Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55337988
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This file photo shows a worker walking on an oil pipeline at the Khurmala oil field on the outskirts of the city of Erbil, in Iraq’s Kurdistan region, on December 4, 2013. (Reuters/Stringer)

Kurdistan to begin exporting oil through SOMO after loan from Baghdad: KRG officials

by Dalshad Abdullah | Nov 17, 2014 | Business

Erbil, Asharq Al-Awsat—The Kurdistan Regional Government (KRG) will begin exporting oil through under Baghdad’s supervision once it receives a loan it says was promised from the Iraqi government, as part of an agreement reached between the two sides on Thursday,...

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Caption:

This file photo shows a worker walking on an oil pipeline at the Khurmala oil field on the outskirts of the city of Erbil, in Iraq’s Kurdistan region, on December 4, 2013. (Reuters/Stringer)

Iraqi Kurdistan may raise oil output by up to 80 percent in next two months: official

by Dalshad Abdullah | Oct 28, 2014 | Business

Erbil, Asharq Al-Awsat—The Kurdistan Regional Government (KRG) in Iraq will in the next two months raise its oil production levels by up to 80 percent, a senior Kurdish energy official told Asharq Al-Awsat. Dalshad Shaaban, vice-president of the Energy and Natural...

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A picture made available on July 31, 2014, shows smoke rising from the Baiji oil refinery during the clashes between the fighters of Islamic State in Iraq and Syria (ISIS) and Iraqi forces in Baiji city, on July 30, 2014. (EPA)

ISIS black market oil operation booming: officials

by Ma'ad Fayad | Oct 17, 2014 | Middle East

Baghdad, Asharq Al-Awsat—The Islamic State of Iraq and Syria’s (ISIS) black market oil smuggling operation is continuing to thrive despite escalating air strikes targeting the group’s positions in Iraq and Syria, Iraqi officials and regional oil traders informed...

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Iraq’s Oil Minister Abdul Kareem Al-Luaibi, seated, talks to journalists before a meeting of OPEC oil ministers in Vienna on June 11, 2014. (Reuters/Heinz-Peter Bader)

No “direct impact” on Iraq oil exports following crisis—experts

by Obaid Al-Suhaymi | Jun 16, 2014 | Business

Dammam, Asharq Al-Awsat—The current crisis in Iraq has had no direct impact on the country’s oil exports, despite a battle for control of the country’s largest oil refinery, and the city of Kirkuk—home to one of the country’s major oil fields—falling under Kurdish...

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In this December 13, 2009 file photo, Iraqi laborers work at the Rumaila oil refinery, near the city of Basra. (AP Photo/Nabil Al-Jurani)

Iraq must end dependence on oil—former planning minister

by Hamza Mustafa | Apr 16, 2014 | Business

Baghdad, Asharq Al-Awsat—Iraq’s economy must diversify to reduce its decades-long reliance on oil as the main contributor to its GDP, said the country’s former planning minister, despite a recent uptick in oil production leading to expectations that OPEC’s...