The US Treasury on Wednesday sanctioned Rosneft and Lukoil—Russia’s largest and third-largest oil exporters—citing “Moscow’s serious non-compliance with the peace…
Oil production from the KRG’s Shaikan field, located northwest of Erbil, remained strong during the first half of 2025, particularly in the first five months, averaging more than 46,500 barrels…
The oil of northeast Syria, extracted from fields in Hasakah and Deir ez-Zor, continues to flow into the Kurdistan Region. There, it is refined in Dohuk and Erbil before being…
The Iraqi Ministry of Finance has published back-to-back reports detailing revenue and expenditure for the first five months of 2025. According to the reports, Iraq’s total general revenue during this…
The Iraqi government and the Kurdistan Regional Government (KRG) have signed a new agreement regarding the KRG’s oil and non-oil revenues in exchange for Baghdad sending salaries to KRG public…
As of recent months, only eight oilfields in the Kurdistan Region have remained operational. The following data reflects May production figures, which may have slightly increased since, though total output…
Two years and three months have elapsed since the Paris Court’s ruling concerning the independent sale of the Kurdistan Region’s oil. While this decision has effectively prevented the Kurdistan Regional…
The Kurdistan Regional Government (KRG) has recently restated its position on oil production and revenue amid growing public frustration over unpaid salaries and persistent concerns about transparency. This follows an…