Impact of Falling Oil Prices on Iraq’s Revenue and Economic Stability
The recent plunge in oil prices to a four-year low has raised significant concerns for oil-dependent economies such as Iraq, where oil revenue constitutes...
Challenges in Resolving Oil Export Disputes Between Erbil and Baghdad: A Week to Finalize Consultancy Agreement
The ongoing negotiations between the Kurdistan Regional Government (KRG) and the Federal Oil Ministry face significant hurdles, primarily regarding the re-exportation of oil from...
Discussions Ongoing Over Appointment of Consulting Firm for Kurdistan Oil Audit
Following the amendments made to the Iraqi budget in mid-February of this year, Erbil and Baghdad were expected to appoint a consulting firm within...
Key Issues Remain as Erbil and Baghdad Agree on Resuming Oil Exports
The Iraqi Oil Ministry has indicated that there is no major disagreement between the federal government and the Kurdistan Regional Government (KRG) regarding the...
Erbil: The majority of neighborhoods in the city have received 24-hour electricity refill forms
In an effort to improve and manage the electricity distribution system, 24-hour electricity refill forms have been distributed to the majority of neighborhoods across...
Genel Energy Ordered to Pay $26 Million in Compensation to Kurdistan Regional Government Following Contractual Delays
Genel Energy, a major Turkish oil company listed on the London Stock Exchange, has been ordered by a London arbitration court to compensate the...
