Federal Iraqi forces seized control of key oilfields in the disputed province of Kirkuk earlier this week, CNBC reports. Kurdish forces peacefully withdrew from the Kirkuk oilfields. The oilfields have a current produ...
Federal forces in Iraq have taken a refinery and the headquarters of the North Oil Company from the Kurdish military, an Iraqi official told Reuters. The facilities are in the disputed province of Kirkuk. On Monday, I...
In a move that could weaken the Kurdistan Regional Government (KRG), the Iraqi Oil Ministry said that it would reopen the federal Kirkuk-Ceyhan pipeline to Turkey, Financial Times reports. The Oil Minister, Jabar El L...
The Prime Minister of Iraq, Haider El Abadi, indicated that revenues from the northern, autonomous Kurdish region belong to central government, Zawya reports. “Federal government control of oil revenues is in order to...
Following the independence referendum held by the Kurdish Regional Government (KRG) earlier this week, Iran has halted the trade of petroleum products, Zawya reports based on Iranian media. Turkey has also threatened ...
The Iraq government called on the international community to cease importing crude oil from the autonomous region controlled by the Kurdistan Regional Government, Reuters reports. In a statement from the prime ministe...
Russian oil firm, Rosneft, will invest approximately $1 billion to develop natural gas pipelines in areas under the authority of the Kurdistan Regional Government (KRG), sources told Reuters. The new pipeline is meant...
Iraq’s crude oil production fell to 4.32 million barrels per day (b/d) in August, the Iraqi Oil Minister, Jabbar El Luaibi said, according to Bloomberg. This production figure puts Iraq into compliance with the produc...
The Provincial Government of Kirkuk will not cooperate with the central government’s plans to export oil from the Kirkuk oil fields to Iran, according to provincial officials, reports Bloomberg. Iraq’s Oil Minister, J...
Kurdistan’s oil revenue fell nearly 20% in July to less than $400m as export loadings slipped and oil traders slashed their monthly prepayments to the Kurdistan Regional Government (KRG), according to Iraq Oil Report....