Gas Prices Fall as Kormor Production Resumes
Gas prices in the Kurdistan Region are expected to fall after production restarted at the Kormor gas field, operated by Dana Gas. The company...
Over 1,500 Residents in Erbil’s Article 140 Areas Cleared to Receive Gas
The Erbil Directorate of Oil and Minerals released a new list of over 1,500 residents from Article 140 areas. These residents can now receive...
Gas Production Resumes at Kormor Field in Kurdistan Region
Dana Gas has announced the resumption of gas production at the Kormor field in the Kurdistan Region after several weeks of disrupted operations. The...
Oil Prices Trade Near $97 Amid Hormuz Strait Tensions
The global oil price climbed on Thursday as Asian markets reopened, driven by growing uncertainty over the situation in the Strait of Hormuz and Iran’s control...
Oil Prices Drop 15% Following U.S.-Iran Ceasefire Announcement
Oil prices fell sharply on Wednesday after the announcement of a ceasefire between the United States and Iran. The news immediately affected global energy...
Kurdistan Pipeline Enables Iraq to Increase Crude Oil Supply by 90,000 Barrels Per Day
Iraq will boost its crude oil supply by an additional 90,000 barrels per day through the Kurdistan Region’s pipeline. This increase will raise Iraq’s...
