Bombing disrupts peace of Arbil, Iraq's rising oil hub
Ahmet Dursun, international sales representative of Expotim, a Turkish exposition company that ran Arbil’s third annual Oil and Gas Fair in early September, predicts that the city will soon compete with Basra, Iraq’s main oil exploration city.
Calik to Supply 1/8 of Iraq’s Power
According to a report from World Bulletin, a new 750-megawatt (MW) power plant in Mosul city is planned to be completed and operating by September 2013.
Sony has Big Plans for Iraq
Sony has recently unveiled its extensive plan for expansion in Iraq. Along with its official business partner, Modern Electronics Iraq (MEI) Sony will look to transform the Iraqi consumers’ experience through launching its entire line-up of latest technology products, introducing experiential Sony-branded stores and setting up authorised service centres in Iraq.
India Interested in Iraqi Refineries
India is interested in building refineries and petrochemical plants in Iraq, according to a report from the Economic Times.
Gazprom Considers More Work in Iraq
Gazprom has said that it is interested in working further in the oil and gas sector in Iraqi Kurdistan.
New US Visa Office for Erbil
The U.S. Consulate General Erbil has announced the provision of additional consular services beginning June 25, 2013.
List of Oil Companies in Kurdistan
Erbil Governorate has compiled and published a list of the top oil companies in Kurdistan.
130,000 Tourists Enter Iraq in May
The Iraqi Ministry of Tourism and Antiquities has announced that more than 130,000 tourists entered Iraq in May.
Who’s Winning the Battle for Iraq’s Oil?
Who is the biggest winner from the recovery in Iraqi oil production? Denise Natali, a Middle East expert at the National Defense University in Washington, told the New York Times:
Hotel Opportunities in Erbil
According to property consultancy Colliers, there is a “clear market opportunity” to develop branded hotel projects in Erbil.
Foreign Minister Receives Japanese Ambassador
Foreign Minister, Mr. Hoshyar Zebari, received on 15th of May 2013, the Japanese Ambassador to Iraq Mr. Masato Takaoka.
Turkey Joins Exxon in Kurdistan Oil Deal
Turkish prime minister has said that state-owned Turkiye Petrolleri AO (TPAO) is has reached an agreement with the Kurdistan Regional Government (KRG) and ExxonMobil to carry out oil exploration in northern Iraq.
Iraqi Kurdistan Open To Arab Investment
Arab states no longer look at the Kurdistan Region of Iraq with suspicion and apprehension, especially after the regional capital, Erbil, was selected as the Arab Capital of Tourism for 2014. Furthermore, economic and trade relations between these states and the Kurdistan region have evolved.
Egyptian Free Zone for Kurdistan
Officials in Egypt have announced a new 2-million m2 free zone for Egyptian industrial projects in Iraqi Kurdistan.
Following a meeting with the KRG’s Minister of Trade and Industry, Sinan Chalabi [Senan Jalabi], the Chief of the Egyptian Commercial Body, Anwar al-Sahrjty, said:
Iraq Reviews Oil Targets
Thamir Ghadhban (pictured), the chairman of the prime minister’s advisory commission on energy, has said that Iraq is revising its oil production targets.
Turkish Firm Opens New Power Plant
The new al-Hayrat [Khayrat] power plant in Karbala was officially opened on Friday.
Design of Iraq-Aqaba Pipeline in Final Stages
Iraq is close to completing design of a pipeline to carry Iraqi oil to Jordan and Egypt through the Gulf of Aqaba. Once completed, the project is to be handed over to a specialized company, pursuant to investment regulations.
First Flight to Kuwait since 1990
Iraq’s state-owned airline has launched its first flight to Kuwait since the invasion of the country in 1990.
KRG Signs New Agreements with Gazprom
The Kurdistan Regional Government is reported to have signed new agreements with Gazprom Neft, the oil-producing subsidiary of Russian gas monopoly Gazprom.
Iraq/UK Energy Cooperation Growing Stronger
By Mark Simmonds, United Kingdom’s FCO Minister for International Energy.
Iraq is retaking its position at the energy top table. After decades of economic mismanagement and political repression, the country is emerging as one of the most important and dynamic global energy producers.
Iraq to Supply Egypt with Oil
Egypt and Iraq have reportedly signed an agreement under which Iraq will supply Egypt with oil
Ericsson Wins Iraq Network Expansion Deal
Swedish telecom company Ericsson has been selected to expand the Iraqi Telecom and Post Company’s (ITPC) wireline network with a transition to next generation network.
Iraq to Spend $130bn on Energy Infrastructure
Iraq plans to spend $130 billion on the country’s upstream sector over the next five years, according to a report from Bloomberg.
DoubleTree by Hilton Announces Growth In Kurdistan
Hilton Worldwide today announced its expansion in Iraq’s semi-autonomous region of Kurdistan into the city of Sulaymaniyah following the signing of a management agreement with Kurdonia Company for Tourism & Hospitality Ltd, owned fully by Hiwa Rauf Company. The new build, 223-room DoubleTree by Hilton Sulaymaniyah is expected to open early 2015.
Oil Output Up in February
Platts reports that Iraqi oil production rose slightly in February to 2.963 million barrels per day (bpd), up by 43,000 bpd over January.
Iraq Confirms Oil Sales to Egypt
Iraq’s Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani (pictured), has confirmed that 4 million barrels of crude oil per month is to be will be shipped to Egypt from next April.
French Firm to Open new Dry Port in Baghdad
After over thirty three years of continuous presence in Iraq, the CMA CGM Group is pleased to announce the opening of its new bonded Dry Port* near Baghdad, in the Abu Ghreib [Abu Ghraib] area, in Iraq, in June 2013.
Delegation from Erbil visits Romania
A delegation from Erbil has visited the city of Brasov in Romania.
Led by Deputy Governor Tahir Abdullah, the business group discussed the establishment of direct transport links from Erbil to Bucharest, and the provision of visas at the Romanian consulate in Erbil.