The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Rudaw reports that Russia's Gazprom Neft has been forced to halt operations at its Halabja block following demonstrations by hundreds of protestors from 34 villages around the town of Darbandikhan. According to the report, the protesters have given the oil company until 20th October to stop all exploration activity, claiming that “scientific […]
By John Lee. Denmark's Maersk Oil is re-starting its operations in Iraqi Kurdistan, having pulled out in August due to the threat posed by the Islamic State (IS). Company boss Jakob Thomasen (pictured) told Børsen: “It’s obvious that the things that have happened over the summer haven’t been pleasant to witness for Maersk Oil, a […]
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. Spokesman For Iraqi Kurdish Govt: ‘New US Airbase in Erbil No Threat To Iran’ NIQASH interviewed Safeen Dizayee, the spokesperson for the government of semi-autonomous Iraqi Kurdistan. During a candid […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's Kurdish Peshmerga fighters are trying to reverse gains by the Islamic State of Iraq and the Levant (ISIL) who have overrun much of the country's north. The group is in control of […]
By John Lee. Afren has announced that, following an improvement in the security situation in the border region of the Kurdistan Region of Iraq, it has begun the process of returning staffing levels to normal at the Barda Rash field with a view to resuming drilling and production activities as soon as possible with the […]
By John Lee. A report by Chris Dalby of Oilprice.com finds that the 11 oil fields that IS controls in Iraq and Syria have made it a largely independent financial machine. Its fields in Iraq alone are thought to produce between 25,000 and 40,000 barrels of oil per day, earning it an estimated $1.2 million [1.4 […]
Prime Minister Nechirvan Barzani yesterday met Turkey’s Prime Minister Ahmet Davutoglu in Istanbul on the sidelines of a World Economic Forum event. In the meeting both sides discussed the latest political and military developments in Iraq and the Kurdistan Region, the process of forming a new government in Iraq, the participation of the Kurdistan Region […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. French expats in Erbil, Iraq, say they try to lead a normal life, despite threats against French citizens by the Islamic State. At the French school here, the walls have been enhanced and armed […]
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. Dire Straits: Baghdad’s Financial Blockade Of Iraqi Kurdistan Has Desired Effect Since the beginning of the year the authorities in Baghdad and Iraqi Kurdistan have had a financial stand off. […]
By John Lee. The United States is reported to be planning to build three new military bases in Iraqi Kurdistan. According to BASnews, one of the bases would be in Erbil, another at Hareer military base north of Erbil, and a third Atrush, close to Dohuk. The Atrush base would be used for Apache helicopters. […]
Kurdistan Region President Masoud Barzani welcomed German defense minister Ursula von der Leyen in Erbil on Thursday. In a meeting with President Barzani and the military leadership of the KRG, the German defense minister stated that her country stands by the people of Kurdistan in the fight against ISIS terrorists and commended the role of […]
By John Lee. Reuters reports that Iraqi Kurdistan has shipped a total of nineteen tankers carrying 13.7 million barrels of crude oil since May, using its new pipeline to the Turkish port of Ceyhan. An official told the news agency that the flow of oil continues without any issues, and a 20th tanker will be […]
