By John Lee. The Kurdistan Regional Government (KRG) has published a new report titled "Job Creation and Workers' Rights in the Kurdistan Region". In its summary, the report emphasises: To date, 303,000 workers in the Kurdistan Region have been registered in the social security scheme. Notably, 225,000 of these registrations occurred within the last five […]
By John Lee. The first phase of the restoration of Charsteen Cave, a major archaeological and touristic site in the Kurdistan Region, has been completed. The work, costing approximately $1 million, was funded jointly by the European Union, UNESCO, the International Labour Organization (ILO), and the Kurdistan Regional Government. Located in Gali Duhok, south of […]
By John Lee. The Kurdistan Regional Government (KRG) has issued two new guides to investment in the Kurdistan Region of Iraq (KRI): Doing Business In Kurdistan Region: This guide has been prepared to provide an overview of the KRI, it's economy and way of life, and introduces the financial, legal, and tax issues that are […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, has nominated Dr. Kamal Atroshi to the post of Minister of Natural Resources, a position which includes responsibility for the oil and gas portfolio. A statement from KRG spokesperson Dr. Jotiar Adil said, "It is our hope that the Kurdistan Parliament […]
By Simon Kent. Norway's DNO ASA have launched a new drilling campaign at Tawke, Oilvoice reports. The field, currently producing 117,000 bpd and selling at an average price of $34 per barrel, earned DNO $16 million in profit in the second quarter. DNO Chief Executive Bijan Mossavar-Rahmani (pictured) noted that the profits would help underpin the current new investment. […]
By Patrick Schmidt. On Monday, August 11, Axeon Specialty Products announced that they would no longer accept any shipments of crude oil from the Kurdistan Regional Government (KRG). The tanker Minerva Joy arrived at a New Jersey port with the intention of delivering their cargo to Axeon; however, the tanker has not offloaded any of […]
