Energy

Gold Price Rises Above $4,140 per Ounce

Gold prices rose for a third consecutive day on Wednesday as a weaker US dollar and lower oil prices supported demand. Investors also waited for US employment data for...

More Than 45,000 Runaki Project Subscribers Repay Old Electricity Debts

The Runaki Project has announced that more than 45,000 electricity subscribers have repaid debts accumulated before the launch...

Brent Crude Returns Above $84 as Supply Risks Persist

Oil prices edged higher on Tuesday after suffering sharp losses in the previous session. Renewed concern about possible...

Salary Funds Expected to Reach Kurdistan Region by Mid-Next Week

A senior source in Baghdad says no legal or political obstacles remain to transferring salaries for public employees...

SOMO: Kurdistan Region Oil Output Falls to 20,000 Barrels per Day

Oil production in the Kurdistan Region has fallen from 230,000 barrels per day to only 20,000 because of...
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Kurdistan’s Oil Payments Crisis Exposes Baghdad’s Revenue Control Strategy

The Kurdistan Region is facing a deep and prolonged oil payments crisis. This crisis is not only financial. It reflects a wider federal power...

DNO Says Kurdistan Oil Output Rose by Over 30,000 bpd in Q4 2025

Norwegian oil and gas company DNO said oil production in the Kurdistan Region rose sharply in the fourth quarter of 2025. Higher output from...

More Than 45 Million Liters of Household Fuel Distributed in Erbil Governorate

The Kurdistan Regional Government (KRG) has distributed more than 45 million liters of white household fuel across Erbil Governorate as part of its annual...

SOMO: Kurdistan Oil Revenues Hit Nearly $400 Million Monthly

The Iraqi oil marketing company SOMO reported that Iraq exported 3.6 million barrels of oil per day at the start of this month. The...

This Year Kurdistan is Set to Achieve 24-Hour Electricity Supply Across the Entire Region

Kurdistan is set to provide 24-hour electricity across the entire region by the end of this year. During the winter, high demand caused some...

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...
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