The KRG’s oil exports are set to rise by 86% in November compared to October, with Iraq’s state oil marketer SOMO scheduled to load 250,000 barrels per day at the…
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 process to end the war in Ukraine.” The EU followed…
KRG Salary Tracker Public employees in the Kurdistan Region have now gone two months without pay (September and October 2025), amid an unresolved financial dispute with the federal government in…
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…