latest Iraq news by Iraqi News

Iraq’s oil output is expected to reach five million barrels per day by end-2017 (Reuters) Baghdad (IraqiNews.com) Iraq has announced signing an agreement with the U.S. firm Orion to invest in natural gas extracted from an oilfield, located south of Iraq, and tu into usable fuel.The memorandum of understanding signed between the Iraqi Ministry of Oil and the U.S. firm representatives allows building facilities to capture the gas from Nahr bin Omar oilfield in Basra province, Reuters reported. The ministry has not revealed yet the volume of investments in the oilfield or the expected revenues. Earlier this month, the ministry announced reaching an agreement Orion to invest in the associated natural gas from the southe oilfield, operated by the state-run Basra Oil Company, which produces more than 40,000 barrels of crude oil and 25 million cubic feet of gas daily. This came after the minister Jabbar al-Luaibi urged the US oil companies to compete for the investment projects offered by the ministry. In November, the ministry called on inteational companies to bid for investments to look for, develop and produce oil and gas in nine regions in Iraq. Iraq has oil reserves of aro, ...ادامه مطلب

Representational photo. Kirkuk (IraqiNews.com) A drone has been downed above govemental building in central Kirkuk, a security source said on Friday. Speaking to AlSumaria News, the source said, “a drone that was flying above govemental buil, ...ادامه مطلب

Members of the pro-opposition Rahman Legion. Rif Dimashq (Syria News) The opposition’s Rahman Legion managed, on Sunday, to foil a Syrian army offensive on the town of Ayn Tarma, in Rif Dimashq, Qasioun News reported. Rahman Legion (Faylaq al-Rahman) has announced in an official statement that its troops managed to kill several soldiers belonging to the army’s 4th brigade, in the outskirts of , ...ادامه مطلب

Fire rises from oil wells, set ablaze by Islamic State militants before fleeing the oil-producing region of Qayyara, Iraq, which has been recaptured by Iraqi forces, August 29, 2016. REUTERS/Azad Lashkari Kirkuk (IraqiNews.com) Islamic State has set oil wells in southwest of Kirkuk on fire to hinder advance of security troops, hours after the launch of offensives to liberate the group’s hold, ...ادامه مطلب

Representational photo. Deir Ezzor (Syria News) Local sources informed that the self-proclaimed Islamic State militants shot down, on Monday, a helicopter belonging to the Syrian regime, in the weste countryside of Deir Ezzor, Qasioun News reported. The sources revealed that the Islamic State shot down a Syrian regime helicopter in the town of Shamitia, near the Euphrates bank, in the easter, ...ادامه مطلب

computers (representational photo) Annah (IraqiNews.com) Islamic State militants have closed down cyber cafes at their weste Anbar haven, arresting all young clients inside, a source was quoted saying as the province anticipates imminent military action to drive out the extremist group. The security source told Alghad Press that the militants closed the cafes in the towns of Annah and Rawa, , ...ادامه مطلب

Representational photo. Baghdad (IraqiNews.com) Gunmen have stolen IQD 400 million belonging to the Iraqi ministry of oil, Alsumaria News reported on Sunday. A source from the police told Alsumaria that a group of gunmen stole today IQD 400 million belonging to the oil ministry, in the capital B, ...ادامه مطلب

Representational photo. (IraqiNews.com) Dozens of Islamic State militants were killed as Iraqi intelligence carried out airstrikes in Syria to foil attacks against holy shrines in Najaf, Karbala, Samarra, the Great Mosque of Kufa and the influential Shiite Cleric Ayatollah Ali al-Sistani, the go, ...ادامه مطلب

Investors monitor stock information on an electronic board at the Iraq Stock Exchange in Baghdad October 31, 2011. Foreign investors’ appetite for Iraq’s stock market is rising before planned IPOs by the country’s three mobile telephone operators, but the fledgling market’s small size means it may s, ...ادامه مطلب

Security forces, backed by al-Hashd al-Shaabi, managed to seize a factory for making car bombs and improvised explosive devices (IEDs). REUTERS (IraqiNews.com) Ten Islamic State militants were killed as the Shia-led paramilitary troops thwarted an attack near the Iraqi-Syrian borders, the media , ...ادامه مطلب

Aftermath of Baghdad car bomb explosion. File photo. Baghdad (IraqiNews.com) A joint security force detonated a booby-trapped vehicle and arrested its driver at a checkpoint west of Baghdad, a security source was quoted saying. A security source told Baghdad Today that a security force, backed b, ...ادامه مطلب

Representational photo. Raqqa (Syria News) Syrian army troops managed, on Wednesday, to recapture the town and dam, in addition to several oil wells and a gas field, near Dbissâne, a military source told Tishreen Online. The source said in a statement that the troops of the Syrian army recapture, ...ادامه مطلب

The Iraq Stock Exchange Baghdad (IraqiNews.com) The Iraq Stock Exchange’s (ISX) benchmark index rose at Wednesday’s close by 0.44% or 2.49 points to the level of 574.08 points, backed by the positive performance of banks stocks. Trading volume decreased to 319.02 million shares from 2.29 billion, ...ادامه مطلب

Under the contract, Baker Hughes will develop advanced solutions for flare gas at the al-Nassiriya and al-Gharraf oilfields. (Reuters) Baghdad (IraqiNews.com) Iraq’s Oil Minister Jabar Ali al-Luaibi signed on Monday a contract with Baker Hughes, a General Electric company, for a fast track flare, ...ادامه مطلب

Representational photo. Damascus (Syria News) Syrian opposition fighters managed, on Thursday, to foil an extensive attack launched by the regime forces on the outskirts of Ayn Tarma Village, in the easte countryside of Damascus. Qasioun News reported that the Syrian rebels foiled the regime f, ...ادامه مطلب