The Iraqi parliament is set to convene on Sunday to vote on an amendment to the budget law proposed by the federal government which could lead to the resumption of Kurdistan Region’s oil exports.
The prolonged shutdown of Kurdistan’s oil pipeline, coupled with a delayed parliamentary vote on production costs, has cost Iraq $25 billion in lost revenue, highlighting the high stakes of political ...
"We were all expecting the parliament to vote on a draft that was agreed to by all of us – the federal government, the Kurdistan Region, and the international oil companies," the premier said in an ...
Control over oil and gas has long been a source of tension between Baghdad and the Kurds, with Kirkuk - a region rich in hydrocarbons - at the centre of the dispute ...
It expects 2025 gross average production between 40,000 to 45,000 bopd if local market demand persists at current levels. The company also forecasts stable low costs with operating costs between USD50 ...