Bill to amend Iraqi budget Article relating to Kurdistan’s oil on parliament’s agenda

A bill currently on the Iraqi parliament's agenda calls for reassessing the cost of oil production and transportation in the Kurdistan Region, which could pave the way for the resumption of Kurdish oil exports almost 20 months after they were halted

Nov. 24, 2024

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Hopes to resume Kurdish oil exports rise as authorities, IOCs agree on fiscal terms

Kurdish oil exports could resume in the upcoming months as authorities in Baghdad and Erbil seem to have finally agreed on terms that would satisfy the international oil producers

Nov. 18, 2024

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Potential energy war threatens global oil supply amid Middle East tensions

Rising tensions between Israel, Iran, and armed factions in Iraq are fueling concerns of a potential energy war that could disrupt global oil supplies.

Oct. 10, 2024

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Iraq authorizes oil shipments to embattled Lebanon

Iraq authorizes loading and delivery of a fuel tanker to Leabnon amid a severe energy crisis.

Jul. 11, 2024

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Gulf Keystone reports local sales, plans amid Kurdistan Region export suspension

Gulf Keystone has made significant progress over the past year in adapting to new operating environment caused by Kurdistan Region’s halted exports.

Jun. 21, 2024

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Iraq, China trade volume exceeds $50 billion in two years

Iraq and China's trade relations have surpassed $50 billion over two years, with significant collaborations in oil, gas, and renewable energy sectors.

May. 28, 2024

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Iraq’s Northern Refineries Company to increase output

The Iraqi Northern Refineries Company is undergoing significant expansion plans to increase refining capabilities.

May. 22, 2024

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Iraq hopes oil reserves will exceed 160 bn barrels: minister

Iraq plans to increase its crude reserves to over 160 billion barrels through new licensing rounds covering 29 oil and gas fields.

May. 12, 2024

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US seeks to resolve Baghdad-Erbil disputes, expel Iran from Iraq

Iraqi Prime Minister al-Sudani's upcoming US visit aims to address economic and security concerns, including the currency exchange rate and cooperation with American firms, amid conflicting views on the withdrawal of the global coalition and the ongoing ISIS threat.

Apr. 12, 2024

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