The latest Kirkuk, Iraq Business News – security, land, farming, infrastructure and more – brought to you by Iraq Business News
There was a slight rise in the number of attacks recorded in Iraq last week but the overall number of casualties fell from the previous week. At least 26 people were killed and 62 injured in nationwide incidents. A total of 31 bomb attacks left 11 people dead and 57 injured while small arms fire […]
Plans have been announced to build a modern abattoir outside Kirkuk City at a cost of $5 million (6 billion Iraqi dinars), according to AKnews. Falah al-Bazzaz, Chairman of Kirkuk Investment Commission, said the project is the first of its kind and will be built on a site of 40 acres. The development will also […]
JBC Energy, the Austria-based research firm, has said that disruptions at a pipeline network carrying Iraqi crude oil to the Turkish Mediterranean port of Ceyhan (pictured) have threatened the reliability of Kirkuk oil exports, Bloomberg has reported. "The closures and reduced flows seen over the last six months raise questions on the viability of Kirkuk […]
Greece's top refiner, Hellenic Petroleum, is said to be considering taking supplies of Iraq's Kirkuk crude oil, following its suspension of purchases of Iranian crude as a result of sanctions on Tehran. According to the report from Reuters, Greece's financial difficulties had made Athens reluctant to reduce its purchases of cheap Iranian crude ahead of […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Levels of violence rose in Iraq last week despite heightened security measures put in place ahead of the Arab League Summit. It was the worst week since a series of terrorist attacks targeted Shi’ah pilgrims during Arba’een at the beginning of January and the fourth-worst week recorded over the past six months. At least 73 […]
According to a report from Bloomberg, Iraq plans to increase its exports of Kirkuk crude from the Turkish port of Ceyhan (pictured) by 20 percent in April: 24 cargoes to be shipped, up from 21 in March; shipping rate of 510,000 barrels a day, up from 425,484 bpd in March. Shipments of Iraqi Kirkuk crude from […]
The Kurdistan Regional Government (KRG) has issued the follow statement on the reported granting of a contract to BP for the development of oilfields in Kirkuk: Neither Iraq’s federal oil ministry nor state-owned oil companies have the right to unilaterally award contracts to develop currently producing fields in Kirkuk province or in other adjacent areas, […]
AKnews reports on Saturday that Iraq's state-owned North Oil Company has signed a preliminary agreement with BP to increase production at the Kirkuk oilfield from about 280,000 barrels per day (bpd) to 580,000 bpd. Hussein Allam, the undersecretary of North Oil Company said: "The initial agreement is part of a high-level plan carried out by […]
Baker Hughes has joined BP and Schlumberger on separate talks with Iraq to more than double the output from the giant Kirkuk oil field in northern Iraq, according to Dow Jones. "Iraq is conducting preliminary talks with these three companies to examine plans to develop the field," an Iraqi oil industry figure said on Monday. […]
Oil giant BP is reported to be in talks with Iraq to boost output from the Kirkuk oilfield in the north of the country. Bloomberg, citing sources at the Middle East Economic Survey (MEES), says BP officials will meet with Iraq’s North Oil Company (NOC) within weeks to discuss increasing capacity at Kirkuk from about 260,000 […]
The first international trade fair has been opened in the city of Kirkuk, north east of Baghdad, with dozens of foreign companies participating, according to AKnews. The three-day fair that was opened by Kirkuk governor Najmaddin Karim on Tuesday brought together about 100 foreign and local companies. Kamil Salayi, mayor of Kirkuk, told AKnews that […]
