Saturday 19 April 2014
 
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Kurdistan

StanChart to open first branch in Kurdistan

Britain's Standard Chartered bank will open its first branch in Iraqi Kurdistan early next month, attracted by financing opportunities for large government infrastructure projects planned in the autonomous region. The bank is

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Baghdad, Kurdistan 'close to deal'

Iraqi Kurdistan and the central government in Baghdad are close to resolving a long-standing dispute over the sharing of oil revenues, said the president of Genel Energy, which operates in the region. The Kurdistan Regional Govern

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Taqa plans $1.2bn investment in Kurdistan oilfield

Abu Dhabi National Energy Company (Taqa) plans to invest about $1.2 billion developing the Atrush oil and gas block in the autonomous Kurdistan region, said its Iraq operations head. Taqa, which is majority owned by the government

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Iraq PM warns Kurds of funding cuts

Iraqi Prime Minister Nuri Al-Maliki threatened on Sunday to cut central government funding for Iraq's autonomous Kurdistan region if the Kurds pursued a drive to pipe oil exports to Turkey without Baghdad's approval. The K

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Iraqi Kurds export first heavy oil to global market

Iraq's Kurdish region has started exports of heavy crude to world markets, traders and industry sources said, a further step to wrestle more control of its lucrative oil sector from the central government in Baghdad. Trucked t

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Kurdish pipeline to Turkey to be operational soon

Crude oil test flows via Iraqi Kurdistan's new pipeline have reached Turkey's Mediterranean export hub of Ceyhan and the pipeline is expected to be operational soon, according to Turkey's Energy Minister Taner Yildiz.

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Iraq, Kurds close to deal on oil exports, revenue

Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new pipeline, a step towards resolving a long-running dispute over land and oil rights. Turkish Energy M

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Turkey backs off Kurdistan energy deals under pressure

Turkey and Iraqi Kurdistan have yet to completely finalize a package of energy deals, and Ankara will seek Baghdad's co-operation on the issue, the Turkish foreign ministry said on Saturday after sources said the contracts had been signed.

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Turkey, Kurdistan ink landmark energy contracts

Turkey and Iraqi Kurdistan signed a multi-billion-dollar energy package this week that will help transform the semi-autonomous region into an oil and gas powerhouse but infuriate a central Baghdad government wary of increasing Kurdish autonomy.

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Turkey, Iraqi Kurdistan in new pipeline deals

Iraqi Kurdistan has finalised a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the autonomous region's rich hydrocarbon reserves to world markets, sources involved in talks said on Wedn

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