South Korea’s Knoc cuts losses on ‘uneconomic’ Kurdistan project
Korea National Oil Corp (Knoc) has decided to cut its losses and exit the Sangaw South project in Kurdistan.
Kurdistan
Well spudded on Kurdistan oil field controlled by New Age
Gas Plus Khalakan (GPK) said today it is making progress developing its assets in Kurdistan.
Gulf Keystone Petroleum gets $15million crude oil payment
Gulf Keystone Petroleum said it has received a gross payment of $15million from the Kurdistan Regional Government for Shaikan crude oil export sales in June.
Shaikan production reaches 25m barrel milestone for Gulf Keystone
Gulf Keystone Petroleum said its culmative production from the Shaikan field has now reached 25million barrels.
Kurdistan pays-out to Gulf Keystone Petroleum
The Kurdistan Regional Government has paid $8million to Gulf Keystone Petroleum.
Genel Energy gets multimillion dollar payment from Kurdistan government
Genel Energy said a payment of $24.28million has been received from the Kurdistan Regional Government for oil sales during last month.
Genel lands Tawke field payment from Kurdistan government
Genel Energy has confirmed that Tawke field partners have received a payment of $15million from the Kurdistan Regional Government for oil sales during May 2016.
Genel Energy and partners receive Taq Taq payments
Genel Energy said it has received a $5.5million from the Kurdistan regional government for oil sales in May.
Kurds want $1 billion a month before signing new oil deal with Baghdad
Iraq's Kurds are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports, if it guarantees them a monthly revenue of $1 billion, a spokesman for the Kurdistan Regional Government (KRG) said.
Genel receives another $6million from Kurdistan
Genel Energy said the Taq Taq field partners have received a payment of $11.45 million from the Kurdistan Regional Government for oil sales during April 2016.
Gulf Keystone banks latest $6million for Shaikan exports
Gulf Keystone Petroleum said its has received the latest gross payment of $6million from the Kurdistan Regional Government for Shaikan crude oil exports in April 2016.
Genel confirms April payment from Kurdistan authorities
Genel Energy, operator of the Tawke field, confirmed the field partners have received $16 million from the Kurdistan Regional Government for oil sales during April 2016.
Genel Energy gets Taq Taq payout
Genel Enegy has received a $6.1million payment for its Taq Taq field.
Gulf Keystone reaches agreement with bondholders
Gulf Keystone has reached an agreement with its bondholders to make use of good grace for April coupon payments.
Genel receieves $13million for March Taq Taq oil
Genel Energy has received $13million from the Kurdistan Regional Government as its share of March oil payments from the Taq Taq field in Northern Iraq.
Geologist set to be Iraq’s new oil minister may seal deal with Kurds
The man nominated to be Iraq's new oil minister is a Kurdish petroleum geologist who could end a bitter dispute with the northern self-rule region and free up more oil exports through a pipeline to Turkey.
Genel confirms $55.4m bond buy back
Genel Energy has confirmed it is buying back $55.4million of bonds with a big chunk taken off their face value.
Genel receives cash from Kurdish government for oil
Troubled oil and gas explorer Genel Energy has received received a gross payment of $12.6 million from the Kurdistan Regional Government for oil sales during February 2016.
Genel downgrades reserve estimates
Genel Energy has downgraded estimated reserves from its assets in Iraq.
Gulf Keystone tumbles to seven-year low as future in doubt
Gulf Keystone Petroleum Ltd. fell to a seven-year low in London trading after saying its future depends on obtaining new funds and restructuring the balance sheet as bond repayments loom.
Genel sees £128million wiped off market value
Genel Energy, the UK oil producer operating in Iraq’s Kurdish region, fell by a record in London trading after cutting the reserves estimate for its largest field by almost half.
Gulf Keystone gets $15m payment from KRG
Gulf Keystone Petroleum said the Kurdistan Regional Government has authorised a payment of $15million to the company.
DNO gets $21.45m payment from Kurdistan Regional Government
Norwegian operator DNO said it has received receipt of $21.45million from the Kurdistan Regional Government for exports from the Tawke field.
Genel begins to claw back Kurdistan back payments
Genel Energy has received its fifth consecutive monthly payment for the oil its exports out of the country from the Taq Taq field in the Kurdistan region of Iraq, as well as a backpayment for oil that was previously exported.
Kurdistan oil producers surge as government clarifies payments
Shares of Gulf Keystone, Genel Energy and DNO rose after the Kurdistan Regional Government clarified its system of export payments to foreign oil companies.