Tag Archives | Kurdistan News

The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.

SOMO starts Compensating IOCs for Outstanding Oil Payments

By John Lee. A first cargo of top-up barrels has been lifted following an allocation by the State Oil Marketing Organization (SOMO) to compensate Gulf Keystone Petroleum (GKP) and other international oil companies (IOCs) party to the tripartite interim export agreements. The barrels reconcile export sales during Q4 2025 to international prices and begin to […]

Russian Business Council "eyes Kurdistan as Gateway to Iraq"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Russian Business Council Eyes Kurdistan as Gateway to Iraqi Market The Kurdistan Region is a gateway to the wider Iraqi market for Russian companies seeking to expand their presence in the country, the executive […]

Iraqi Finance Ministry "Sets New Dinar Rate for Selected Projects"

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Finance Ministry Sets $100 at 150,000 Dinars in Budget Iraq has set $100 at 150,000 dinars for certain housing payments, but Kurdistan Region investors lack access to the same official-dollar mechanism. Click here […]

"Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back"

By Francesca Washtell, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back Iraq has restored its oil exports to 70 percent of pre-war volumes after it increased shuttling […]

Investors "weigh Iraq Risk as US Troops Prepare to Leave"

By Valentina Pasquali, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Investors weigh Iraq Risk as US Troops Prepare to Leave Gulf companies are concerned about the impending US military withdrawal from Iraq and possible security repercussions, […]

Iraq Courts Europe in Bid to Diversify Options

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Courts Europe in Bid to Diversify Options after Coalition Withdrawal Iraq is moving to forge bilateral security partnerships with Europe, with Prime Minister Ali Al-Zaidi's recent tour of France and Germany resulting […]

KAR Signs 25-Year Deal for Ajeel Field

By John Lee. KAR Electrical Power Production Trading FZE (KEPPT), a sister company of Erbil-based KAR Group, has signed a 25-year contract with the North Oil Company (NOC) for the development and operation of the Ajeel oil field. According to the Ministry of Oil, the contract aims to increase gas production at the field from […]

Can Iraq Really Replace Saudi as ME's Top Oil Producer?

By Alex Kimani, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Really Replace Saudi Arabia As The Middle East's Top Oil Producer? The global power of most Middle Eastern countries remains dependent on their oil and/or gas output, so it […]