The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
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 […]
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. Iranian Dam Threatens Iraqi Kurdistan’s Legendary Sirwan River When neighbouring Iran tested their new dam recently, levels on an important Iraqi Kurdish river dropped four meters. Locals fear when the […]
British water engineering company Biwater has been awarded a $1.2 billion contract by the Kurdistan Regional Government to meet vital water supply and sanitation needs. Biwater have been contracted to deliver water and wastewater treatment solutions for the cities of Erbil and Sulaimani in the Kurdistan Region of Iraq. Works will alleviate the current strain […]
KRG Foreign Minister Falah Mustafa shed light on KRG’s international outreach, ties with Baghdad and the neighboring countries and Kurdistan’s contribution to regional stability, at this week's Kurdistan-Iraq Oil & Gas Conference, arranged by CWC Group in London. Below is the full text of Minister Mustafa’s speech: Excellencies, distinguished guests, ladies and gentleman, I am […]
By Padraig O'Hannelly. The Kurdistan Regional Government’s Minister of Natural Resources, Dr Ashti Hawrami (pictured), has defended the KRG's treatment of oil companies in the Region. This follows criticism by the head of Norwegian oil and gas operator DNO, which operates the Tawke block, at CWC Group’s Kurdistan-Iraq Oil & Gas Conference in London. Executive […]
