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  • Will-it-happen?'s Avatar
    Yesterday, 09:43 PM
    Fantastic Where's the cash ?
    13 replies | 1098 view(s)
  • Wolverine's Avatar
    Yesterday, 12:56 PM
    Petrochina expresses interest in Iraq's Nassiriya refinery 10/13/2017 BAGHDAD (Reuters) — Petrochina has expressed interest in developing the Nassiriya oil refinery in southern Iraq, the oil ministry said in a statement on Friday. A Petrochina executive expressed the company’s interest at a meeting with Oil Minister Jabar al-Luaibi in Baghdad. The refinery is part of a larger project to develop the Nassiriya region’s oil and gas reserves. The plan provides for increasing the fields’ output and the processing of their production at the new Nassiriya refinery, and to recover the associated gas to supply power stations or process it for exports. Reporting by Maher Chmaytelli; editing by Jason Neely
    0 replies | 34 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 11:58 AM
    Iran reported to have shut crossing with Kurdish region; subsequently denied by Iran Reports on October 15 claimed that the Iranian authorities shut a main border crossing with the Kurdish region amid increased tensions. Ali Tawfiq, director of the terminal in Sulaimaniyah province reported that the main border crossing at Bashmaq had been closed by the Iranian authorities; he added that no reason has been cited for the Iranian move. Iran has three main official crossings with the Kurdish region; Haji Omaran in Erbil Province and Parwezkhan, and Bashmaq in Sulaymaniyah province. Reports later on October 15 claimed that Iran’s Foreign Ministry subsequently denied reports that Tehran had closed its border crossings with the Kurdish region. (Source: GardaWorld) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 32 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 11:58 AM
    On Thursday 12th October a delegation of IBBC Members, led by Baroness Nicholson, Honorary President, met with H. E. Mr Asaad A., the recently appointed Governor of Basrah. The meeting took place in the Governor’s office, included a Lunch and lasted until the early evening. The Governor presented his plans for Basrah and asked the company representatives how they could contribute to help achieve his ambitious objectives. IBBC members used the opportunity to introduce their companies and their services to the Governor and to participate in a wide ranging discussion with him. Mr Rasmi Al Jabri, Deputy Chairman of IBBC, who facilitated the meeting was delighted with its many outcomes. He said that with Mr Edani at the helm of the Governorate the Province had a real chance to develop and modernise. He further commented that IBBC and all of its members stood ready to support Governor in his crucial work. The IBBC delegation included representatives of the following companies: Basrah Engineering Group, Basrah Chamber of Commerce, Dar Al-Handasah, Ernst & Young, Garda World, Gulftainer, International Islamic Bank, Khudairi Group, Pell Frischmann, Penspen, Petrofac, Raatba Contracting Company, Restrata, Rumaila Operating Organisation (ROO) and Solar Turbines. The meeting was also attended by Dr Ali Nasir and Phil Sherwood of the AMAR foundation. (Source: IBBC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 31 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 11:58 AM
    Iraqi Security Forces (ISF), Counterterrorism Services (CTS), Federal Police (FP), and Popular Mobilization Units (PMU) launched a combined offensive with intent to seize the K1 military base, Kirkuk airport, and Kirkuk’s oilfields at around 0200hrs (local) on October 16. The offensive followed two days of failed negotiations after the government of Iraq demanded Kurdish forces withdraw from the disputed areas around Kirkuk and cede control to Iraqi federal forces. Crisis talks on October 15 failed to resolve the standoff as Kurdish leaders refused Iraqi government demands to reject the referendum result. Clashes were subsequently reported to have broken out between Iraqi and Kurdish forces south of the city of Kirkuk. Iraqi state media said that federal troops had entered disputed territories occupied by the Kurds, saying they had taken control of ‘vast areas’ without opposition from the Kurdish Peshmerga. Kurdish officials, however, denied that the Iraqi forces had been able to get close to Kirkuk city and said that the oil fields west of the city were still under Kurdish control. The Kurdistan Region Security Council (KRSC) said in a statement that federal forces were advancing along two routes along the Taza-Kirkuk intersection and Maryam Bag Bridge, both South of Kirkuk. Separate reports claimed artillery fire could be heard to the south of Kirkuk city in the early hours.* An initial statement by the US state department said it was ‘very concerned’ about reports of a confrontation and was ‘monitoring the situation in Kirkuk closely’. Oil prices reported to have jumped early on October 16 amid reports of the clashes in Kirkuk. (Source: GardaWorld) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 32 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 11:58 AM
    DNO ASA, the Norwegian oil and gas operator, today reported the first payment from the Kurdistan Regional Government under the recently concluded agreement covering outstanding receivables for past crude oil deliveries. Under the agreement effective 1 August 2017, the Company was assigned the Government’s 20 percent interest in the Tawke license as well as three percent of gross Tawke license revenues payable monthly over a five-year period. The payment of USD 4.02 million to DNO represents three percent of gross Tawke license revenues during August. An entitlement invoice for that month’s export deliveries has been issued separately and will be shared pro-rata with Genel Energy plc upon receipt. Following the receivables settlement, DNO’s stake in the Tawke license stands at 75 percent with Genel holding the balance. (Source: DNO) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 33 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 11:58 AM
    By John Lee. Iraqi armed forces have reportedly captured the headquarters for the North Oil Company (NOC), northwest of Kirkuk, from Kurdish forces, without fighting. A Kirkuk-based official told Reuters that the Baghdad’s forces had also taken control of the K1 airbase and were deploying in the Baba Gurgur field and the North Oil refinery. Read more here. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 34 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 09:43 AM
    GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments across the country. Please click here to download the latest report free of charge. For more information on how GardaWorld’s services can support your business in Iraq, please contact Daniel Matthews, Senior Director Iraq, at daniel.matthews@garda.com Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 37 view(s)
  • haggisbasher's Avatar
    Yesterday, 08:04 AM
    Been asking for CD and sent it to all warka e-mail addresses I have and just got a response form 3044 giving me totals of shares in good name and also shares with warka proxy account, and asked them to be transferred to good name.GOOD NEWS FOR WARKA RESPONSE.
    13 replies | 1098 view(s)
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