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Genel receives monthly oil payment from Iraqi KurdistanGenel Energy, an oil producer in Iraqi Kurdistan, has received a gross $16.5 million monthly payment from the Kurdistan Regional Government (KRG) for its share of oil exports from the Taq Taq field, the company said on Monday. The More… |
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Genel Energy plans joint gas company in Iraqi KurdistanGenel Energy, a main oil producer in Iraqi Kurdistan, plans to establish a joint company with the Iraqi Kurdish government to develop gas fields, its chairman said on Friday. Tony Hayward also said at a confere More… |
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Genel owed $233m for Iraqi Kurdistan exportsGenel Energy, one of the main oil producers in Iraqi Kurdistan, said it is still owed $233 million for oil it sold to the Kurdistan Regional Government (KRG) but is hopeful stable payments will start this year. The oil producer re More… |
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Oil producers in Iraqi Kurdistan paid for exportsOil producers including Genel and Gulf Keystone Petroleum, have received initial payments for oil exports from the Kurdistan Regional Government (KRG), paving the way for more steady oil revenues for producers in Iraqi Kurdistan. More… |
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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 More… |
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Kurdish crude exports may reach 20,000 bpdDirect exports of crude oil from Kurdistan to Turkey may reach 20,000 barrels per day (bpd) in a few weeks, the chief executive of Genel Energy said, in a sign that a trade that officials in Baghdad see as illegal is set to grow. More… |
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Genel Energy plans North Africa expansionLondon-listed oil explorer Genel Energy announced deals that will help it to diversify into the Mediterranean and North Africa on Thursday, building on its strategy to expand outside its core region of Kurdistan. Genel s More… |
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Heritage, Turkey's Genel agree $6bn mergerUK-based oil explorer Heritage Oil said on Tuesday it had agreed to merge with Genel Energy International, a unit of Turkey's Cukurova Group, to create an oil producer focused on Iraqi Kurdistan worth around $5.5 billion. Heritage' More… |
