oil
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Iraq's commitment to OPEC oil reduction won't affect exports / Hassan Al-Saeed
Iraq's oil reduction per the recent OPEC+ agreement will not affect the country's revenues, according to Iraq's oil minister.
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US foundations release real amount of Kurdistan Region oil reserves
Two American foundations said in a statement that the real amount of the Kurdistan Region oil reserves is not 45 billion barrels but it is about 4 billion barrels.
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Federal government plans to cut off Kurdistan Region budget if Erbil refuses to deliver oil revenues to Baghdad: MP
A representative of the State of Law Coalition in the Iraqi Parliament announced the decision of the Iraqi central government to cut off the budget of the Kurdistan Region if it's oil revenues are not delivered to Baghdad.
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Erbil in not dependent on budget provided by Baghdad: official
The vice-chairman of the Finance Commission of the Kurdistan Region Parliament said the Kurdistan Regional Government does not rely on the budget provided by the federal government in Baghdad.
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Oil companies urge US mediation in Erbil-Baghdad dispute
Oil production companies in the Kurdistan Region have called for US assistance in reducing tension between the Iraqi federal government and the Kurdistan Regional Government (KRG), Reuters said on Thursday, September 1.
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UNAMI chief, Masoud Barzani discuss Iraq political situation in Salahadin
The leader of the Kurdistan Democratic Party (KDP), Masoud Barzani, met with the Special Representative of the UN Secretary-General for Iraq, Jeanine Hennis-Plasschaert, in Salahadin province to discuss the political situation in Iraq on Monday, August 22.
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Oil companies stop work in Iraqi Kurdistan after Baghdad court ruling
Iraq’s supreme court recently ruled that the autonomous part of northern Iraq cannot conduct oil deals independent of the federal government, resulting in significant tension.
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Erbil says it will not succumb to any pressure from Baghdad
The Kurdistan Regional Government in Erbil stressed on Wednesday that it will not lean to any pressure from the Federal Government.
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Iraqi Kurds decry 'unjust pressure' from Baghdad in oil row
Iraq's supreme court in February ordered Kurdistan to deliver the oil produced in its territories to the federal government in Baghdad. It also gave the latter the right to review all oil contracts, or even cancel them.
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Three international companies to withdraw operations in Kurdistan Region
The Iraqi Ministry of Oil said on Monday, July 4, three US oil companies operating in the Kurdistan Region said they will abide by the Federal Supreme Court’s verdict and close their contracts with the Kurdistan Regional Government (KRG).
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Dana Gas halts expansion operations in Khor Mor, Sulaimani
UAE-based Dana Gas has suspended its works in expanding the Khor Mor field in Chamchamal, Sulaimani province, after a series of missile attacks on the gas field in the past few days.
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Dana Gas halts expansion operations in Khor Mor, Sulaimani
UAE-based Dana Gas has suspended its works in expanding the Khor Mor field in Chamchamal, Sulaimani province, after a series of missile attacks on the gas field in the past few days.
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KDP sets condition for joining new government in Baghdad
An Iraqi MP from the Kurdistan Democratic Party (KDP) bloc the KDP’s precondition on joining the federal government in Baghdad was that the federal government not violate the rights of the Kurdistan Region.
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Kadhimi says he stands firm on Baghdad’s position against KRG oil sales
Iraqi Prime Minster Mustafa al-Kadhimi said on Tuesday, June 7, the federal government is committed to implementing the federal court’s decision against the Kurdistan Regional Government’s (KRG) oil sales.
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Iraq threatens to cut KRG share of budget over Erbil-Baghdad oil dispute
The Iraqi Minister of Finance, Ali Allawi said on Monday, June 6, if the Kurdistan Regional Government (KRG) does not reach an agreement with the federal government the ministry will have to cut the KRG’s percent of the share of income.
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Malla Bakhtiar warns about internal and external dangers against Kurdistan Region
The senior member of the Supreme Political Council and the interests of the Patriotic Union of Kurdistan (PUK) warned about internal conflicts in the Kurdistan region and the existence of internal and external dangers against the region.
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KRG can not implement federal court ruling on oil sector: PM Barzani
Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani said on Tuesday, May 25, that the Iraqi Supreme Court ruling against KRG's oil sales is unconstitutional and political, and the KRG will not implement it.
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Nechivan Barzani urges unity of Kurdish forces at graduation ceremony in Sulaimani
The President of the Kurdistan Region, Nechirvan Barzani, said on Sunday, May 22, the delay in unifying Peshmerga forces has led the public to expect the division of the Region.
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Baghdad plans to establish new oil company in Kurdistan Region
The Iraqi oil ministry said on Saturday the federal government aims to establish a new oil company in the Kurdistan Region.
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KRG won’t abide by federal court’s ruling on oil and gas: PM adviser
The Kurdistan Regional Government (KRG) will not abide by a federal court’s ruling on the Region’s oil and gas exports, Voice of America cited a Kurdish adviser as saying on Tuesday, May 9.
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Iraqi ministry to oversee Kurdistan Region oil and gas field management
Iraq’s oil ministry has taken all necessary measures required to implement a federal court’s ruling that gives it the authority to manage oil and gas fields in the Kurdistan Region, state oil marketer SOMO said on Monday, April 11.