By John Lee. Gulf Keystone Petroleum (GKP) has given an update this morning on its operations at Shaikan, its key producing asset. Shares in the company are up more than 70 percent from their low in October. The Company is on track to complete all remaining work in order to achieve 40,000 gross barrels of […]
By John Lee. Genel Energy has issued the following trading update and preview ahead of a capital markets day presentation for analysts and investors in London commencing at 14:00 GMT. The presentation materials will be published at 12:00 GMT on www.genelenergy.com with the event broadcast live on the website, and available for download shortly afterwards. […]
Kurdistan Region Prime Minister Nechirvan Barzani and Deputy Prime Minister Qubad Talabani talked to the press following yesterday’s Parliament session hosting the Kurdistan Region Oil and Gas Council. Prime Minister Barzani said the Region would not hand oil control to the Iraqi State Oil Marketing Organisation, SOMO. He noted the federal government cannot export oil […]
In a meeting in London on Friday with the Kurdistan Region’s Chancellor of the Security Council, Masrour Barzani, British Defence Secretary Michael Fallon said, UK is planning to provide more advanced weaponry at the nearest opportunity to the Peshmarga forces. He stressed that there is no political limit in supporting the Peshmerga, adding that the […]
A Kurdistan Regional Government committee visited Europe last week to campaign for international recognition of ISIS’s crimes against religious and ethnic groups as acts of genocide. The KRG High Committee on International Recognition for ISIS’s crimes against different religious and ethnic groups in Shengal and other areas of Kurdistan made the week-long visit to raise […]
By John Lee. On a three-day visit to Turkey, Iraq’s foreign minister Ibrahim al-Jaafari has reportedly told his Turkish counterpart, Mevlut Cavusoglu, that oil affairs in Iraq, including Iraqi Kurdistan, come under the control of Baghdad. At a join press conference he said that they are trying to resolve the recent “mistakes” with Turkey, a […]
By John Lee. Reuters reports that Iraqi Kurdistan plans to increase the capacity of its oil pipeline to the Turkish port of Ceyhan to 700,000 bpd. Work to upgrade the line is expected to boost the flow from 280,000 bpd at present to 400,000 bpd by year-end, eventually reaching the design maximum of 700,000 bpd. A […]
By John Lee. Nechirvan Barzani (pictured), Iraqi Kurdistan's Prime Minister, has denied reports that Iraq’s State Oil Marketing Organization (SOMO) will open an office in Erbil. Kurdish MP, Dilshad Sha’ban, has also told BasNews: “After we heard reports of SOMO wants to open office in Kurdistan region, we followed on the report, and we found […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed 14 percent higher on Wednesday following the company's announcement that it is to reschedule its Interim Management Statement. The shares had been up as much as 30 percent in the afternoon, on expectations of positive news to follow. The company statement said: "As a result […]
Kurdistan Region President Masoud Barzani met with the commander of the United States Central Command General Lloyd Austin and the US Ambassador to Iraq Mr. Stuart Jones in Erbil on Tuesday. The President and the US general discussed the military campaign currently underway against the ISIS terrorists and the military support of the US to […]
Chinese Consul General Tan Banglin this week visited the KRG Department of Foreign Relations to present his credentials as his country’s first diplomat posted to Kurdistan, and to discuss areas of cooperation between both sides. Minister Falah Mustafa warmly welcomed Consul General Banglin and congratulated him on his new post, assuring him of the KRG’s […]
Prime Minister Nechirvan Barzani today received Ivan Šimonović, the United Nations Assistant Secretary-General for Human Rights, and his accompanying delegation. The delegation said that compared to their previous visit back in 2011, they noticed sound improvements made by the Kurdistan Region in the areas of diplomacy, foreign relations, infrastructure, a free press, freedom of speech, […]
