The UK's Foreign and Commonwealth Office has issued the following assessment of democracy and human rights in Iraq, as part of its annual Human rights report: The principal human rights concerns in Iraq in 2018 were the lasting effects of Daesh atrocities, the use of the death penalty, gender disparity in society and politics, violations […]
Iran Has Taken Invaluable Steps to Cement Ties with Iraq: Envoy Iran’s Ambassador to Iraq Iraj Masjedi highlighted the importance of bilateral relations between the two neighboring countries and said Tehran has taken major strides to strengthen ties with Baghdad. “We are trying to boost our relations with Iraq in all areas,” Masjedi said, addressing […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market finally woke up from its multi-month slumber, increasing by +14.7% for the month as measured by the Rabee Securities RSISUSD Index, in the […]
Genel Energy has announced the appointment of Mike Adams (pictured) as Technical Director, and PDMR, with immediate effect. The appointment follows a repositioning of the role of Chief Operating Officer ('COO'), which is now split into 'pre-production' and 'on production' business lines. Reporting to the Chief Executive Officer, Mike is responsible for all pre-production activities […]
By John Lee. Russia's Rosneft will reportedly conduct geological exploration in Iraqi Kurdistan this year. CEO Igor Sechin (pictured) is quoted as telling the annual general meeting: "The company continues to implement the project to develop fields in Iraqi Kurdistan in the Middle East, where a geological exploration program is scheduled for this year to […]
By John Lee. The United Nations has advertised new positions in Iraq: Cluster Co-Coordinator Shelter and Non Foood Items, Agency for Technical Cooperation and Development (ACTED Research Team Leader, UNAMI - United Nations Assistance Mission for Iraq Field Security Assistant, UNAMI - United Nations Assistance Mission for Iraq Qualitative researcher, UNDP - United Nations Development […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Administrative Officer, OCHA - Office for the Coordination of Humanitarian Affairs Analyst Associate, IOM - International Organization for Migration Arabic Translator & Proof-reader, IOM - International Organization for Migration Project Assistant, IOM - International Organization for Migration Research Assistant, IOM - International […]
US-based Capstone Turbine Corporation (Nasdaq: CPST) has announced today that it has secured an order for two C600 Signature Series microturbines to provide 1.2 megawatts (MW) of energy to power a triethylene glycol (TEG) dehydration facility in the Basra region of Southern Iraq. The order also includes Capstone’s new self-cleaning pulse filtration system which will […]
By John Lee. Baghdad’s International Zone (Green Zone) is to be opened to traffic around the clock from tonight (Tuesday). Prime Minister Adel Abdul-Mahdi told a news conference on Monday evening that the move showed that the government is convinced the security situation in Baghdad is improved. The high-security zone is home to the Iraqi […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. After decades, Iran, Iraq ready to Dredge the Shatt al-Arab Hope of restoring a clean water lifeline to Basra province is on the rise again with plans by the Iraqi and […]
By John Lee. ShaMaran Petroleum has announced the completion of its acquisition of an additional 7.5% participating interest in the Atrush Block [from Marathon Oil], previously announced on April 3, 2019, bringing ShaMaran’s total interest in Atrush up to 27.6%. ShaMaran also announces that Atrush has been producing at approximately 32,000 barrels of oil per […]
By John Lee. Oil production in the Al Faihaa area (Block 9) in Basra is reportedly expected to increase in the coming year with increasing investment. Dragon Oil CEO Ali Al Jarwan told Oil & Gas Middle East that the company plans to increase production in Iraq to 100,000 barrels per day (bpd) by 2025. […]
