Shares of Dana Gas jumped about 5% in trade after the British high court upheld an earlier order requiring $100m in payment from the Kurdistan Regional Government (KRG) to Dana's consortium
Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).
Gulf Keystone Petroleum Ltd said it had received further payments on recent contracts, helping prop up its cash position, and continued to progress towards a regular payment cycle for the oil it produces.
Turkey does not envisage a new pipeline being built for Kurdish oil from Iraq until an existing pipeline between Kirkuk the Turkish Mediterranean port of Ceyhan is working at capacity, Energy Minister Taner Yildiz sa ...
In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess a ...
Gazprom Neft Middle East, the operator of Gazprom Neft’s projects in Iraqi Kurdistan, is to conduct a 2D seismic survey on the south-eastern section of the Halabja block.
Iraq's oil exports rose in February to an average 2.597 million b/d from 2.535 million b/d in the previous month, the oil ministry said in a statement.
A deal aimed at resolving a dispute between Baghdad and Kurdish regional authorities over crude oil exports looked fragile with the semi-autonomous region's Prime Minister threatening to withhold exports.
More Kurdish oil will probably head to the U.S. even as a tanker carrying 1 million barrels of disputed crude returns to the Mediterranean Sea six months and $60 million less valuable after anchoring off Texas.