Friday 22 August 2014
 
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Kurdistan

Iraqi Kurdistan oil pipeline export capacity to double

The capacity of Iraqi Kurdistan's independent oil pipeline will almost double to at least 200,000 barrels per day by the end of this month, helping the semi-autonomous region increase exports and revenue, industry sources and officials said.

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Oil output remains unaffected say Iraq Kurds

Oil production from Iraqi Kurdistan remains unaffected despite an incursion by Islamic State militants along the autonomous region's border, its Ministry of Natural Resources said in a statement on Saturday. The US launched ai

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Dana Gas Q2 net profit jumps 70pc

Dana Gas, the United Arab Emirates energy firm, said on Wednesday that its second-quarter net profit jumped 70 percent as production across the group rose. Dana made a net profit of 169 million dirhams ($46.0 million), the company

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For tankers with Kurdish crude, end-game still in doubt

After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good. Seemingly unable to find enough buyers willing to take a risk on million-barrel c

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Baghdad seeks to settle oil row in Iraq

Baghdad wants to settle a high-stakes dispute over $100 million worth of Kurdish crude oil in Iraq's courts, although the oil is sitting in a tanker off the coast of Texas, a US court filing has said. Iraq's central govern

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Cannot seize Kurdish crude for now: US court

A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a  US judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be s

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Iraqi Kurds start to pump oil from Kirkuk

Iraq's autonomous Kurdish region has begun to pump oil from Kirkuk fields previously controlled by Iraq's central government into the pipeline system that runs in its own territory, a senior Iraqi oil official said on Thursday.

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Gulf Keystone founder stands down

The founder of Kurdistan-focused oil company Gulf Keystone, Todd Kozel, has stepped down from the its board, the company said at its annual general meeting on Thursday, giving in to shareholder pressure. Gulf Keystone also announc

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Iraq Kurds reject Dana Gas view on payments

Iraq's autonomous Kurdish region has rejected a statement by UAE's Dana Gas that a London tribunal had awarded the company the right to receive some outstanding payments from the Kurdish government. Dana Gas, one of the la

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Dana Gas wins payments from Kurdistan

Dana Gas, one of the largest oil and gas investors in Iraq's semi-autonomous Kurdish region, said on Sunday that an arbitration tribunal had awarded it the right to receive some outstanding payments from the Kurdish government.

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