Category: Energy

Did Iraq Reduce Its Share in OPEC+ at the Expense of Kurdistan?

A Fresh Extension for Production Cuts In a recent meeting held on November 30, 2023, the OPEC+ alliance announced a voluntary reduction in oil production by up to 2.2 million barrels per day until the first quarter of the next…

Turning of The Taps: Unraveling The Suspended Kurdistan Oil Exports Saga

Turkish Claims and Iraqi Inaction In a span of twenty-four hours, Iraq bore witness to a visit from senior Turkish officials—Foreign Minister Hakan Fidan and Energy Minister Alb Bayrakdar. These visits preceded a forthcoming trip by Turkish President Recep Tayyip…

Abu Dhabi: The Future Global Capital for Renewable Energy

By 2050, the UAE aims to rely entirely on clean and renewable energy sources for its energy consumption, marking a significant transition despite its prominent hydrocarbon industry and vast oil and natural gas reserves. The country has made notable strides…

How does Kurdistan’s oil suspension affect the Iraqi economy?

Since losing the international arbitration case brought by Baghdad against it, as a result of exporting Kurdistan region’s oil without the approval of the Iraqi Oil Marketing Company (SOMO), Turkey is still refusing to export Kurdistan’s oil through its territory….