Despite Budget Uncertainty, Kurdistan Extends Oil Deal and Nears Full 24-Hour Power
Amid continued delays in approving Iraq’s federal budget, the Kurdistan Region has secured a temporary extension of its oil export agreement with Baghdad. At...
With the Reopening of Global Markets, Gold, Silver, and Oil Prices Decline
With the reopening of global markets at the start of the week, prices of gold, silver, and oil declined sharply, reflecting renewed volatility in...
SOMO Signals Possible Renewal of Kurdistan Oil Export Deal
Iraq’s State Oil Marketing Organization (SOMO) has signaled that renewing the Kurdistan oil export deal remains possible. The organization said this is due to...
Dana Gas and Crescent Petroleum Sign Long-Term Gas Deals with Kurdistan Companies
Dana Gas and Crescent Petroleum, together with their partners in the Petroleum Consortium, have signed long-term gas sales agreements with multiple companies in the Kurdistan Region. As...
Kurdistan Oil Exports Near Six Million Barrels, SOMO Data Shows
Iraq’s State Organization for Marketing of Oil (SOMO) exported nearly six million barrels of crude oil from the Kurdistan Region last month as part...
Kurdistan’s Oil Payments Crisis Exposes Baghdad’s Revenue Control Strategy
The Kurdistan Region is facing a deep and prolonged oil payments crisis. This crisis is not only financial. It reflects a wider federal power...
