The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Kurdistan Regional Government Prime Minister Nechirvan Barzani met with Japanese State Minister for Foreign Affairs Kentaro Sonoura and his accompanying delegation. In the meeting, attended by Deputy Prime Minister Qubad Talabani, the Japanese Minister reaffirmed his country’s position to further strengthen its relations with the Kurdistan Region, by opening its consulate in Erbil on Wednesday. […]
DNO ASA, the Norwegian oil and gas operator, has announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field. The well flowed at a stable rate of 3,800 barrels of 28° API oil per day on a […]
By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran and Turkey are trying to extend their economic influence over Iraqi Kurdistan oil, even as controversy flares over surreptitious deals between Kurdistan and Turkey. Iraqi Kurdistan has been shipping […]
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. In an estimated three months’ time the Iraqi Kurdish city of Sulaymaniyah will have its own version of Rome’s Colosseum. An arena for theatre and other kinds of entertainment that […]
By Dilshad Abdullah for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. International oil companies pull out of Kurdistan Exxon Mobil has pulled out of three of the six exploration blocks it operated in the Kurdistan Region. The American oil giant withdrew […]
Iran has denied that it has reached an agreement with the Kurdistan Region of Iraq for laying joint oil pipelines. The public relations department of the Iranian Ministry of Petroleum announced on Tuesday that the country has made no agreements with the Iraqi Kurdistan for construction of two pipelines to deliver its crude oil to […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Consultant Information Management Officer, Food Security Cluster, United Nations World Food Programme (WFP) National Logistics Officer, United Nations World Food Programme (WFP) Programme Specialist, Protection from Sexual Exploitation and Abuse (PSEA), United Nations Population Fund (UNFPA) Cash Operations Coordinator, Oxfam Humanitarian Affairs […]
New US$1.485 Billion Package to Support Iraq’s Drive to Counter Cost of War, Low Oil Prices The World Bank Group has endorsed a new US$1.485 billion package to support reforms to improve public service delivery and transparency, stimulate private sector growth and support job creation. Iraq continues to face a large humanitarian crisis with 10 […]
WesternZagros Resources has announced that Jonathan Oestreich has been appointed to Western Zagros's Board of Directors as an independent director effective immediately. Mr. Oestreich has also been appointed to the Board's Audit Committee and the Health, Safety, Environment, and Security Committee. In conjunction with this appointment, 500,000 options have been granted to Mr. Oestreich on […]
The Kurdistan Regional Government (KRG) has published its monthly production and export revenue overview for November 2016. During the month it exported 588k bpd from the Turkish port of Ceyhan, up from the previous month’s figure, at a decreased average price of $35.05 per barrel, bringing in revenue of $568 million. Please click here to view […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Budget Law 2017 and OPEC Production Cut Impact - Preliminary Remarks On 7 December, the Iraqi Parliament passed Budget Law 2017 by a majority voting with 186 attendances, before the House went […]
KRG Foreign Minister Falah Mustafa today received representatives of 30 U.S companies, led by the U.S-Kurdistan Business Council (USKBC), to discuss investment opportunities and latest developments. In a meeting attended by Bayan Rahman, KRG Representative to the U.S, Minister Mustafa thanked the USKBC for organizing the visit and underlined the importance of further engagement of […]
