Business Recorder - Markets - Energy https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Fri, 14 Aug 2026 05:53:52 +0500 Fri, 14 Aug 2026 05:53:52 +0500 60 DNO shares up after Iraqi PM quoted approving contracts https://www.brecorder.com/news/2114/dno-shares-up-after-iraqi-pm-quoted-approving-contracts <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/DNO_LOGO-400.jpg" width="400" height="213" />OSLO: Shares in Norwegian oil firm DNO traded up 5.8 percent on Monday at 0819 GMT after media reports quoted Iraqi Prime Minister Nuri al-Maliki saying Iraq will honour Kurdish production-sharing contracts like DNO's.</p> <p class="MsoPlainText">The weekend report by news agency AFP was not confirmed by Iraq's Oil Ministry and seemed to catch senior Iraqi oil officials by surprise. In the past month there have been numerous reports of a political deal permitting exports from Kurdistan to resume soon.</p> <p class="MsoPlainText">A spokesman for DNO said on Monday the company would have no comment on the status of its contract with the Kurdish Regional Government (KRG) until the KRG provides more detailed information.</p> <p><center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></p> OSLO: Shares in Norwegian oil firm DNO traded up 5.8 percent on Monday at 0819 GMT after media reports quoted Iraqi Prime Minister Nuri al-Maliki saying Iraq will honour Kurdish production-sharing contracts like DNO's.

The weekend report by news agency AFP was not confirmed by Iraq's Oil Ministry and seemed to catch senior Iraqi oil officials by surprise. In the past month there have been numerous reports of a political deal permitting exports from Kurdistan to resume soon.

A spokesman for DNO said on Monday the company would have no comment on the status of its contract with the Kurdish Regional Government (KRG) until the KRG provides more detailed information.

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/2114 Mon, 07 Feb 2011 08:31:08 +0500 none@none.com (Syed Murtaza Gheblehzadeh)