Energy

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 disruptions to Middle Eastern supplies supported the rebound, while prospects for...

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...

Genel Energy Reports 66% Drop in Tawke and Peshkabir Oil Output

Genel Energy reported a 66.3% decline in combined oil production from the Tawke and Peshkabir fields during the...

Gold Prices Rise Above $4,050 per Ounce

Gold prices edged higher on Tuesday and remained above $4,050 per ounce as investors weighed renewed US-Iran tensions...
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KRG Delivers Nearly 19.6 Million Barrels to SOMO in Three Months

The Kurdistan Regional Government (KRG) says it delivered nearly 19.6 million barrels of crude oil to Iraq’s state oil marketer, SOMO, in just three...

Liquid Air Emerges as a New Solution for Storing Solar and Wind Energy

A new technology is changing how countries store clean energy. From now on, solar and wind power can be stored using liquid air. This system...

Ministry of Natural Resources: Over 120 Million Liters of Kerosene Distributed

The Ministry of Natural Resources announced that it has distributed more than 120 million liters of kerosene so far. The distribution has benefited more...

Third Largest Dam in Kurdistan Region Underway in Germiyan

The Kurdistan Regional Government (KRG) has begun constructing the third largest dam in the region in Germiyan. The Bawanur Dam will store 30 million...

Norwegian Oil Firm DNO Resumes Drilling in Duhok License, Plans Production Boost

Norwegian oil and gas company DNO announced it is expanding operations in the Kurdistan Region. The company will resume drilling at its flagship Tawke...

Kurdistan Oil Exports Stabilize at 190,000 Barrels Per Day

Oil exports from the Kurdistan Region through Turkey’s Ceyhan port now stand at 190,000 barrels per day. The steady flow marks a strong recovery in...
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