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Fri, 04th Sep 2020 13:53
LONDON, Sept 29 (Reuters) - Gulf Keystone Petroleum, one of the foreign oil firms present in Iraqi Kursdistan, has received a long-awaited $15 million payment from the Kurdistan Regional Government (KRG) for oil sales in July, the company said on Thursday. This follows news from fellow prod
Read moreLONDON, Sept 28 (Reuters) - Genel, one of the main foreign oil producers in Iraqi Kurdistan, said on Wednesday the Kurdistan Regional Government (KRG) had paid partners in the Taq Taq field $23.37 million for oil sales made in July. The KRG, which had been paying foreign producers in monthl
Read more(ShareCast News) - Independent oil and gas exploration and production company Gulf Keystone Petroleum announced its results for the six months to 30 June on Thursday, with revenues of $102.1m recognised during the period, up significantly from $30.1m in the first half of 2015. The London-listed firm
Read moreBy Karolin Schaps LONDON, Sept 22 (Reuters) - Gulf Keystone Petroleum, an oil company focused on Iraqi Kurdistan, warned on Thursday that a lack of export payments from the regional government was preventing it from investing there. The oil producer has not been reimbursed for exports
Read more(ShareCast News) - The City of London is girding itself for a £30bn frenzy of initial public offers (IPOs) in coming months as backers look to profit from the London stock market's impressive recovery since the Brexit vote. Flotations including the £10bn City debut of mobile operator O2, a £1.5bn is
Read more(ShareCast News) - Shares in Gulf Keystone have flopped almost 30% after the company issued a competent person's report (CPR) and outlined a $25m open offer. Gulf Keystone's offer was for up to 2.29m shares at 0.8314p each. At about 14:46 BST, shares in Gulf Keystone were down 26.03% to 3.58p. The
Read moreBy Dmitry Zhdannikov LONDON, Aug 30 (Reuters) - Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the semi-autonomous region amid tense talks on sharing oil revenue. Kurdistan has been exporting crude independent
Read more(Adds U.S. reaction, context, comments on oil conflict with Kurds) By Maher Chmaytelli BAGHDAD, Aug 15 (Reuters) - Iraq's parliament approved the appointment of Jabar Ali al-Luaibi, former head of the main state oil firm, as oil minister in a cabinet overhaul on Monday that bolsters P
Read moreBAGHDAD, Aug 15 (Reuters) - Iraq's new oil minister Jabar Ali al-Luaibi on Monday said a solution to the Iraqi government's conflict over oil with the Kurdish self-ruled region was possible. "There are solutions to the existing problems between the federal government and the Kurdistan Regio
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