Since the Arab Spring in 2011, the Middle East and North Africa (MENA) region has faced continued political upheaval. But energy production and export remains central to its prosperity.
Genel Energy has agreed to buy stakes in the Chevron-operated Sarta and Qara Dagh blocks, in the Kurdistan Region of Iraq, for $60 million.
Genel Energy said today that a well drilled in the northern part of the Taq Taq field in Kurdistan has struck oil.
Iraq’s semi-autonomous Kurdistan Regional Government said it’s prepared to freeze the results of last month’s independence referendum that triggered deadly clashes with government troops and hurt oil exports.
A surge in crude prices faded as Iraq sought to restore flows from fields in a disputed region after violence had curbed output in OPEC’s second-biggest producer.
Russian oil giant Rosneft has agreed to operate Kurdistan's main oil pipeline.
The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried the country’s autonomous Kurdish region will struggle to repay billions of dollars in cash-for-oil loans.
Oil declined following a report that Kurdish forces agreed to withdraw from areas the Iraqi army is reclaiming, easing tension in the crude-rich region.
Iraq's military has seized two major oil fields outside the disputed city of Kirkuk from Kurdish forces.
Iraqi soldiers moved late Sunday to take over oilfields in the northern city of Kirkurk from Kurdish forces, pushing crude prices higher amid reports of deadly clashes. Standard University director of Iranian studies Abbas Milani weights in. Watch the video to find out more.
The drama around President Donald Trump and Iran's compliance with the nuclear deal has grabbed the oil world's attention. This gaze should shift west. Rising tensions in northern Iraq could have a much more immediate impact on oil flows that could lead prices higher, and squeeze producers and refiners.
Iraqi Kurds were going to the polls on Monday to vote on whether to support independence from Baghdad in a historic but non-binding referendum that has raised regional tensions and fears of instability.
Russian oil giant Rosneft said today that will soon finalise a deal to develop pipelines in the Kurdistan region of Iraq.
Norwegian oil and gas operator DNO has agreed to take over the operatorship of a licence in Kurdistan from ExxonMobil.
Abu Dhabi National Energy Company (TAQA) has begun oil production at its Atrush Block in Iraq’s Kurdish region.
New Age has separated the roles of chairman and chief executive in a top-order shake-up.
Russian oil giant Rosneft is to enter five prospective exploration blocks in Kurdistan, after signing an agreement with the regions government.
Gulf Keystone Petroleum (GKP) said today that it had banked a £9.5million payment from Kurdistan.
Gulf Keystone Petroleum (GKP) narrowed its losses in 2016 after enjoying a year of “safe and secure operations” in its stomping ground of Kurdistan.
Genel Energy (GENL) is to lose its chief financial officer while still struggling to find a replacement for Chairman Tony Hayward, it has been reported.
Genel Energy's chief executive said he was approaching 2017 with confidence as the firm was closer than ever to monetising oil exports from the Kurdistan Region of Iraq.
Norwegian operator DNO said it has made an oil discovery in the Kurdistan Region of Iraq.
Gulf Keystone said it has received a $15million payment from the Kurdistan Regional Government for Shaikan crude oil export sales in August.
Genel Energy has said it has received a share of $23.37million from the Kurdisatn Regional Government for oil sales during July this year.
Shares in Gulf Keystone Petroleum (GKP) edged up by 3% on the London exchange this morning after the company revealed a large jump in revenues in the first half of 2016.