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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US-KRG Energy Cooperation Set to Deepen Through Strategic Panel and New Agreements

Today, May 22, 2025, a high-level energy panel is scheduled to take place at 8:30 a.m. (Washington, D.C. time), corresponding to 3:30 p.m. (Erbil...

Rwanga Foundation Launches Kurdistan’s First Sustainable Solar-Powered Village

The Rwanga Foundation, which was founded by Idris Nechirvan Barzani, has officially inaugurated Kulak Village, marking a milestone as the first fully sustainable, solar-powered...

KRG Signs Landmark Energy Agreements to Advance Gas Sector and Economic Growth

The Kurdistan Regional Government (KRG) has signed significant energy development agreements with U.S.-based firms HKN Energy and WesternZagros, alongside Miran Energy, to further the...

Kurdistan Region Delegation Attends Future Energy Forum to Advance Sectoral Growth

A high-level delegation from the Kurdistan Region, led by Prime Minister Masrour Barzani, has arrived in Washington, D.C., to participate in the Future Energy...

KRG Approves New Tiered Electricity Pricing to Reduce Household Energy Costs

The Kurdistan Regional Government (KRG) has formally introduced a new electricity pricing scheme under the National Electricity Project (NEP), aiming to reduce the financial...

Over 700 Private Generators Decommissioned Across KRG as 24-Hour Electricity Project Expands

More than 700 privately operated generators have been decommissioned throughout the Kurdistan Region as part of the regional government’s ongoing lighting initiative aimed at...
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