Tag Archives | Kurdistan News

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

DNO Guides 2020 Production and Spend

By John Lee. DNO ASA, the Norwegian oil and gas operator, today provided production and spend guidance for the balance of the year ahead of its Annual General Meeting on Wednesday. The Company reported that it has implemented the target 35 percent reductions across all spend categories to shrink its 2020 budget by USD 350 […]

Criticism in Iraqi Kurdistan over Unpaid Teacher Salaries

By Adam Lucente for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Criticism mounts in Iraqi Kurdistan over unpaid teacher salaries Ferhat is an English teacher at a public school in Erbil, the capital of Iraq's autonomous Kurdistan Region. His salary comes from the Kurdistan Regional Government […]

KRG "to Privatise Electricity Sector"

By John Lee. Kurdistan's Council of Ministers has reportedly approved a proposal from the KRG's Ministry of Electricity to privatize the Region's electricity sector. Ministry official Mohammed Ahmed told Rudaw on Wednesday: "The government and the people will both benefit from it as it will help reduce a significant amount of stolen electricity." More here. […]

KRG PM Barzani calls for Constitutional Solution

Prime Minister Barzani chairs cabinet meeting, calls for constitutional solution to problems with Baghdad Prime Minister Masrour Barzani chaired a cabinet meeting in Erbil on Wednesday to discuss economic conditions in the Kurdistan Region and outstanding problems with the federal government. In the meeting, which was also attended by Deputy Prime Minister Qubad Talabani, the […]

Decentralization push sparks Fears of Division in Kurdistan

By Mahmut Bozarslan for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Decentralization push sparks fears of division in Iraqi Kurdistan Is the Kurds' unity in danger in Iraqi Kurdistan, the autonomous region they managed to build after decades of grueling struggle? Fears of […]

Peshmerga pushes for Joint Security Talks with Baghdad

By Jared Szuba for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Peshmerga Ministry pushes for joint security talks with Baghdad The Peshmerga Ministry of Iraq's Kurdistan Region said it will send a delegation to Baghdad to discuss security cooperation and the […]

Genel Energy "Robust Financial Position"

Genel Energy has issued the following trading and operations update ahead of the Company's Annual General Meeting ('AGM'), which is being held today. The information contained herein has not been audited and may be subject to further review. Bill Higgs (pictured), Chief Executive of Genel, said: "Despite the impact of COVID-19 creating a challenging environment […]

DNO Completes Baeshiqa Testing, Prepares to Spud Next Well

DNO ASA, the Norwegian oil and gas operator, has announced completion of testing and appraisal of the Baeshiqa-2 exploration well in the Kurdistan Region of Iraq and the imminent spud of an exploration well on a separate prospect, Zartik, located 15 kilometers southeast on the same license. The testing has proven oil and gas in […]

Iraq Cuts Federal Budget from KRG

By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq cuts federal budget from KRG, Kurds defy it as political Adel Abdul Mahdi's Iraqi caretaker government in Baghdad April 16 has ordered its Finance Ministry in an official document […]

KRG nets $4.5bn Oil Revenues for 2019

The KRG's Regional Council of Oil and Gas Affairs has published a report containing verified statistics covering the Kurdistan Region's oil exports, consumption and revenues for 2019. The report, available in Kurdish, English and Arabic, provides a quarterly analysis of oil export information and average prices, together with a consolidated annual overview. The data verification […]

Negotiations Continue on Bina Bawi Oilfield

By John Lee. Shares in Genel Energy plc were trading lower in Friday after the company said negotiations were continuing regarding the Bina Bawi field in Iraqi Kurdistan. In a statement, the company said: "Extensive documentation was received in mid-April from the Kurdistan Regional Government ('KRG') following the commercial understanding reached in September 2019. The […]