Kurdistan | Egypt Oil & Gas - Part 3
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, Reuters reported. According to Kurdistan’s Minister of Natural Resources, Ashti Haw...
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, Business Recorder reported. According to Iraq’s Oil Minister these exports included an average of 3.245...
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, reported Business Recorder. Furthermore, the co...
Kirkuk Receives Petrodollar Payments from KRG
Kirkuk, the city in the Iraqi Kurdistan region, has received new payments for exported oil from the Kurdistan Regional Government (KRG) bringing up the total amount paid to Kirkuk to $50 million since December 2015, R...
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 (KRG), according to Iraq Oil Report....
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, said KRG...
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 as Al Arabiya reported. Previously, the country had seen r...
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 reven...
