By John Lee Iraqi Prime Minister Mustafa al-Kadhimi has ordered that a working team from the Ministry of Electricity travel to Iran to solve problems related to the supplying of gas. At a meeting with the Electricity Ministry and senior officials on Sunday, there was discussion about the high electricity demand in summer, and how […]
By John Lee. Iraq's oil ministry has said that future of the long-delayed oil export pipeline from Iraq to the Jordanian port of Aqaba will be decided by the next government. The country has still not formed a new government following parliamentary elections in October. At a press conference at the weekend, the Ministry of […]
By John Lee. DNO has issued an update on production and sales volumes for the quarter as well as other key financial information. Volumes (boepd): Gross operated production Q1 2022 Q4 2021 Q1 2021 Kurdistan 106,465 107,472 111,985 North Sea - - - Net entitlement production Q1 2022 Q4 2021 Q1 2021 […]
By John Lee. UK-based business travel management company FCM has signed a partnership agreement with Sulaymaniya-based Moonline Travel & Trade Ltd. According to FCM's Managing Director of Middle East and Africa, Ciarán Kelly, this partnership is critical to FCM's local service delivery and market share growth strategies for the wider region: "Choosing to expand FCM's […]
UNITAD, Iraq and Germany Renew Commitment to Investigating the Financial Dimensions of ISIL International Crimes in Iraq The United Nations Investigative Team to promote accountability for crimes committed by Daesh/ISIL (UNITAD) joined by the Embassy of Iraq to Germany and the German Federal Foreign Office co-hosted a special event on Investigating Financial Dimensions of War […]
By John Lee. The KRG's Council of Ministers held its weekly meeting on Wednesday, led by Prime Minister Masrour Barzani. Referring to the recent round of discussions to resolve the dispute over oil sales between Erbil and Baghdad, the Council stressed the importance of continuing to defend the Kurdistan Region's constitutional rights within Iraq. It […]
By John Lee. The Council of Ministers of the Kurdistan Regional Government (KRG) has approved a draft bill concerning company registration. According to a statement from the KRG, the bill aims to streamline and simplify the process of registering new companies, with the aim of reducing bureaucracy and encouraging investment. (Source: KRG)
By John Lee. The Iraqi Cabinet has suspended of the requirement for import licenses for foodstuffs, consumables, and medicines until June 8, 2022. The move is intended to ease supply and reduce the upward pressure on prices. In a statement, the cabinet assured that it would maintain inspection and quality control procedures, health checks, and […]
By John Lee. Genel Energy has announced that Nazli K. Williams has tendered her resignation as a Non-Executive Director of the company with effect from 13 April 2022. David McManus, Chairman of Genel, said: "Nazli has been a Director of Genel since the merger with Vallares in 2011. She has provided both valuable contributions and […]
By John Lee. Demonstrators have reportedly caused disruption at oil facilities in Dhi Qar on Wednesday. According to Anadolu Agency, dozens of university graduates gathered at the Al-Gharraf oilfield to demand employment. A local resident is quoted as saying that applications for jobs at the field had received no reply. (Source: Anadolu Agency)
By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet authorised the Ministry of Finance to negotiate and initialize a draft agreement for the avoidance of double taxation and the prevention of tax evasion on income and capital, between Iraq and Jordan, […]
By John Lee. The Iraqi federal government in Baghdad and the Kurdistan Regional Government (KRG) have concluded a first round of talks to discuss the management of the Kurdistan region's oil and gas resources. The meeting follows the ruling by a federal court in February that exports of oil and gas from the Kurdistan region […]
