by Dalshad Abdullah | Jan 1, 2015 | Business
Erbil, Asharq Al-Awsat—This year has not been a kind one for the Kurdistan region in Iraq. The year began with a financial dispute with Baghdad, when Iraq’s federal government canceled the region’s share of the Iraqi budget and refused to pay its public sector...
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 Asharq Al-Awsat | Aug 21, 2014 | Business
Baghdad, Asharq Al-Awsat—Iraq has warned buyers of crude oil that any unauthorized oil purchases made from its territory could be used to fund activities by the extremist militant group, the Islamic State of Iraq and Syria (ISIS). In a statement on Wednesday, Iraq’s...
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 Asharq Al-Awsat | Feb 20, 2014 | Business
Erbil, Reuters—Kurdistan has not agreed to export crude via Iraq’s State Oil Marketing Organization (SOMO), a spokesman for the autonomous region’s government said on Thursday, contradicting earlier comments by a top energy official in Baghdad....
