Tag Archives | KRG

Federal Forces in Control of Large Areas of Kirkuk City

Federal forces in control of large areas of Kirkuk city; further Kurdish withdrawals in Nineveh/Diyala Over the course of October 16, Iraqi federal forces advanced into many parts of Kirkuk city and adjacent military and energy facilities. The Counter-Terrorism Service (CTS), supported by the Iraqi Army and Federal Police took control of the K1 military […]

Coalition Monitors Military Movements Near Kirkuk

Coalition military officials are monitoring military movements near Kirkuk, Iraq, following reports of an incident, Pentagon Director of Press Operations Army Col. Rob Manning told reporters today. “The coalition is monitoring movements of military vehicles and personnel in the vicinity of Kirkuk, he said. “These movements of military vehicles so far have been coordinated movements, […]

DNO: First Payment under Kurdistan Receivables Settlement

DNO ASA, the Norwegian oil and gas operator, today reported the first payment from the Kurdistan Regional Government under the recently concluded agreement covering outstanding receivables for past crude oil deliveries. Under the agreement effective 1 August 2017, the Company was assigned the Government's 20 percent interest in the Tawke license as well as three […]

Federal Forces Advance on Kirkuk City

Iraqi Security Forces (ISF), Counterterrorism Services (CTS), Federal Police (FP), and Popular Mobilization Units (PMU) launched a combined offensive with intent to seize the K1 military base, Kirkuk airport, and Kirkuk's oilfields at around 0200hrs (local) on October 16. The offensive followed two days of failed negotiations after the government of Iraq demanded Kurdish forces […]

OMV Pockets $107m from KRG Settlement

By John Lee. Austria's OMV has said its third-quarter clean operating result "was positively impacted" by about 90 million euro ($107 million) following a settlement over a dispute relating to the Khor Mor and Chemchemal fields in Iraqi Kurdistan. On August 30, 2017, the Kurdistan Regional Government (KRG) and Dana Gas , Crescent Petroleum and […]

KRG Makes Payments for July Oil Exports

Genel Energy has announced that the Taq Taq field partners have received a gross payment of $10.39 million from the Kurdistan Regional Government for oil sales during July 2017. Genel's net share of the payment is $5.71 million. Gross oil sales from the Taq Taq field in July 2017 averaged 14,873 bopd, including both exports […]

US stops paying Peshmerga amid Kurdish Independence Backlash

By Jack Detsch for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Pentagon stops paying peshmerga salaries amid Kurdish independence backlash The US government has stopped paying Kurdish peshmerga fighters’ salaries after a yearlong agreement expired over the summer, and there are no current plans […]

What Talabani's Death means for the Future of Iraq

By Cengiz Çandar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Probably no president was ever called "uncle" by his eminent counterparts and by the people on the street. Yet in every Middle East country where Kurds live, "mam" ("paternal uncle" in Kurdish) was the honorific title […]

KRG Protests Int'l Air Traffic Embargo

By John Lee. The Kurdistan Regional Government (KRG) has reportedly filed a complaint with the International Civil Aviation Organization (ICAO) following Baghdad's decision to close the region's airspace to international traffic. The closure came after Kurdish authorities refused to hand over control of the airports to the central government, following last week's referendum on Kurdish […]

Former Iraqi President Jalal Talabani Dies

Jalal Talabani who served as the president of Iraq between 2005 and 2014 and was the first Kurd to hold the post died at the age of 83 in a hospital in Germany on 3 October 2017. First appointed as the country's president during the Transitional Period in April 2005, he was re-elected twice, in […]

Iran Bans Oil Products Shipment to Iraqi Kurdistan

Iran’s Ministry of Roads and Urban Development warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice”. The decision is in line with Tehran’s series of measures in response to a referendum held in the semi-autonomous region on possible secession from Iraq which has drawn international criticism. “Given the […]