Iraq’s federal government has requested that the Kurdistan Regional Government (KRG) cut its oil production by 120,000 barrels per day (bbl/d), according to Reuters. At present, the semi-autonomous Kurdistan Region of...
Genel Energy has announced the receiving of $8.5 million of payment from the Kurdistan Regional Government (KRG) for May’s oil sales, according to a press release. The Taq Taq partners yielded a gross payment of $3.4 ...
Iraq’s Kurdistan Regional Government (KRG) exported 625,000b/d of oil to Ceyhan Port in January 2017, Ekurd Daily informed. According to a document obtained by NRT TV, the KRG’s Ministry of Natural Resources (MN...
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, Oil Review Middle East reported. In a st...
Dana Gas, the Sharjah-based natural gas company, 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, ...
The Anglo-Turkish oil company, Genel Energy, mentioned that it expects a decline in production at its Kurdish oil fields. The company recorded a net production averaged 53,100b/d in the third quarter of 2016, with 8% ...
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, said KRG...