Tag Archives | oil revenues

Oil, Budgets, Kirkuk still nag Baghdad-Erbil Relations

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.   Oil, budgets, Kirkuk still nag Baghdad-Erbil relations Meetings last month between representatives of Iraq’s federal government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil failed to produce […]

Genel Energy declares maiden Interim Dividend

Genel Energy has announced its unaudited results for the six months ended 30 June 2019. Bill Higgs (pictured), Chief Executive of Genel, said: “These results demonstrate the continued success of our strategy -highly cash generative productionunderpins capital investment in growth opportunities that deliver rapid returns and enables a compelling cash return to shareholders through our […]

Nechirvan Barzani in Baghdad to discuss Oil

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  President Nechirvan Barzani of the Kurdistan Regional Government (KRG) left Erbil for the first time since taking office and headed to the Iraqi capital on June 20 to discuss several outstanding […]

$122m BP payment to Iraq in 2018

By John Lee. Oil giant BP has just published details of its transactions with the Government of Iraq in 2018 in respect of the Rumaila oilfield, as part of its Report on Payments to Governments 2018. Click on image below to see in more detail: (Source: BP)

Deloitte Report on Kurdistan Oil and Gas (Q4 2018)

Today, the KRG’s Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 October 2018 to 31 December 2018, after a review of the sector by the international “Big 4” audit and consulting firm, Deloitte. The Regional Council for […]

$2.2bn Shell payment to Iraq

By John Lee. Oil giant Shell has just published details of its transactions with the Government of Iraq in 2018 in respect of the Majnoon oilfield, as part of its Report on Payments to Governments 2018. Click on image below to see in more detail: (Source: Shell)

Deloitte Report on Kurdistan Oil and Gas

Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region – Q3 of 2018 On Wednesday, the KRG Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 July 2018 to 30 September 2018, after a review […]

Oil Ministry Finalises Export Figures for November

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for November of 101,313,958 barrels, giving an average for the month of 3.377 million barrels per day (bpd), a decrease from the 3.478 bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 100,895,342 barrels, while exports from […]

Deloitte report on Kurdistan Oil and Gas – Q2, 2018

Fourth Deloitte report on Oil and Gas Review in the Kurdistan Region, Iraq – Q2 of 2018 Today, Regional Council for Oil and Gas Affairs has published new verified data on the Kurdistan Region’s oil exports, consumption and revenues, covering the period from 1 April 2018 to 30 June 2018, after a review of the […]

Oil Exports Revenues Fall in November

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for November of 101,156,808 barrels, giving an average for the month of 3.372 million barrels per day (bpd), a decrease from the 3.478 bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 100,895,342 barrels, while exports by […]

Oil Ministry Finalises Export Figures for October

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for October of 107,821,261 barrels, giving an average for the month of 3.478 million barrels per day (bpd), a slight decrease from the 3.560 bpd exported in September. These exports from the oilfields in central and southern Iraq amounted to 107,530,008 barrels, giving $7.898 […]

Oil Exports Revenues Rise in October

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for October of 107,530,008 barrels, giving an average for the month of 3.469 million barrels per day (bpd), a slight decrease from the 3.560 bpd exported in September. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. […]