Genel Energy is likely to significantly increase oil production guidance for Kurdistan in 2019, chief financial officer Esa Ikaheimonen stated, according to The National. The increased output is expected to come from ...
Iraq has begun deliveries of crude oil from Kirkuk to Iran, while Tehran will export a similar amount to Iraqi ports on its southern border, Reuters reported. Between 30,000 and 60,000 barrels per day (b/d) of Kirkuk ...
Norwegian oil and gas operator DNO announced on April 26 that it intends to expand and accelerate operations in Kurdistan, northern Iraq, Platts reported. DNO stated that its gross production in Q1 2018 averaged 113,9...
A senior Iraqi energy official has said that oil could be sent from Kirkuk in the north of Iraq to Iran’s Kermanshah refinery in the coming weeks, according to Fars News. “The swap deal was agreed at the end of ...
Pearl Petroleum has signed a 10-year gas sales agreement with the Kurdistan Regional Government (KRG), a Dana Gas press release detailed. The agreement will see the consortium led by Dana Gas and Crescent Petroleum se...
Russia’s Rosneft agreed to explore and develop five fields in Iraq’s Kurdistan as it seeks to become a key player in one of the world’s newest and fastest growing oil provinces, according to Reuters....
Iraq’s Kurdistan has increased the loans guaranteed by future oil sales to $3b in new deals with trading houses and Russian state oil firm Rosneft, in efforts to strengthen its fiscal position, Reuters reported....
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...
Iran has denied that it has reached an agreement with Kurdistan in Iraq for laying joint oil pipelines, The Siasat Daily reported. Iranian Ministry of Petroleum’s public relations announced that The Islamic republic h...
Iraq Prime Minister Haider al-Abadi said the autonomous Kurdish region was exporting more than its allocated share of oil as the country seeks to comply with an OPEC output cut, Reuters reported. Abadi told reporters ...