Genel Energy has set out details of the payments made to governments for the year ended 31 December 2015, as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority. The DTRs require companies in the UK and operating in the extractive sector to publicly disclose payments made to governments in the […]
By John Lee. Gulf Keystone Petroleum (GKP) has announced that the current Standstill Agreement between the Ad Hoc Committee of holders of the Notes and the Bonds and the Company expired on 1 July 2016 at 5pm BST and has not been extended. The Company is currently discussing the terms of an agreement with certain […]
Kurdistan Region Prime Minister Nechirvan Barzani has received a high-ranking delegation from the Islamic Republic of Iran. The two sides discussed the recent security development in the region, particularly on the border between the Kurdistan Region and the Islamic Republic of Iran. Prime Minister Barzani expressed his deep concern regarding recent events especially the shelling […]
Kurdistan Region Prime Minister Nechirvan Barzani has received the outgoing US Consul General to Erbil, Mr. Matthias Mitman and the newly appointed US Consul General to the Kurdistan Region, Mr. Kenneth Gross and their accompanied delegation. Mr. Mitman, who will soon end his tenure as Consul General in Erbil, expressed his gratitude for the cooperation […]
By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. For the past two decades, energy interconnectivity has been one of the pillars of Iran’s regional relations. From the early days of the so-called oil swap deals between Iran and Central Asia in the […]
By Shelly Kittleson for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Bloody power struggles continue in Iraq’s disputed territories The security situation in Tuz Khormato continues to deteriorate. On June 18, a car bomb exploded just outside the local headquarters of the largest […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iranian forces have shelled villages on the border with Iraq forcing hundreds of people to leave their homes. The Iranian government says they targeted the headquarters of a Kurdish separatist group. Al Jazeera’s […]
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. Kurdish Agree Arabs Can Own Real Estate, Sparking Controversy Last week, the governor of Sulaymaniyah ruled that Arabs could own houses and land in the area. The new rule sparked […]
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. Will New Political Union in Kurdistan Equal Political Peace - Or Civil War? Recently two of Iraqi Kurdistan’s major political parties united. The other major party doesn’t like this – […]
By Denise Natali for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the overthrow of Saddam Hussein in 2003 and breakdown of the Iraqi state, ethno-sectarian partition has become a popular political mantra. The assumption is that a federal state based on three autonomous regions — […]
By John Lee. Iran and the Kurdistan Regional Government (KRG) have reportedly agreed the technical details of a plan to build a pipeline that could transfer as much as 250,000 bpd of Kurdish oil to Iran. Taha Zangana (pictured), the KRG's deputy minister of natural resources, told Al Jazeera: "We [the KRG and Iran] have an […]
By John Lee. Kurdistan24 reports that the Kurdistan Regional Government (KRG) Ministry of Agriculture has decided to impose a tax on some products imported from other parts of Iraq. KRG Minister of Agriculture and Water Resources, Abdulstar Majid, said that the his Department is aware that imposing a tax on goods within a country is […]
