Iraq: oil exports average of 2.6 million b / d in May

Iraqi Oil Minister, Abdul Karim al-Laeebi said on Sunday, that oil exports averaged to 2.6 million barrels per day (bpd) in May, due to attacks on the northern Kirkuk pipeline while production totaled 3.15 million bpd throughout the month. Iraq needs to increase exports in order to enhance its position as the second largest producer […]

Arab Family Businesses Make up 85% of Arab World’s Non-Oil GDP

Over $1 trillion in Assets will pass from one Generation to the next over the coming 10 years Family businesses make up over 85 per cent of the whole Arab World’s non-oil GDP, and have significant influence and sway, both societally and politically as a result of their extensive networks and relationships. Badr Jafar, Managing […]

GKP Seeks New Chairman

Gulf Keystone Petroleum (GKP) has provided an update on its intention to move from AIM to the Premium Segment of the Official List of the London Stock Exchange. The Company will initially make an application for the Common Shares of the Company to be admitted to the Standard Segment of the Official List. The Company […]

Iraq and Kuwait Discuss Chapter VII

The Kuwaiti Emir, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, received on 28th of May, 2013, at Al Seif Palace, Iraq’s Foreign Minister Hoshyar Zebari and his accompanying delegation. The Emir praised the efforts made by the Iraqi Government to end the third phase of the joint border pillars maintenance in implementation of Security […]