By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. “Tal Afar will be the cemetery of Turkish soldiers should Turkey attempt to take part in the battle,” Hadi al-Amiri, the head of the Badr Organization and a leader in […]
ShaMaran Petroleum has announced its financial and operating results for the nine months ended September 30, 2016. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States dollars. On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC […]
The Kurdistan Regional Government (KRG) has published its monthly production and export revenue overview for October 2016. During the month it exported 540.9k bpd from the Turkish port of Ceyhan, down from the previous month’s figure, at an increased average price of $39.32 per barrel, bringing in revenue of $632 million. Please click here to view […]
The new Croatian Ambassador to Iraq Mr Ivan Jurić has met with the KRG Foreign Minister Falah Mustafa, as part of his introductory visit to the Kurdistan Region. Minister Mustafa congratulated the Croatian Ambassador on his appointment, expressing the readiness of the Kurdistan Regional Government to provide necessary support for the success of his mission. […]
UNDP helps to ensure access to safe water and reliable electricity for over 100,000 people in the Governorate of Erbil The United Nations Development Programme (UNDP) and the Governorate of Erbil have signed two agreements to rehabilitate key infrastructure in areas hosting thousands of displaced people, including large numbers who have fled from Mosul. With […]
DNO ASA, the Norwegian oil and gas operator, today announced a third consecutive quarter of operating profits and the completion of the first phase of the 2016-2017 drilling campaign at the Company's flagship Tawke field in the Kurdistan region of Iraq. Four new production wells at Tawke, three of which targeted the shallow Jeribe reservoir […]
The KRG Ministry of Natural Resources announces the publication of the Kurdistan Oil Production Report. The report is compiled from data provided by the oil producing companies operating in the Kurdistan Region, and details overall oil production, export, refining, and local trading in KRG-operated fields from January 2015 to September 2016. It also breaks down […]
Kurdistan’s Oil & Gas Leaders to Hold Official Annual Meeting in London The Ministry of Natural Resources of the Kurdistan Regional Government, Iraq is to hold the sixth official Kurdistan-Iraq Oil & Gas Conference in London, on 5-7 December 2016 to drive forward the oil and gas development in the Region of Kurdistan. Energy events […]
Kurdish authorities bulldoze homes and banish hundreds of Arabs from Kirkuk Kurdish authorities have carried out a wave of attacks, demolishing the homes and driving out hundreds of Arabs from Kirkuk, as apparent revenge for an attack carried out by the armed group calling itself the Islamic State (IS) on 21 October, said Amnesty International […]
By John Lee. Shell and oil trading house Vitol are reported to be stepping up their operations in the port of Fujairah to store Iraqi crude. Shell, an equity partner in Iraq's Majnoon oilfield, leased five large crude storage tanks at Fujairah port last year. Vitol has also started to store crude from Iraqi Kurdistan in […]
By John Lee. The Kurdistan Regional Government's Ministry of Higher Education and Scientific Research has requested proposals from investors interested in setting up two new private universities. One university will be in Erbil, and one in Sulaymaniya. Proposal should be sent to the Ministry HQ by 11th November, 2016. More information here. (Source: KRG)
By Salam Zidane for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The head of the Security and Defense Committee in the Iraqi parliament, Hakem al-Zamili, has spoken out about the corruption prevailing over Iraq's border crossings. In a press conference held Oct. 3, he stated that the state was not benefiting from […]
