companies from the ports of Basra, Khor Al- Omaia and […]

Details of Latest Strikes Against ISIS

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 13 strikes consisting of 35 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]

DNO reaches Settlement with KRG; Shares Rise

Shares in Norway's DNO ASA jumped 8.7 percent this morning following the announcement that the company has reached a "landmark settlement of outstanding receivables owed to the Company for past crude oil deliveries", and the announcement of half-year revenues up 43 percent from the same period last year. Under the settlement, DNO has been assigned […]

Genel Shares Rise on KRG Deal

Genel Energy has announced a definitive agreement with the Kurdistan Regional Government (KRG) relating to unpaid entitlements for past oil sales from the Taq Taq and Tawke fields. The company's shares were trading up 7 percent on Thursday morning. Cash flow is expected to be materially enhanced over the course of the agreement, delivering significant […]

DNO announces Strong Revenues

DNO ASA, the Norwegian oil and gas operator, today announced half-year 2017 revenues were up 43 percent from the same period last year following regular export payments in the Kurdistan region of Iraq. Free cash flow jumped four-fold to USD 157 million on operated production of 114,000 barrels of oil equivalent per day (boepd) during […]

Iraq may Change Oil Pricing Benchmark for Asia

By John Lee. Iraq is considering changing its price benchmark for Basra crude oil sales to Asia. From January, the State Oil Marketing Organization (SOMO) proposes to price relative to Dubai Mercantile Exchange (DME) Oman futures, rather than the average of Platts’ Oman-Dubai quotes. According to a report from Reuters, this would mark a significant […]

Germany, UNDP agree $2.8m Funding for Reconciliation

The United Nations Development Programme (UNDP) and the German Embassy in Baghdad signed a cooperation agreement to support civic and community-based reconciliation across Iraq. Under the leadership of the Implementation and Follow Up National Reconciliation Committee (IFNRC) of the Office of Iraq’s Prime Minister, UNDP has recently launched a major project to support local peace […]

Justice Essential to help Victims of ISIL’s Sexual Violence

Justice essential to help Iraqi victims of ISIL’s sexual violence rebuild lives The Iraqi Government needs to ensure that the thousands of women and girls who survived rape and other forms of sexual violence by ISIL fighters receive care, protection and justice, and that children born as a result of such violence do not face […]