When the Iraqi army and Iranian-backed Shi‘ite militia entered a key oil processing facility in Iraq’s north to retake it from Kurdish Peshmerga forces last week, the installation was deserted Continue Reading
The Kurdistan Regional Government (KRG) has offered to “freeze the results” of its Sept. 25 independence referendum – the first formal proposal since the federal government 10 days ago reclaimed Continue Reading
The Kurdistan Regional Government has proposed to Baghdad an immediate ceasefire after more than a week of fighting following a decision by Baghdad to retake control of disputed Kirkuk and Continue Reading
With oil the source of regional disputes, the semiautonomous Kurdish government in northern Iraq said it was backing off its ambitions for independence. The Kurdistan Regional Government said in statements Continue Reading
Basra Gulf terminals increase loading capabilities ahead of plans to boost exports. Iraqi Deputy Oil Minister Karim Hattab inspects the Khor al-Amaya Oil Terminal on June 11, 2017. (Source: Iraq Continue Reading
Crude oil flows from Kurdistan to Turkey’s port city of Ceyhan continued at rates of between 200,000 and 250,000 bpd over the weekend, versus a normal flow of between 550,000 Continue Reading
Iraqi Oil Minister Jabar al-Luaibi met a senior BP executive on Monday to discuss developing and boosting production from Kirkuk oilfield, a ministry spokesman said. Luaibi, who met BP’s president Continue Reading
Russian Foreign Minister Sergei Lavrov said the Kremlin respects Iraq’s sovereignty. Bilateral talks Monday came after Baghdad issued veiled warnings over oil contracts. After Iraq issued veiled warnings about oil Continue Reading
Oil exports from Iraq’s Kurdistan via the Turkish Mediterranean port of Ceyhan have risen slightly to around 255,000 barrels per day (bpd), a shipping source told Reuters on Monday. Flows Continue Reading
Russia’s biggest oil company, Rosneft ( ROSN.MM ), has agreed to take control of Iraqi Kurdistan’s main oil pipeline, boosting its investment in the autonomous region to $3.5 billion despite Continue Reading
