The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. GE Vernova has announced plans to install its new AGP XPAND upgrade at the 1,250 MW Bazyan [Bazian] Power Plant in Iraqi Kurdistan, operated by Taurus Energy [Taurus Arm], part of the Onex Group. The announcement was made at a ceremony in Sulaymaniyah, attended by H.E. Qubad Talabani, Deputy Prime Minister of […]
By John Lee. Representatives of the Association of the Petroleum Industry of Kurdistan (APIKUR) and other international oil companies met with Iraqi and Kurdish officials on 20th April to discuss restarting oil exports via the Iraq-Türkiye Pipeline, but according to a statement from APIKUR on Sunday, no agreement was reached. The trade body said its […]
By John Lee. KRG Prime Minister Masrour Barzani has welcomed Irfan Siddiq, the newly appointed British Ambassador to Iraq. PM Barzani congratulated Ambassador Siddiq on his new post and reaffirmed the Kurdistan Regional Government's commitment to strengthening ties with the United Kingdom. The Ambassador praised the Kurdistan Region's progress and confirmed Britain's readiness to expand […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, has provided an update on production, sales volumes and other selected information for the quarter. Regarding its operations in Iraqi Kurdistan, the company said: "DNO's share of crude oil from the Tawke license during the quarter has been sold to local buyers as the […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tripartite Energy Meeting Collapses Before Takeoff According to a source from Iraq's Oil Ministry, the Iraqi side informed participants of the decision just hours before the meeting was due to begin, offering no new […]
By John Lee. A formal signing ceremony has been held in Dubai to mark the launch of a partnership between France's TotalEnergies and Erbil-based Cihan Group, which has now become the authorised supplier of the company's motor oils and lubricants in the Kurdistan Region of Iraq. According to a statement from Cihan, the agreement aims […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi lawmakers vote to recognize new governorate Iraq's Council of Representatives has voted to make Halabja the country's 19th governorate. The full article can be viewed here.
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Industrial Coordination Council on Sunday to discuss strategies for advancing Iraq's national industry and to follow up on decisions from previous meetings. The discussion included key measures to address obstacles and improve coordination between the federal government and the Kurdistan Regional Government […]
By John Lee. HKN Energy, a US-based oil and energy company, held discussions today with Iraqi Prime Minister Mohammed S. Al-Sudani, as part of efforts to deepen its cooperation in Iraq's energy sector. During the meeting, Prime Minister Al-Sudani reaffirmed the government's commitment to fostering investment-friendly conditions and highlighted the facilitation measures designed to attract […]
By John Lee. According to Amnesty International, Iraq witnessed a significant increase in executions in 2024, with at least 63 known executions, up from 16 in 2023 -- the highest number recorded since 2019. All executions involved individuals convicted of terrorism-related offences, amid ongoing concerns about violations of fair trial rights and reports of torture […]
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. Genel Energy plc has announced that its subsidiary, Genel Energy Miran Bina Bawi Limited (GEMBBL), has been ordered by the London Court of International Arbitration (LCIA) to pay the Kurdistan Regional Government (KRG) a total of $26.87 million in recoverable costs. The ruling follows a claim brought by the KRG in December […]
