Kurdistan | Egypt Oil & Gas - Part 3

Iraq, Kurdistan Confirmed Commitment to Output Cuts

Most international oil companies working in Iraq, along with the semi-autonomous region of Kurdistan, have agreed to cut crude output to fulfill an OPEC accord.

ExxonMobil Withdrew from 6 Block in Kurdistan

ExxonMobil has pulled out of half of the six exploration blocks it operated inIraq's semi-autonomous region of Kurdistan.

Iraq Exported 3.2mb/d of Oil in September

Iraq's State Oil Marketing Company (SOMO) has sold an average of 3.276mb/d in oil exports during September.

Iraq Produced 4.638mb/d of Crude in August

The Iraqi Oil Marketing Company (SUMO) announced that the country's crude oil production in August remained steady at 4.638mb/d compared with 4.632mb/d in July.

Kirkuk Receives Petrodollar Payments from KRG

Kirkuk has received new payments for exported oil from the Kurdistan Regional Government (KRG) bringing up the total amount paid to Kirkuk to $50m since December 2015.

Kurdistan Oil Revenues Decline in July

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.

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.

Iraq Exported Near-Record Crude in March

Iraq exported near-record amount of crude in March from its southern ports reaching to around 3.286mb/d, up from 3.225mb/d in February, Oil Ministry informed.

Iraqi Kurdistan Region Sees 50% Decline in Oil Exports

Oil exports from the autonomous Kurdistan region in northern Iraq declined by nearly 50% in February due to the ongoing outage of a pipeline to Turkey, wiping $350m off the cash-strapped Kurdistan region's revenues a ...

KRG Struggling for Cash as Oil Debts, ISIS Threat Mount

The autonomous Kurdistan Regional Government (KRG) in northern Iraq announced that it may sell parts of its electricity sector to raise funds to reduce its budget deficit.

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