EMAC NEWS

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OPEC basket oil price rose slightly and recorded a little more than $ 41

OPEC basket price of crude oil recorded on Thursday a slight rise to more than $ 41 per barrel shortly. The prospectus for the account of the General Secretariat of the Organization of Petroleum Exporting Countries / OPEC / today said that “the OPEC basket price was $ 41.15 per barrel on Thursday, compared to […]

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KRG Oil Exports Increase to 512k bpd for April

The Kurdistan Regional Government (KRG) today publishes . The report details: All oil export volumes through the KRG-Ceyhan crude oil pipeline; all crude oil cargoes lifted from Ceyhan by the buyers; and the revenues received on account by the KRG during the month. The Kurdistan Regional Government (KRG) exported 15,356,651 barrels of crude oil (an […]

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WesternZagros Resumes Production at Garmian

WesternZagros Resources has announced the resumption of crude oil production and sales from the Sarqala-1 well in the Kurdistan Region of Iraq. Sales are to be in accordance with the payment mechanism for crude oil sales announced by the Ministry of Natural Resources of the Kurdistan Regional Government on February 1, 2016 based on the […]

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More Wells Drilled at Halfaya

  The Missan Oil Company (MOC) has announced for the successful drilling of 5 new wells at the , which is being developed by . Mr. Adnan Noshi, director general of the company, confirmed that the Bohai and Daiken companies have recently finished the drilling of wells 13, 23, 57, 61 and 74. A total […]

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New mechanisms to encourage tourism to Kurdistan

Kurdish Tourism Authority announced that new mechanisms to facilitate the entry of foreign tourists to the region shall be adopted, taking into consideration the security of the people. It added that contacts were made with Kurdish Interior Ministry to facilitate the entry of tourist via tourism companies. The new move was made upon instructions from […]

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DNO Shares Jump as it steps up Kurdistan Activity

  Shares in DNO, the Norwegian oil and gas operator, closed up more than 10 percent on Wednesday as the company announced the startup of an active drilling program at its flagship Tawke field in the Kurdistan region of Iraq. The company said it will boost investments on the back of seven consecutive monthly oil […]

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