Crude oil is flowing through the Kurdish-controlled Iraq-Turkey pipeline at 650,000-700,000 b/d and the line's pumping capacity will be lifted to 1 million b/d by 2016, the Kurdistan Regional Government's natural resources minister said ...
Tags: Crude oil
Iraq exported 2.509 million b/d of crude in April, all from its southern oil terminals as the country's northern export pipeline remained inoperable. April exports were 112,000 b/d more than the 2.397 b/d exported from the country in ...
Tags: Crude, oil terminals
The volume of crude from the northern Iraq region of Kurdistan being held in tanks at Turkey's Mediterranean oil hub of Ceyhan has reached 1 million barrels, Turkish energy minister Taner Yildiz told reporters Wednesday in a press ...
WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") has completed testing operations in the Oligocene reservoir of the Kurdamir-3 appraisal well on the Kurdamir oil and gas discovery in the Kurdistan Region of ...
Tags: natural gas, Oil Supports
Talks aimed at resolving the oil payments dispute between the Kurdistan Regional Government (KRG) and the Iraqi Federal Government are believed to have reached deadlock. Hopes of a resolution had been raised last week, but coalition ...
Tags: Iraq, Oil Payment, KRG
Germany’s Federal Minister of Transport, Building, and Urban Development, Peter Ramsauer, led a business delegation to Erbil to meet Kurdistan Regional Government officials and participate in the first Germany-Kurdistan Region ...
Tags: Building, Urban Development, Economic Forum
Oil giant ExxonMobil has reportedly hired former U.S. ambassador to Iraq, James Jeffrey (pictured), as a consultant. The company was recently told that it must choose between working in Iraq’s southern oilfields, where it operates ...
Tags: Exxon, Former US Ambassador, Iraq
The UK’s leading trade association for oil and gas supplies and services on Thursday concluded its first mission to the Kurdistan Region. Dr Ashti Hawrami, the Kurdistan Regional Government’s Minister of Natural Resources, met ...
Tags: KRG, Hawrami, UK Energy Delegation
A senior Turkish government official has told the Hürriyet Daily News that the Turkish government will continue to encourage Turkish energy companies to sign more agreements with the Kurdistan Regional Government, despite what it ...
Tags: oil, gas, Investment
Sterling Energy has announced that it is withdrawing from the Sangaw North Production Sharing Contract (“PSC”) in Kurdistan. Shares in the company were trading down 3.3 percent on Friday morning: Interpretation of the 2D ...
Tags: Sterling Energy, PSC, Kurdistan
Iraqi Oil Minister Abdul Kareem Luaibi [Elaibi] has issued a stern warning to the KRG over their attempts to export large quantities of crude oil to Turkey, describing it as “a red line“. “The Kurds are under obligation ...
Tags: Iraqi Oil Minister, KRG, crude oil, Turkey
WesternZagros Resources has announced a fourfold increase in the Company’s contingent resource estimates at the giant oil discovery on the Kurdamir Block in the Kurdistan Region of Iraq. Shares closed up 2.7 percent on Monday, but ...
Tags: WesternZagros Resources, fourfold increase, contingent resource
Reuters reports that Iraq has sweetened the terms for oil contract buyers and is becoming more competitive on pricing. Oil Minister Abdul Kareem Luaibi [Elaibi], who met customers in Vienna last month on the sidelines of the OPEC meeting, ...
In 2012, 947,600 passengers used Erbil’s new International Airport, a 53% increase on the previous year, whilst cargo tonnage also increased dramatically, with a 54% increase to 27,849 tonnes per annum. The 2012 passenger count ...
Tags: Erbil, International Airport, 2012
Genel Energy has announced that closing has taken place on its acquisition of the remaining 49 per cent participating interest in the Miran exploration block in the Kurdistan Region of Iraq. On 12 November 2012, Genel Energy announced ...
Tags: Genel Energy, acquisition, Miran exploration