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By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of oil well Zubair/475 to a depth of 2,402 meters. Additionally, the company has accomplished the drilling of oil well Zubair/462, reaching a depth of 3,562 meters. These operations are part of the contract signed with the Italian company ENI to drill ....
By John Lee. Iraq's Commission of Integrity has ordered five years "severe imprisonment" for the former Director of Customs at the Trebil (Tarbiel, Trebil) border crossing (pictured) between Iraq and Jordan. The director was also required to pay back 78 billion dinars ($60 million) to the state treasury. The decision was made following an investigation ....
The Carlyle Group Inc. (NASDAQ:CG – Get Free Report) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 16,930,000 shares, a decline of 18.3% from the December 15th total of 20,730,000 shares. Based on an average daily trading volume, of […] ....
By John Lee. The Iraqi Cabinet has approved the allocation of a 433-donum plot of land for the Dhi Qar Reconstruction Fund. The land, part of the Tourist City of Ur, will facilitate the completion of designated projects. Additionally, approvals include: Transferring ownership of property near Imam Hussein Street to the local administration in Dhi ....
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the new Ya Hussain road in the center of Nasiriyah, Dhi Qar Province. The road, part of the Thi Qar Reconstruction Fund, consists of two segments: The first, spanning 3 km, features four main and service lanes, central islands, green spaces, and seating areas. ....