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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Kurdistan Oil Exports Resume Through Ceyhan Terminal

International oil companies in the Kurdistan Region loaded their first export cargo from Turkey’s Ceyhan terminal. Gulf Keystone Petroleum announced the update. The company...

Kurdistan Pipeline Project Avoids Sanctions After Rosneft Stake Cut

Rosneft cut its ownership in the Kurdistan Pipeline Company (KPC) to protect the Kurdistan pipeline project from new U.S. sanctions. A senior official from the Kurdistan...

Dana Gas Agreement Boosts Syria’s Natural Gas Recovery

The Syria Natural Gas Deal has taken a major step forward as Dana Gas signed a new agreement with the Syrian government to support the country’s...

Kurdistan Crude Lifting Boosts GKP Shares

Gulf Keystone Petroleum (GKP) completed the first Kurdistan crude lifting for the September–October period. The company coordinated with other IOCs to export the crude...

APIKUR Clarifies Payment Mechanism for Kurdistan Oil Exports

The Association of the Petroleum Industry of Kurdistan (APIKUR) represents international oil companies (IOCs) operating in the Kurdistan Region of Iraq. It has clarified...

KRG Announces 24-Hour Electricity for Nearly 4.5 Million Citizens

The Kurdistan Regional Government (KRG) announced on October 30 that nearly 4.5 million citizens, or around 70% of the Kurdistan Region’s population, now receive 24-hour electricity through the Runaki program. The achievement marks...
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