Kurdistan

Genel Energy PLC: Result of AGM

Retrieved on: 
Thursday, May 14, 2020
Economy of Iraqi Kurdistan, Articles, Genel Energy, Energy, Taq Taq, Low-carbon economy, Resource economics, Kurdistan

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).

Key Points: 
  • Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).
  • The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects.
  • Genel has low-cost and low-carbon production from the Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price.
  • Genel also continues to pursue further growth opportunities.

Genel Energy PLC: Update on Bina Bawi PSC

Retrieved on: 
Friday, May 1, 2020
Western Asia, Geography of Asia, Regions, Kurdistan independence movement, Politics of Iraq, Genel Energy, Kurdistan, KRG, Bina

Genel Energy plc ('Genel' or 'the Company') provides the following update on the Bina Bawi PSC.

Key Points: 
  • Genel Energy plc ('Genel' or 'the Company') provides the following update on the Bina Bawi PSC.
  • Extensive documentation was received in mid-April from the Kurdistan Regional Government ('KRG') following the commercial understanding reached in September 2019.
  • Genel has been informed by the KRG that while negotiations are ongoing with respect to these documents it will not exercise the notice of an intention to terminate the Bina Bawi PSC.
  • Genel continues to minimise spending on Bina Bawi until further tangible progress is made during these negotiations.

Genel Energy PLC: Update on payments for KRI oil sales

Retrieved on: 
Friday, April 17, 2020
Western Asia, Geography of Asia, Regions, Kurdistan, Genel Energy, Iraqi Kurdistan, Kurdistan Region

Genel Energy plc ('Genel' or 'the Company') announces that payment has been received from the Kurdistan Regional Government ('KRG') for oil sales during March 2020.

Key Points: 
  • Genel Energy plc ('Genel' or 'the Company') announces that payment has been received from the Kurdistan Regional Government ('KRG') for oil sales during March 2020.
  • The payment has been made according to recent proposals sent from the KRG to international oil companies operating in the Kurdistan Region of Iraq.
  • 1 Genel notes that this payment has been paid on a basis that limits cost oil recovery to 40% of March 2020 field revenue and excludes otherwise available unutilised cost oil capacity from January and February 2020.
  • Genel has reserved all its rights to payment in full under the Taq Taq PSC terms

In an Urgent Initiative to Combat the Coronavirus Epidemic in Iraq, Asiacell Is Donating 750 Million Dinars to the Iraqi Government and USD 500,000 to the Government of the Kurdistan Autonomous Region

Retrieved on: 
Thursday, April 2, 2020
Western Asia, Geography of Asia, Regions, Kurdistan independence movement, Kurdistan, Asiacell, Politics of Iraq, Geography of Iraq

BAGHDAD, Iraq, April 2, 2020 /PRNewswire/ --Asiacell has announced an urgent initiative to support efforts to combat the coronavirus epidemic in Iraq, by allocating 750 million dinars to the Iraqi government and USD 500,000 to the government of the Kurdistan autonomous region.

Key Points: 
  • BAGHDAD, Iraq, April 2, 2020 /PRNewswire/ --Asiacell has announced an urgent initiative to support efforts to combat the coronavirus epidemic in Iraq, by allocating 750 million dinars to the Iraqi government and USD 500,000 to the government of the Kurdistan autonomous region.
  • This initiative by Asiacell comes after the spread of the epidemic in many regions of our beloved country.
  • Asiacell is responding to this crisis by actively supporting and standing with the people of our country in these difficult circumstances.
  • He added: "We have also given 500,000 dollars to the government of the Kurdistan region for the same purpose."

In an Urgent Initiative to Combat the Coronavirus Epidemic in Iraq, Asiacell Is Donating 750 Million Dinars to the Iraqi Government and USD 500,000 to the Government of the Kurdistan Autonomous Region

Retrieved on: 
Thursday, April 2, 2020
Western Asia, Geography of Asia, Regions, Kurdistan independence movement, Kurdistan, Asiacell, Politics of Iraq, Geography of Iraq

BAGHDAD, Iraq, April 2, 2020 /PRNewswire/ --Asiacell has announced an urgent initiative to support efforts to combat the coronavirus epidemic in Iraq, by allocating 750 million dinars to the Iraqi government and USD 500,000 to the government of the Kurdistan autonomous region.

Key Points: 
  • BAGHDAD, Iraq, April 2, 2020 /PRNewswire/ --Asiacell has announced an urgent initiative to support efforts to combat the coronavirus epidemic in Iraq, by allocating 750 million dinars to the Iraqi government and USD 500,000 to the government of the Kurdistan autonomous region.
  • This initiative by Asiacell comes after the spread of the epidemic in many regions of our beloved country.
  • Asiacell is responding to this crisis by actively supporting and standing with the people of our country in these difficult circumstances.
  • He added: "We have also given 500,000 dollars to the government of the Kurdistan region for the same purpose."

LEADING BRANDS IRAQ 2019 Award Ceremony held at Rotana Hotel Erbil, December 2019

Retrieved on: 
Saturday, December 28, 2019
Western Asia, Geography of Asia, Politics of Iraq, Geography of Iraq, Kurdistan, Iraqi Kurdistan

ERBIL, Iraq, Dec. 28, 2019 /PRNewswire/ -- The first ever Leading Brands Iraq award ceremony was hosted at Rotana Hotel Erbil, Iraq.

Key Points: 
  • ERBIL, Iraq, Dec. 28, 2019 /PRNewswire/ -- The first ever Leading Brands Iraq award ceremony was hosted at Rotana Hotel Erbil, Iraq.
  • Popular brands of consumer goods in Iraq have received their awards in a ceremony attended by representatives of the Iraqi central government and the KRG, delegates of leading brands as well as academics and media.
  • The consortium organising the Leading Brands Iraq event is led by ScorePR while Nish Research Iraq has been running regular consumer surveys and market analysis.
  • International brands as well as local brands from Iraq and the KRI have achieved leading brand status for entire Iraq as well as for Kurdistan separately in the categories given below: