Thursday 30 October 2014
 
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Kurdistan

US says working with Iraqi Kurdistan to stop Islamic State oil smuggling

The US is working closely with the Iraqi Kurdistan Regional Government to clamp down on oil smuggling in a bid to cut off a key source of funding for Islamic State, a senior US official said.   Islamic State mili

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Hungary firm to build new oilfield in Iraq

The Kurdistan Regional Government in Iraq has approved a major new oil field development majority-owned by Hungary's MOL, the company said on Thursday. The minister of natural resources has given the green light for the field

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Hungary firm to build new oilfield in Iraq

The Kurdistan Regional Government in Iraq has approved a major new oil field development majority-owned by Hungary's MOL, the company said on Thursday. The minister of natural resources has given the green light for the field

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Iraqi Kurdistan's oil pipeline capacity to double

Iraqi Kurdistan plans to increase the capacity of its oil pipeline via Turkey to 700,000 barrels per day (bpd) following upgrade work, industry sources and officials said.   It will raise the flow to 400,000 bpd

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DNO increases Kurd oil exports to Turkey

Norwegian oil firm DNO International said it increased its crude oil exports from Iraq's Kurdistan region to Turkey and expects more export capacity in place by year-end even as key contractors quit.  

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Afren expects operations at Barda Rash oilfield to resume

Oil and gas producer Afren said it expected drilling and production at its Barda Rash field in Kurdistan to be fully resumed by end-October as the security situation had improved at the border of Iraqi Kurdistan.  

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Gulf Keystone returns all staff to Kurdistan

Oil producer Gulf Keystone Petroleum has returned all staff to its operations in Iraqi Kurdistan after evacuating international contractors from the region due to escalating violence in August.   Production at th

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Iraqi Kurds ship 13.7m barrels of oil since May; earn $1.3bn

Iraqi Kurdistan has shipped a total of nineteen tankers carrying 13.7 million barrels of crude oil since May via a pipeline to Turkey's Mediterranean port of Ceyhan, a Turkish energy official told Reuters.  

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Oil Search expects to resume drilling in Iraqi Kurdistan

Oil Search expects to resume drilling work in the Taza field in Iraqi Kurdistan in three to four weeks when the situation stabilises, a senior company official said.   "Right now, activity has been impacted

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Iraqi Kurdistan oil heads to Asia; region in talks with China

At least 3 million barrels of Iraqi Kurdish oil are on ships heading to Asia, with trade sources naming China as a possible destination as the autonomous region expands efforts to establish independent oil sales in defiance of Baghdad.

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