The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Genel Energy has announced that drilling operations on the QD-2 well at Qara Dagh (40% working interest and operator) have been suspended. As previously stated, the well had been side-tracked in response to encountering more complex geology above the target reservoir than expected. Two further side-tracks have been initiated, but the licence partners have now […]
Ministry of Planning, UNFPA launch results of the second Iraq Women Integrated Social and Health Survey The Ministry of Planning, the Central Statistical Organization and UNFPA have launched the results of the second Iraq Women Integrated Social and Health (IWISH) survey, conducted in collaboration with the Ministry of Planning at the Kurdistan Regional Government - […]
Gulf Keystone has provided an operational and corporate update: Jon Harris, Gulf Keystone's Chief Executive Officer, said: "We are pleased to announce that we have submitted a draft Field Development Plan to the Ministry of Natural Resources. While the timing of FDP approval is uncertain given the scale of the project, this is an important […]
By John Lee. The Kurdistan Regional Government (KRG) has responded to the statement on Friday by Genel Energy regarding the production-sharing contracts (PSCs) at Bina Bawi and Miran. The KRG strongly denies that it is in repudiatory breach of the PSCs, and denies that Genel is entitled to any compensation. It adds that it will […]
Shares in Genel Energy opened down more than five percent on Friday morning, before recovering some ground, after the company said it will claim compensation from the Kurdistan Regional Government (KRG). It says the claims, which relate to KRG's intention to terminate the Bina Bawi and Miran production sharing contracts (PSCs) are "substantial", and will […]
Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q1 and Q2 of 2021 The KRG has published the reports containing verified statistics covering the Kurdistan Region's oil exports, consumption and revenues for covering period 1 January 2021 to 30 June 2021. During the first half of 2021, the KRG exported […]
The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, met ten entrepreneurs on Tuesday; the entrepreneurs are building schools in Erbil province. Prime Minister Barzani thanked them for their investment and praised the role of the private sector in the Kurdistan Region. The Premier highlighted the importance of education to the ninth cabinet, […]
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A New Chance at Kingmaking for Iraqi Kurds With militias on the back foot, the United States should lean on Kurdish and Iraqi leaders to […]
The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, on Saturday met Baroness Emma Nicholson, President of the Iraq Britain Business Council (IBBC). Prime Minister Barzani highlighted the reforms of the ninth cabinet, its bid to diversify the economy and crucially to make the Kurdistan Region a focal point for business. Baroness Nicholson […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraqi Kurds are seeking refuge in Europe The heartbreaking drama of thousands of migrants, many of them Iraqi Kurds, stranded along the Belarusian border with Poland, where they encounter dire conditions in […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fertilizer price hikes affecting Kurdistan Region wheat production: farmers An increase in fertilizer prices has affected wheat production in the Kurdistan Region, farmers told Rudaw on Wednesday. This comes a month after the government […]
More than 400 stranded migrants from Belarus-Poland border brought back to Kurdistan Region A rescue flight from Belarus is set to land at Erbil after 7:00 pm today, returning more than 400 migrants who had been stranded on the Belarus-Poland border. Over 20,000 people attempting to enter Europe through Belarus have been stuck for over […]
