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 Production Surges as DNO Reports Record Revenue

DNO ASA posted record revenue of USD 547 million and an operating profit of USD 222 million in Q3 2025. Both figures more than...

Kurdistan Oil Exports Pass 200,000 Barrels Daily

Kurdistan oil exports have climbed above 200,000 barrels per day, marking a vital economic recovery after more than two years of shutdown. This achievement signals...

Dana Gas earns $103 million as Kurdistan gas output drives growth

Dana Gas reported a strong performance in the first nine months of 2025. The UAE-based company achieved a Dana Gas profit of $103 million, even as...

KRG Delivers 8 Million Barrels of Oil to Baghdad

The Kurdistan Regional Government (KRG) has handed over eight million barrels of oil to Iraq’s State Oil Marketing Organization (SOMO) since exports resumed in...

Kurdistan Oil Exports Resume Through Iraqi Pipeline

Kurdistan oil exports have resumed through the Iraqi pipeline to Turkey. The restart follows an agreement between the Iraqi government and several international oil...

Iraqi Parliament Blamed for Kurdistan Oil Export Losses

The Kurdistan oil export losses have sharply increased due to delays in passing Iraq's oil and gas law. The Eco-Iraq Observatory has directly blamed the Iraqi...
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