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,...
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...
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...
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...
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...
