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Iraq signs agreement with Orion to process natural gas from southern oilfield

  • 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

  • Drone downed in central Kirkuk, security source says

  • 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

  • Rahman Legion foils Syrian army assault in Rif Dimashq

  • 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

  • Islamic State sets oil wells on fire, urges militants evacuate villages in Hawija

  • 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

  • ISIS News Today/ Iraqi forces invade Salahuddin, retake villages

  • Federal police carry their weapons during a battle against Islamic State militants, at the entrance to the city of Dawasa in Mosul, Iraq, March 5, 2017. REUTERS/Alaa Al-Marjani – RTS11ISC Shirqat (IraqiNews.com) ISIS News Today/ Iraqi govement and paramilitary forces recaptured several villages on Thursday as the govement launched a wide-scale, final operation to retake all of Islamic Stat, ...ادامه مطلب

  • ISIS News Today: Police prepare for invasion of ISIS haven in Salahuddin

  • Members of Iraqi Federal Police carry their weapon at the frontline during a battle with Islamic State militants in weste Mosul, Iraq June 5, 2017. REUTERS/Erik De Castro Shirqat (IraqiNews.com) ISIS News Today/ Iraqi Federal Police artillery bombarded Islamic State locations in Salahuddin preparing for an imminent invasion of the group’s havens on the province. The service’s chief, Lt. Gen., ...ادامه مطلب

  • ISIS News Today: Two militants die in air raid northeast of Diyala

  • Iraqi Sukhoi fighter jets. File photo. Diyala (IraqiNews.com) ISIS News Today/ Two Islamic State militants died on Wednesday when Iraqi army warplanes pounded the group’s locations northeast of Diyala province, a security commander said. Mezher al-Ezzawi, commander of Dijlah Operations, said the pair were stricken by fighter jets while riding their motorbike in Wadi Thallab, Naft Khana, northe, ...ادامه مطلب

  • ISIS News Today: Militants burn petroleum to blur aerial vision as troops advance in Anbar

  • Members of the Islamic State group. File photo. Annah (IraqiNews.com) ISIS News Today: Islamic State militants used bued petroleum to blur vision for assaulting aircraft as operations continue to clear their havens in weste Anbar. Iraqi website SNG quoted a source at the Anbar Operations Command saying that the militias dug canals in the ground, fill them with black oil and set them on fir, ...ادامه مطلب

  • Islamic State shoots down Syrian regime helicopter in Deir Ezzor

  • 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

  • ISIS News Today: Diyala offers rewards for killing suicide bombers

  • Iraqi security forces detain a boy after removing a suicide vest from him in Kirkuk in Iraq. Archival photo. Reuters. Diyala (IraqiNews.com) ISIS News Today: A local official in Diyala has announced financial rewards for citizens who kill or arrest suicide bombers targeting their regions. Mohamed Baqer al-Tamimi, mayor of Abi Saida region, told Alghad Press that a security member or citizen wh, ...ادامه مطلب

  • Islamic State close down western Anbar cybercafe, arrest clients

  • 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

  • Gunmen steal IQD 400 million belonging to oil ministry

  • 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

  • Iraqi airstrikes target IS militants in Syria to foil attacks against holy shrines

  • 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

  • ISX benchmark falls 1.21%, trading activity down

  • 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

  • Ten IS members killed as paramilitary troops foil attack near Iraqi-Syrian borders

  • 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

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