KRG denies Iraqi oil ministry accusations

The statement said that the Region has sent “more than 11 million barrels of oil” to the federal government over a period “exceeding five months,” adding that the Iraqi side has not sent the Kurdistan Region “a single dinar in exchange,” deeming it a “clear violation” of Baghdad’s financial obligations and agreements signed between the two sides.

News

Iraq rejects KRG’s oil contracts with US firms

Baghdad has dismissed as illegitimate the recent signing of an agreement between the Kurdistan Regional Government and US energy companies to develop oil and gas fields in Sulaimani.

News

APIKUR calls for ‘redoubling of efforts’ for resumption of Kurdish oil exports

The Association of the Petroleum Industry of Kurdistan (APIKUR) criticized Baghdad for its "limited and unproductive" efforts to restore oil exports via the Iraq-Turkey pipeline, urging the government to match its public expressions of support with practical action.

News

Kurdish oil export talks 'postponed indefinitely'

Eagerly awaited talks between Erbil and Baghdad relating to resumption of exports of the Kurdistan Region's oil have been delayed indefinitely, adding another layer of frustration to the drawn-out process of restarting the lucrative exports.

News

Baghdad ‘unwilling’ to negotiate solutions that honor IOC contracts: APIKUR

APIKUR has repeatedly stated that the terms of their existing contracts and the economic models within them must be respected.

News

Iraq plans to increase oil production to 6 million bpd by 2029: ministry 

“The ministry seeks to increase oil and gas production capacities within a clearly defined five-year plan, targeting a ceiling exceeding six million barrels per day between 2028 and 2029."

News

Kurdistan’s oil exports could resume next week: MP

The MP noted that there are several points that are up for discussion, but stressed that the first step would be the resumption of exports.

News

US urges Baghdad to ‘pay arrears’ owed to US oil companies working in Kurdistan Region

“The National Security Advisor urged the Iraqi government to work with the Kurdistan Regional Government to address remaining contract disputes and pay arrears owed to U.S. energy companies,” Waltz wrote in a post on X

News

IOCs demand Erbil, Baghdad meet conditions before resumption of oil exports

“Fair and transparent agreements are necessary that include payment surety, transparent implementation of Iraq’s budget law stipulations, and resolution of payments that are in arrears,” read a statement from APIKUR

Articles