Tag Archives | Kurdistan News

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

KRG comments on Genel Energy Arbitration Case

By John Lee. The Kurdistan Regional Government (KRG) has issued a statement following its arbitration win in a dispute with Genel Energy. Genel announced last week that a British court had dismissed its claim for damages from KRG for loss of Genel's rights to develop the Bina Bawi and Miran fields in Iraqi Kurdistan. According […]

New Direct Flights between Athens and Erbil

By John Lee. Greece's Aegean Airlines has announced a new direct route between Athens Airport to Erbil International Airport in Iraqi Kurdistan. Flights will commence on 23rd February and operate twice a week, every Wednesday and Sunday. (Source: Aegean Airlines)

Iraq Parliament Ends Year with No Kurdistan Oil Deal

By Charles Kennedy for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Parliament Ends Year With No Kurdistan Oil Deal The Iraqi parliament ended this year's session without finalizing a deal with the semi-autonomous region of Kurdistan for the exports of crude […]

Iraq's Newfound Stability is about to be Tested

By Renad Mansour, for World Politics Review. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Newfound Stability Is About to Be Tested Amid the fighting that continues to grip much of the Middle East, Iraq-a country that for decades was at the […]

Genel Energy Loses Iraq Arbitration Case

By John Lee. Genel Energy has announced that a British court has dismissed its claim for damages from the Kurdistan Regional Government (KRG) for loss of Genel's rights to develop the Bina Bawi and Miran fields in Iraqi Kurdistan. In a statement made after the close of trading in London on Monday, the company said […]

US Business Delegation visits Kurdistan Region

By John Lee. KRG Prime Minister Masrour Barzani recently received a delegation from the United States-Kurdistan Business Council (USKBC), led by its President, David Tafuri. The KRG said in a statement: "David Tafuri congratulated the Kurdistan Region for holding a successful and democratic parliamentary elections last month. He reiterated the USKBC mission to support and […]

Sunni MPs stall new Iraqi Law on Ba'ath-era Land Transfers

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sunni MPs stall new Iraqi law on Ba'ath-era land transfers Iraq's parliament has once again delayed a vote on a proposed property restitution law that has sparked contention. First introduced in April, the […]

Baghdad Discusses Resuming Oil Exports from Iraqi Kurdistan

By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, has met with members of the Parliamentary Finance Committee, led by Chairman Atwan Al-Atwani, to discuss resuming oil exports from the Kurdistan region via the Iraq-Turkey Pipeline (ITP) and the Turkish port of Ceyhan. The meeting focused on strengthening cooperation between the Ministry of Oil and […]

Genel Energy shares rise on Strong Balance Sheet

By John Lee. Shares in Genel Energy closed up over 6 percent on Tuesday, after the company said it, "continued optimising cash flows, evolving our capital structure and originating and maturing opportunities to acquire new assets that add reserves and diversify our cash generation geographically." In its trading and operations update for the third quarter […]

Digital Job Portal Launched in the Kurdistan Region

On 10 November 2024, the Kurdistan Regional Government's (KRG) Ministry of Labour and Social Affairs, in partnership with the International Labour Organisation (ILO), and with funding from the European Union, launched the Digital Employment Platform. This initiative aims to boost employment opportunities and increase job market participation in the Kurdistan Region by streamlining job applications […]

Khor Mor Gas Expansion Project set to Restart Imminently

By John Lee. UAE-based Dana Gas has announced its financial results covering nine months to 30th September 2024. Regarding the company's operations in the Kurdistan Region of Iraq, it said: "Dana Gas and Pearl Petroleum (Pearl) are fully committed to safely and efficiently resuming the KM250 project. Following the termination of the previous EPC contract, […]