Energy

Baghdad and Erbil Near Agreement on Digital Customs System and Revenue Sharing

The Kurdistan Regional Government (KRG) and Baghdad are close to a major agreement on customs reform. They have completed about 97% of the work needed to launch the ASYCUDA...

Egg Prices Drop to 25,000 IQD per Carton in Kurdistan Region

Egg prices in the Kurdistan Region have fallen sharply, with the cost of one carton dropping to 25,000...

Erbil and Baghdad Reach Agreement on ASYCUDA System Implementation

A technical delegation from the Kurdistan Region met officials in Baghdad to discuss the ASYCUDA customs system at...

Two Key Factors Behind the Iraqi Dinar’s Decline Against the US Dollar

Economic experts have linked the recent decline of the Iraqi dinar against the US dollar to two main...

Oil Prices Fall as Brent Crude Drops Below $79 per Barrel

Global oil prices declined on Thursday after the United States and Iran signed an agreement aimed at easing...
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Kurdistan Region Extends Oil Agreement with Baghdad Until March 2026

The Kurdistan Regional Government (KRG) has extended its oil agreement with Baghdad until March 31, 2026. Officials say the extension will help maintain stable...

KRG Council of Ministers to Discuss 2026 Budget and Oil Export Agreement Implementation

The Kurdistan Regional Government (KRG) Council of Ministers will meet to review the region’s financial situation. The meeting will also focus on the implementation...

KRG Buys Surplus Solar Electricity from Homes and Projects using Solar System

The Kurdistan Regional Government (KRG) is taking a major step to expand clean energy by purchasing surplus electricity from citizens and project owners using...

Solar Energy Adoption Surges in Duhok as Households Turn to Renewables for Stability

Solar power use is growing fast in Duhok Governorate. More than 500 households have installed solar energy systems in recent years. This shift shows...

UK’s Wood Mackenzie to Review Oil Production Costs in Kurdistan

UK-based consultancy Wood Mackenzie will assess oil production costs in Kurdistan. Iraq’s Ministry of Oil reached the agreement as part of efforts to resume...

Over 500 Subscribers in Duhok Now Use Solar Power Systems

The use of solar power systems in Duhok Province is rising rapidly. The General Directorate of Electricity in Duhok has confirmed that 530 electricity...
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