Pair pull out of Kurdistan block
Hungarian oil firm MOL and UK’s Gulf Keystone Petroleum have both relinquished the Akri-Bijeel block in the Kurdistan Region of Iraq.
KRG commits to paying IOCs
Kurdistan Regional Government (KRG) has reaffirmed its intention to pay the region’s exporting international oil companies (IOCs) to sustain production and revenue levels.
DNO to resume investment in Kurdistan
DNO currently accounts for around 60 per cent of export volumes of crude leaving Kurdistan. The region's new payment structure has convinced DNO to proceed with its involvement in the semi autonomous region.
Kurdistan could export its oil via Iran
Sources confirmed that the initial plan would be to pump around 250,000 bpd from Erbil to Iran. Any potential deal could also see Kurdistan exporting gas to Iran.
The refining boom in Kurdistan
The Kurdistan region of Iraq is experiencing a reﬁning boom and Qaiwan Group, an Iraqi Kurdish conglomerate is at the heart of this growth at its Bazian Reﬁnery. We speak to Fehmi Konyar, executive member of the Board of Qaiwan Group.
Dana Gas gets favourable ruling in Kurdistan case
Dana Gas revealed that it has received a favourable ruling in the latest stage of its arbitration court case against the Kurdistan Regional Government (KRG) over its rights for oilfields in the Kurdistan region of Iraq.
DNO finds oil in Kurdistan
Norway's DNO has found oil during its drilling programme of the Peshkabir field in the Kurdistan region of Iraq after the firm delayed initial drilling due to the low oil prices and lack of payments.