featured Archives - Panorama Insurance Brokers

With the 3rd largest oil reserves in the world – Canada stands ready to help new producer Guyana build capacity – High Commissioner

Guyana is being encouraged to harness the decades of experience in the petroleum industry that Canada has to offer, as the South American country moves to develop its vast hydrocarbon resources. This advice came from Canada’s High Commissioner to Guyana, Lilian Chatterjee, speaking at the first Caribbean Virtual Oil and Gas Summit (CARIVS).  Addressing hundreds of… Read More

Key Speakers to address Iraq Petroleum Virtual Event

Iraqi Government and Oil and Gas Industry Thought Leaders to Speak at Iraq Petroleum Virtual Event Annual Conference set to navigate the future of the oil and gas industry in Iraq Conference will include online conference sessions available live and on demand for all attendees Delegates will gain insights into the latest policy and project… Read More

Upfront investment in proprietary data, technology behind multi-billion-barrel discoveries offshore Guyana – ExxonMobil

The unprecedented success rate for discoveries that ExxonMobil has had offshore Guyana since 2015 is being attributed to proprietary seismic data and technology the company has developed over the years. Company officials told participants at the Caribbean Virtual Oil and Gas Summit (CARIVS) this week that the use of big tech has been key to… Read More

Guyana, United States set to sign ‘Growth in the Americas’ MoU to push energy, infrastructure investments

U.S. Secretary of State Michael R. Pompeo’s visit to the new oil producing country of Guyana will see the signing of a Memorandum of Understanding (MoU) geared towards improving the investment environment in the South American nation. According to a Senior State Department official, on Friday Mr. Pompeo will meet with Guyana’s Foreign Minister Hugh Todd and… Read More

Use oil revenues to push diversification agenda before window of opportunity is lost – Nokta urges

President of the Guyana Manufacturing and Services Association (GMSA) Shyam Nokta believes that now is the time that Guyana must make the most of the opportunities to strengthen the South American country’s traditional economic sectors given not only the finite nature of oil and gas but also the increasing environmental consciousness that its leading towards… Read More

Washington can seize a pinprick of light in Libya

By Jeffrey Feltman, for The Brookings Institution. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Libya Business News. A few flickers of light may be penetrating Libya’s deepening gloom. On the one hand, Libya’s misery grows worse. As Acting U.N. Special Representative Stephanie Williams told the… Read More

Details of PM’s New Appointments to Key Institutions

By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kadhimi’s Rolling Reshuffle (Part 2): Protecting Iraq’s Economic Institutions and Borders On September 14, Baghdad announced a range of strategic leadership appointments for institutions tasked… Read More

New 238-km Water Pipeline to serve Basra

By John Lee. At the weekly cabinet meeting on Tuesday it was agreed that the Ministry of Planning will finance the replacement of the water channel known as Al-Bada’a canal with a 238-km water pipeline. According to a government statemet, this will help reduce water scarcity and increase access to safe drinking water in Basra…. Read More

Iraqi Oil Minister to head INOC

By John Lee. Iraq’s Oil Minister, Ihsan Ismaael [Ahsan Abdul-Jabbar Ismail], will reportedly become the head of a recently-revived Iraq National Oil Company (INOC). Mr Ismael was previously the director general of the state-run Basra Oil Company (BOC); he joined the cabinet of Prime Minister Mustafa Al Kadhimi in June. More here. (Source: The National)… Read More

NATO Reaffirms Commitment to Support Iraq

By John Lee. On Wednesday 16 September, NATO Secretary General Jens Stoltenberg met with the Foreign Minister of Iraq Mr. Fuad Mohammad Hussein, at NATO Headquarters in Brussels. The Secretary General shared his deepest sympathies for those affected by the COVID-19 pandemic and reaffirmed NATO Allies’ commitment to continue supporting Iraq in responding to this… Read More