Kurdistan Regional Government (KRG)

Iraq Asks KRG to Cut Production by 120,000 bbl/d

Iraq’s federal government has requested that the Kurdistan Regional Government (KRG) cut its oil production by 120,000 barrels per day (bbl/d).

Genel Energy Receives $8.5 MM from Kurdistan

Genel Energy, listed on the London Stock Exchange (LSE), has announced the receiving of payment from the Kurdistan Regional Government (KRG) for May’s oil sales.

Iraq’s KRG Exported 625,000b/d of Oil

Iraq’s Kurdistan Regional Government (KRG) exported 625,000b/d of oil to Ceyhan Port in January.

DNO Discovered Oil at Peshkabir in Kurdistan

Norwegian oil and gas operator DNO has discovered oil in Peshkabir-2 well’s Cretaceous horizon in the Peshkabir field, currently being drilling in the Kurdistan Region of Iraq.

Dana Gas Earned $13m

Dana Gas declared a third quarter net profit of $13m, compared to a net loss of $9m during the same period in 2015, reported Gulf News. The nine-month net profit stood at $26m, against a gain of $10m in the same peri ...

Kurdistan Fields Produced Less Oil

Genel Energy, mentioned that it expects a decline in production at its Kurdish oil fields.

Iraqi Kurdistan Conditions Oil Export Deal with Baghdad

Kurdistan Regional Government (KRG) is ready to sign a new agreement with the Iraqi central government and increase its oil exports if Baghdad guarantees KRG a monthly revenue of $1b from the federal budgets.

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