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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Iraq Launches Solar Loan Initiative to Alleviate Grid Load and Combat Climate Change

In a strategic move to mitigate climate-related challenges and reduce the load on the national electricity grid, Iraq’s Ministry of Electricity introduced a solar...

Iraq and Syria Strengthen Security and Energy Collaboration Amid Regional Shifts

An Iraqi governmental delegation recently traveled to Damascus to engage in discussions with Syrian officials regarding joint security initiatives and the revitalization of energy...

Progress in Resuming Kurdistan Region Oil Exports Amid Ongoing Negotiations

Recent developments indicate that there are no significant technical or political obstacles preventing the resumption of oil exports from the Kurdistan Region. According to...

DNO Reports Increased Oil Output in Kurdistan Region Despite Ongoing Export Suspension

Norwegian energy firm DNO has reported a rise in oil production within the Kurdistan Region of Iraq during the first quarter of the current...

Erbil Water Emergency Project Nears Completion, Aims to Resolve Seasonal Shortages

Approximately 73 percent of the Erbil Water Emergency Project has been completed, according to the Erbil governor's office. Designed to address chronic water shortages,...

Over 400,000 Citizens Now Benefit from Kurdistan’s Expanding 24-Hour Electricity Project

More than 415,000 people across the Kurdistan Region are currently benefiting from the ongoing lighting project, which aims to provide uninterrupted 24-hour electricity to...
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