By John Lee. Genel Energy has issued a presentation relating to its half-year results to the end of June. Click here to download. (Source: Genel Energy)
Genel Energy presentation on Results to the end-June
Tag Archives | Kirkuk Ceyhan pipeline
Tags: Bina Bawi, Ceyhan, featured, Genel Energy, Iraq Oil Exports News, Iraq Oil Production News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, Miran, Sarta, Tawke, Turkey, Turkiye
Pipeline Closure causes steep Revenue Fall at Genel Energy
By John Lee. Revenues at Genel Energy have, as expected, fallen sharply as a result of the closure of the Iraq-Turkey Pipeline (ITP) which brings oil from Northern Iraq to Turkiye's port of Ceyhan. In its unaudited results for the period ended 30 June 2023, Paul Weir, Chief Executive of Genel, said: "The closure of […]
Tags: Bina Bawi, Ceyhan, featured, Genel Energy, Iraq Oil Exports News, Iraq Oil Production News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, Miran, Sarta, Tawke, Turkey, Turkiye
Kurdistan IOCs push for Reopening of Oil Pipeline
By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has said that spending on the oil industry in Iraqi Kurdistan has been cut by $400 million as a result of the closure of the Iraq-Turkey pipeline (ITP). Full statement from APIKUR: The Association of the Petroleum Industry of Kurdistan (APIKUR) notes that […]
Tags: Association of the Petroleum Industry of Kurdistan (APIKUR), Ceyhan, DNO, featured, Genel Energy, GKP, Gulf Keystone Petroleum (GKP)#, HKN Energy, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, Kurdistan News, mn, oil contracts, ShaMaran Petroleum, Turkey
ShaMaran reduces Capex, Engages with Bondholders
By John Lee. Canadian oil development and exploration company ShaMaran Petroleum has announced that all non-essential capital expenditures in the Atrush block (pictured) have been cancelled or postponed, while it engages with bondholders to seek additional balance-sheet flexibility. The company's operations remain heavily impacted by the continued closure of the Iraq-Turkey pipeline (ITP), connecting Iraq's […]
Tags: Atrush, Ceyhan, featured, HKN, HKN Energy, Iraq Oil Production News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, Kurdistan News, mn, Sarsang, ShaMaran Petroleum, Turkey
Will Turkey resume Oil Shipments from Northern Iraq?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Will Turkey agree to resume oil shipments from northern Iraq? The transfer of crude oil from Iraq to Turkey remains suspended, almost four months after an arbitration ruling found that Ankara […]
Tags: Ceyhan, Erdogan, featured, Iraq Oil Exports News, Kirkuk Ceyhan pipeline, KRG, Kurdistan News, Recep Erdogan, Turkey
How Iraq's New Budget affects Oil Arrangement with KRI
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq's new budget affects oil arrangement with Kurdistan region The success of Iraq's largest-ever budget is partially dependent on oil prices, and follows the federal government asserting more […]
Tags: featured, Iraq Budget News, Iraq Oil Exports News, Iraq Oil Production News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, KRG, Kurdistan News, oil contracts
Erdogan, Barzani meet as Oil Exports via Turkey remain Frozen
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Erdogan, Barzani meet in Ankara as Iraqi oil exports via Turkey remain frozen Prime Minister Masrour Barzani of the Kurdistan Region of Iraq met with Turkish President Recep Tayyip […]
Tags: Ceyhan, featured, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, Turkey
KRG PM Barzani meets with President Erdogan
On Tuesday, June 20, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) met with President Recep Tayyip Erdogan of the Republic of Türkiye in Ankara. At the start of the meeting, Prime Minister Barzani extended his congratulations to President Erdogan on his victory in the recent elections and conveyed his sincere hopes […]
Tags: Ceyhan, featured, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, KRG, Kurdistan News, mn, Recep Erdogan, Turkey, Turkiye
Iraq-Turkey Pipeline Award: Summary and Analysis
By Zaid Al-Ali and Ahmed Tabaqchali, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Commentary: Iraq v Turkey International Chamber of Commerce Final Award (13 February 2023) On 23 May 2014, the Republic of Iraq ("Iraq") commenced arbitral proceedings against […]
Tags: Arbitration, Botas, featured, International Court of Arbitration, Iraq Crude Oil Export, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kirkuk, Kirkuk Ceyhan pipeline, Kurdistan News, oil contracts, State Oil Marketing Organization (SOMO), Turkey, Turkiye
GKP cancels Divi, Names New Chair of Board
Gulf Keystone Petroleum (GKP) provided an update on operational and corporate activity and the Company's upcoming 2023 Annual General Meeting ("AGM") on Monaday: Operational & Corporate Update Following the shut-in of the Iraq-Turkey pipeline on 25 March 2023, production from the Shaikan Field remains shut-in. The suspension of exports has resulted in a gross production […]
Tags: featured, Gulf Keystone Petroleum, Gulf Keystone Petroleum (GKP)#, Iraq Oil Exports News, Iraq Oil Production News, Kirkuk Ceyhan pipeline, KRG, Kurdistan News, Lansdowne Partners, oil revenues, Shaikan, ShaMaran Petroleum, State Oil Marketing Organization (SOMO)
Turkey "wants Guarantees from Baghdad" before KRG Exports Resume
By Amberin Zaman, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq expert Bilal Wahab says Turkey wants guarantees from Baghdad before allowing Kurdish oil exports to resume. Click here to hear the full interview.
Tags: Ceyhan, feaetured, featured, Iran, Iraq Oil Exports News, Iraq-Turkey Pipeline (ITP), Kirkuk Ceyhan pipeline, KRG, Kurdistan News, oil contracts, Turkey, Washington Institute for Near East Policy
US Welcomes Developments in Iraq's Energy Sector
Statement from US National Security Advisor Jake Sullivan Welcoming Developments in Iraq's Energy Sector We welcome significant progress in Iraq this week with respect to energy deals that further strengthen Iraq's sovereignty, independence, and economic prosperity. First, the Government of Iraq and the Kurdistan Regional Government reached a historic agreement on the export of oil […]