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Top News In United Genel Energy Today - Breaking & Trending Today

Genel Energy Cuts Costs; Arbitration Case to Start Soon

By John Lee. UK-listed Genel Energy has said that it has cut all non-essential activity and significantly reduced spend, while developing a new source of income through domestic sales in the Kurdistan Region. Meanwhile, an arbitration hearing into the termination of the Miran and Bina Bawi production sharing contracts (PSCs) is scheduled to start in ....

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International oil firms stop operations as Iraqi-Kurdish oil dispute continues

A Kurdish official told Al-Monitor that the Kurdistan Regional Government disagrees with an Iraqi government proposal to resolve the issue, as the stoppage of oil exports to Turkey threatens the autonomous region's economy. ....

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Kurdistan appeals Baghdad ruling against IOCs

Entering the legal fray as a third party, the KRG is appealing a Baghdad court’s July decision to invalidate four oil contracts. ....

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Twaiwan Business Quick Take - Taipei Times

TAIEX
<strong>Foreigner stock buys surge</strong>
Foreign investors last week bought a net NT$7.73 billion (US$265.23 million) of local shares after buying a net NT$2.18 billion a week earlier, the Taiwan Stock Exchange said in a statement yesterday. As of Friday, foreign investors had sold NT$773.03 billion of local shares since the beginning of the year, the exchange said. The top three shares bought by foreign investors last week were Innolux Corp (群創光電), Yang Ming Marine Transport Corp (陽明海運) and AU Optronics Corp (友達光電), while the top three shares sold by foreign investors were Shin Kong Financial Holding Co (新光金控), Yuanta Financial Holding ....

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CPC expects to start oil exploration in Somaliland as early as 2023

Taipei, Dec. 22 (CNA) CPC Corp., Taiwan, the country's state-owned oil supplier, is expected to start oil exploration in Somaliland in 2023 at the earliest after signing a deal to take a stake in an oil field in the East African state. ....

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