The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. The United Nations has condemned the execution by the Iraqi Kurdistan Regional Government of three people convicted of murder and kidnapping - the first use of the death penalty in the region in seven years. Rupert Colville (pictured), Spokesperson for the UN High Commissioner for Human Rights, said in a statement: "We […]
By Brenda Stoter for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. When Hemin Zangana was sent to the front line in August 2014, he and his fellow peshmerga fighters were determined to recapture the Mosul Dam from the Islamic State. They told each other they would […]
A new report suggests that Israel has bought more than three-quarters of its oil from the government of Iraq’s semi-autonomous Kurdistan Region. According to the Financial Times, Israeli firms and refineries imported over 19 million barrels of oil worth one billion dollars between May and August 20-15. That’s almost 77 percent of the crude exported […]
Gulf Keystone Petroleum (GKP) has announced that Nadhim Zahawi (pictured) has been appointed as Chief Strategy Officer. Mr Zahawi is joining Gulf Keystone's management team and will be responsible for the evaluation of strategic options for the Company, reporting to CEO Jón Ferrier. Mr Zahawi, 48, is of Kurdish origin, and moved from Iraq to […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's gateway to Europe, the northern city of Erbil is the first bottleneck on a long and uncertain journey for a growing number of Iraqis choosing exile:
By John Lee. The KRG’s Ministry of Natural Resources (MNR) has issued a statement which it claims will "set the record straight on oil export and revenue:" The full text of the statement is shown below: In 2014, Dr. Maliki’s government cut the entire Kurdistan budget creating a financial crisis for the people of the […]
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. Making It Up As They Go Along: The Long, Troubled History of Iraqi Kurdistan's Presidency The Iraqi Kurdish President's term expired yesterday. And the political actors in the semi-autonomous, northern […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, set record production levels from the Tawke field in the Kurdistan region of Iraq during the second quarter of 2015 with output averaging 153,346 barrels of oil per day (bopd). A total of 118,037 bopd, representing 77 percent of field production, was delivered to […]
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. With A Little Help From Your Friends: US, Iran and Turkey All Getting Involved in Kurdish Presidency Problem The current Iraqi Kurdish presidency officially ended yesterday. Massoud Barzani, who heads […]
By John Lee. Sabotage and theft from pipelines has cost the Kurdistan Regional Government (KRG) an estimated $501 million (584 billion Iraqi dinars) since the start of July, the KRG's Ministry of Natural Resources said in a statement: "Persistent theft and attempted theft from the Iraq-Turkey crude oil pipeline in the southeast of Turkey continues […]
The KRG Department of Foreign Relations (DFR), in coordination with the KRG Department of non-Governmental Organization (DNGO) and the KRG Joint Crisis Coordination Center (JCC) has hosted a special session to discuss cooperation between relevant KRG authorities and the active International non-Governmental Organizations (INGO) in the Kurdistan Region. Minister Falah Mustafa, Head of the KRG […]
By John Lee. The highest judicial authority in Iraqi Kurdistan has reportedly extended the term of KRG President Massoud Barzani (pictured) for two more years. The Judicial Council of the Kurdistan Region said that Barzani will remain in his post until the 2017 KRG general election. According to the report from BasNews, Kurdish political parties […]
