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  • Investors Iraq News's Avatar
    Today, 10:12 AM
    U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 44 strikes consisting of 50 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Near Raqqa, coalition military forces conducted 30 strikes consisting of 32 engagements against ISIS targets. The strikes engaged six ISIS tactical units and destroyed 28 fighting positions, three vehicles, two ISIS communications infrastructure items and an ISIS headquarters. Strikes in Iraq In Iraq, coalition military forces conducted 14 strikes consisting of 18 engagements against ISIS targets: Near Qaim, two strikes destroyed an ISIS headquarters and a weapons storage area. Near Huwijah, five strikes engaged two ISIS tactical units; destroyed three tunnels, two ISIS headquarters, two command-and-control nodes, a vehicle, a tractor, and a vehicle-borne improvised bomb facility; and damaged two supply routes. Near Rawah, seven strikes engaged two ISIS tactical units and destroyed two mortar systems, two weapons caches, an improvised explosive device, a staging area, and a vehicle. Additional Strikes Additionally, 51 strikes consisting of 53 engagements were conducted in Syria and Iraq on Sept. 17-18 that closed within the last 24 hours for which the information was not available in time for yesterday’s report: On Sept. 17, near Raqqa, Syria, three strikes destroyed seven fighting positions. On Sept. 18, near Dayr Az Zawr, Syria, four strikes engaged an ISIS tactical unit and damaged three supply routes. On Sept. 18, near Raqqa, Syria, 42 strikes engaged 23 ISIS tactical units; destroyed 23 fighting positions, eight vehicles, three VBIEDs, two ISIS unmanned aerial systems, and a command-and-control node; and suppressed four fighting positions. On Sept. 18, near Huwayjah, Iraq, two strikes illuminated tactical areas. Part of Operation Inherent Resolve These strikes were conducted as part of Operation Inherent Resolve, the operation to destroy ISIS in Iraq and Syria. The destruction of ISIS targets in Iraq and Syria also further limits the group’s ability to project terror and conduct external operations throughout the region and the rest of the world, task force officials said. The list above contains all strikes conducted by fighter, attack, bomber, rotary-wing or remotely piloted aircraft; rocket-propelled artillery; and some ground-based tactical artillery when fired on planned targets, officials noted. Ground-based artillery fired in counterfire or in fire support to maneuver roles is not classified as a strike, they added. A strike, as defined by the coalition, refers to one or more kinetic engagements that occur in roughly the same geographic location to produce a single or cumulative effect. For example, task force officials explained, a single aircraft delivering a single weapon against a lone ISIS vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against a group of ISIS-held buildings and weapon systems in a compound, having the cumulative effect of making that facility harder or impossible to use. Strike assessments are based on initial reports and may be refined, officials said. The task force does not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 26 view(s)
  • Investors Iraq News's Avatar
    Today, 10:12 AM
    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. Iraqi Kurdistan is in the spotlight and the international media are reporting on the upcoming independence referendum, far and wide. But a focus on international opposition, means that important context is often missing. While recent front pages around the world have been reserved for earthquakes and hurricanes, the referendum on independence in Iraqi Kurdistan has never been too far behind. Mostly this has been due to widespread international concern about what the referendum will mean, and what kind of problems it could cause, either in the lead up to the event, or afterwards. Perhaps the most interesting thing for Iraqis about international coverage of the independence referendum, scheduled for Sept. 25, is the sympathy with which the whole world appears to view the Kurdish people of Iraq. Most reports freely acknowledge that the Kurdish are the world’s largest ethnic minority without their own state. Almost every writer details the trials and tribulations that Iraq’s Kurds have gone through and, in particular, what they suffered under former Iraqi leader, Saddam Hussein. The heinous chemical weapons attack on the city of Halabja, in which thousands died, is not forgotten. But after expressing understanding, most Western media go on to talk about international disapprobation of the referendum. The list of friends and enemies who oppose this Kurdish example of direct democracy grows longer by the day. European media have found it particularly notable that this time, the US – generally a staunch ally of Iraqi Kurdistan – couldn’t do the back room deals their envoys usually do, to postpone the referendum. Many analysts noted that the statement the US eventually issued on the topic was unusually harsh. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 23 view(s)
  • Investors Iraq News's Avatar
    Today, 10:12 AM
    By John Lee. The Central Bank of Iraq (CBI) has organized a course on combating money laundering, terrorism financing, compliance and risk management. The course was held from 17th to 20th September at the Central Bank building, under the supervision of the banking studies center. Sixty-one employees from government, private banks and money transfer companies attended the event. (Source: Central Bank of Iraq) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 27 view(s)
  • Investors Iraq News's Avatar
    Today, 10:12 AM
    Range Energy Resources has announced that Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. Shewashan #4: The 4th well drilled on the Shewashan field, Shewashan #4, has been completed as a deviated producer in the Qamchuqa reservoir formation only to first extract remaining recoverable oil from this reservoir. There are future plans to recomplete on the Kometan and Shiranish reservoirs. The well was put on production at a rate of 500 bbl/d and is connected to the early production facilities. The well completion utilized a hydrajet targeted acid stimulation through coiled tubing to enhance production from the fracture network. This is a technique that may now be applied to the other existing wells on the Shewashan field to further enhance productivity in the Qamchuqa and Kometan reservoirs. Water production is approximately 2500 bbl/d, an amount which is well within the design parameters of the new early production facilities. Shewashan #1: The Shewashan #1 well has been sidetracked and a new 4.5 inch liner installed. The well has now being recompleted on the Qamchuqa reservoir formation and is producing 750 bbls/day on a 24/64” choke and is currently water free. This well did not require a hydrajet targeted acid stimulation. Shewashan #2: The Shewashan #2 well which was previously producing 250 bbl/d from the Shiranish reservoir, is currently being sidetracked as the water isolation program conducted in Q2 2017 has resulted in reservoir damage that cannot be repaired. Production from the well is expected to be further enhanced with the stimulation techniques once a 4.5 inch liner has been installed. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 21 view(s)
  • Investors Iraq News's Avatar
    Today, 10:12 AM
    Gazprom Neft Badra, operator of the Badra field, has undertaken the largest ever maritime shipment of oil for export in the company’s history, with 1.78 million barrels of hydrocarbons being despatched for the United States in the New Solution crude oil tanker. This is, to date, the second oil consignment to the American market by Gazprom Neft Badra — recipients of the preceding 12 shipments having been European companies and refining facilities in the Asia—Pacific region. Hydrocarbon exports from Iraq by Gazprom Neft are delivered by the State Oil Marketing Company (SOMO) and comprise the cost-recovery component of Gazprom Neft’s development of Badra field. (Source: Gazprom Neft) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 20 view(s)
  • Investors Iraq News's Avatar
    Today, 10:12 AM
    An official in the Arabian Gulf has stated that construction companies and others in the Gulf Cooperation Council (GCC) look forward to participating in reconstruction projects in Iraq, stressing that it has the potential to qualify for this role. Abdul Rahim Naqi, secretary-general of the Council of Chambers of the Gulf Cooperation Council (GCC) stated that the Gulf States have made significant progress in many fields, including communications, construction and tourism. Naqi said that if the Iraqi government supported the use of the private sector in the reconstruction of Iraq then Gulf companies would be looking for investment opportunities in the field of construction and reconstruction in Iraq (Source: GardaWorld) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 22 view(s)
  • odus1000's Avatar
    Today, 01:57 AM
    Drain the swamp
    6633 replies | 327984 view(s)
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    Yesterday, 08:00 PM
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    Yesterday, 07:45 PM
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    Yesterday, 07:44 PM
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