Energy

Gold Prices Remained Steady Near $4,500 Amid Iran Conflict Uncertainty

Gold prices remained steady at around $4,500 per ounce as global markets reacted cautiously to ongoing geopolitical tensions. Traders are closely monitoring developments related to the conflict involving Iran...

Lithos Brings Authentic Greek Cuisine to Erbil

Lithos Restaurant is one of the most distinctive Greek-style dining spots in Erbil. Known for its unique atmosphere...

20% Electricity Fee Waiver Returns 8 Billion IQD to Residents

The Kurdistan Regional Government has returned nearly 8 billion Iraqi dinars to residents following a 20% electricity fee...

USD/IQD Exchange Rate Rises in Erbil Markets

The USD recorded a slight increase against the Iraqi dinar in Erbil markets. Traders reported higher exchange rates...

Kurdistan Prepares Salary List and Audit Report for Submission to Baghdad

The Kurdistan Regional Government (KRG) has finalized preparations to send its March salary list and February audit report...
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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...

DNO Says Kurdistan Oil Output Rose by Over 30,000 bpd in Q4 2025

Norwegian oil and gas company DNO said oil production in the Kurdistan Region rose sharply in the fourth quarter of 2025. Higher output from...

More Than 45 Million Liters of Household Fuel Distributed in Erbil Governorate

The Kurdistan Regional Government (KRG) has distributed more than 45 million liters of white household fuel across Erbil Governorate as part of its annual...
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