Kurdistan region made $3.29 bn from direct oil sales

December 2, 2015 0

ARBIL (AFP) – Iraq’s autonomous Kurdish region said Tuesday it has made more than $3.29 billion in revenues since June from direct oil export sales that the country’s federal government considers illegal. Baghdad — which […]


Kurds Boost Oil Sales in Drive for Financial Independence

October 7, 2015 0

Iraq’s Kurdish region ramped up crude exports by 27 percent in September as the semi-autonomous enclave seeks greater financial independence amid a budget dispute with the federal government in Baghdad. The Kurdistan Regional Government exported […]


Oil prices rise as U.S. drilling declines

September 21, 2015 0

LONDON (Reuters) – Oil rose by more than 1 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion worth of planned production was uneconomic at current prices. Crude has […]


Kurdistan: Battling on all fronts

August 8, 2015 0

As conflict rages on, Iraqi Kurdistan badly needs foreign investment to keep its machinery running smoothly. Not so long ago, Iraq’s Kurds were accustomed to earning the plaudits of foreign investors. They conceived of the […]

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