Genel adds to Kurdish portfolio

• Tuesday, 15th May 2012
• by Egypt Oil & Gas

London-listed Genel Energy is set to gain a 23% stake in the in the Bina Bawi exploration licence in the Kurdistan region of Iraq. Genel will acquire the stake by purchasing all of the share capital of Petoil subsidia...

Stoppage of Kurdish north oil exports confirmed

• Wednesday, 4th April 2012
• by Egypt Oil & Gas

North Oil Company confirmed that the Kurdish government stopped exporting oil through the main Iraqi pipeline to Turkey. The source told Aswat al-Iraq that the stoppage was due to political conflict. Kurdish oil expor...

Iraq says Kurdistan smuggling oil through Iran

• Monday, 2nd April 2012
• by Egypt Oil & Gas

Iraq’s Kurdish region, which has halted crude exports in a row with Baghdad, owes the central government more than $5 billion and is smuggling the oil it produces through Iran, Iraqi officials said Monday. "...

Iraq approves oil payments to KRG producers

• Wednesday, 28th March 2012
• by Egypt Oil & Gas

Iraq’s central government has approved payment of close to $560 million to oil producers in the autonomous Kurdish region, its finance minister said, after Kurdish authorities threatened to halt exports due to a...