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Kurds defend key oil policy, reject BP dealIraq's Kurdistan has defended its oil policy as constitutional, and rejected a deal between Baghdad and BP for an oilfield in the disputed city of Kirkuk as an "illegal" step in the autonomous region's feud with the central gov More… |
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Iraqi president Talabani hospitalisedIraqi President Jalal Talabani, a Kurd who has been a key player in mediating during the country's political crisis, was in hospital on Tuesday after suffering a stroke that left him in "critical but stable condition", government s More… |
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Exxon mulls $10bn takeover of Gulf KeystoneUS oil major Exxon Mobil is mulling a 7 billion pound ($10.9 billion) takeover of Kurdistan-focused explorer Gulf Keystone Petroleum, the Independent on Sunday reported. The newspaper said that Exxon is considering making an estimated 800 More… |
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Iraq vows to end Exxon-Kurd dealIraq's government said it would move to end a major contract with Exxon Mobil after the US oil giant signed a deal with semi-autonomous Kurdistan to explore fields there, which Baghdad on Wednesday called a violation of the law. Exxo More… |
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Iraqi Kurds see sharp decline in oil exportsCrude exports from Iraq's northern Kurdish region have dropped to 50,000-60,000 barrels per day from 160,000 bpd since late last month, several Iraqi government sources said on Saturday. The reason for the decline was unknown, they sai More… |
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Al Qaeda stronger as blasts feed Iraqi feudA series of huge bombings in northern Iraq have triggered fiery accusations of blame between Arabs and Kurds, escalating a dispute over land and oil that has played into the hands of a resurgent Al Qaeda. Truck bombings and suicide attacks More… |
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Iraqi, Kurdish leaders meet over land, oil feudIraqi Prime Minister Nuri al-Maliki and President Masoud Barzani held a rare meeting yesterday (August 2), agreeing only to further talks to solve a row over land and oil seen as the greatest threat to Iraqi security. The encounter was bel More… |
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Kurd polls keep status quo, US urges peaceOpposition groups made a surprise gain in Iraqi Kurdistan's weekend elections, but ruling parties feuding with Arab leaders in Baghdad clung to power and are unlikely to end a standoff threatening Iraq's fragile calm. The prelimina More… |
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DNO says no pay schedule in place for Kurdish oilDNO International said it did not yet have a payment arrangement for oil produced from its Tawke field in Iraq's Kurdistan, which has been running since June and pumps 40,000 barrels per day (bpd). The Tawke field will soon produce 50,000 More… |
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Iraq says Kurd oil deals illegalContracts that semi-autonomous Kurdish authorities have signed with private oil firms are illegal until they are ratified by the Oil Ministry in Baghdad, the Iraqi government has reaffirmed. Oil minister Hussain al-Shahristani also rejecte More… |
