Saturday 6 February 2016
 
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Kurdistan

Iraq's KRG to pay oil firms according to contracts

Iraq's Kurdistan region said on Monday it would pay international oil companies according to their contractual entitlements in 2016 in a bid to restore confidence and raise production.   The Kurdistan Regiona

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Offensive against IS in Mosul unlikely in 2016

A much anticipated campaign to recapture Iraq's northern city of Mosul from Islamic State is unlikely to happen this year, the Kurdistan region's deputy prime minister said, dampening hopes the militants could be driven from the country

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Kurdistan mulls sale of parts of Iraqi power sector

The autonomous Kurdistan Regional Government (KRG) in northern Iraq may sell parts of its electricity sector to raise funds to help plug a budget gap left by sinking oil prices, the region's Deputy Prime Minister Qubad Talabani told Reuters.

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Turkish tanks pound Kurdish militants

Turkish tanks on Tuesday pounded Kurdistan Workers' Party (PKK) targets in Cizre, a southeastern town at the heart of a military operation that the army said has killed 127 Kurdish militants in a week. Black smoke rose from bu

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Dana Gas eyes over $11bn Kurdistan damages

Dana Gas said it and two other companies still had claims against the Kurdistan Regional Government (KRG) estimated at more than $11 billion, mainly for what they argue to have been wrongful interference in their rights over two fields in the Ir

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Iraqi Kurdistan to make November payments to oil companies

Iraq's Kurdistan Regional Government (KRG) authorized the release of payments to oil exporting companies for November in line with payments made in the past two months, an official close to the minister of natural resources said.

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Kurdistan 'has huge claims against Dana Gas consortium'

The government of Iraq's Kurdistan region said it would continue to pursue huge financial claims against a consortium including Dana Gas, after the UAE company announced it had won an arbitration award in their long-running dispute.

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Dana Gas wins $1.98bn Kurdistan payout

A London court, ruling in a dispute that dragged on for six years, has ordered the Kurdistan Regional Government (KRG) in Iraq to pay $1.98 billion to a consortium including Dana Gas of the UAE, Dana said on Sunday. A tribunal of

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Iraqi Kurdistan pays Gulf Keystone, pleasing producers

Gulf Keystone Petroleum has said it had been paid for oil exports by the government of Iraqi Kurdistan, a sign it is serious about making regular payments to producers after months of debt building up.   Gulf Key

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Oil exports from north Iraq rise to 600,463 bpd in September

Oil exports from northern Iraq rose in September to an average of 600,463 barrels per day (bpd), the Kurdistan region's ministry of natural resources said.   That represents an increase of around 127,000 bpd

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