Oil producer Gulf Keystone Petroleum said plans to increase production from its Shaikan oil field in Iraqi Kurdistan were on track despite escalating violence in the region.
The London-listed oil firm said on Friday three wells at
Iraq's oil minister on Monday condemned the export of pipeline crude from Iraqi Kurdistan and threatened the region and Turkey, its point of export, with severe measures.
"What happened in my view was the biggest mistake
UK-listed oil exploration firm Gulf Keystone has restarted production in Kurdistan, ending a half-year hiatus since the regional government asked operators there to stop pumping, industry sources said.
The company is now producing
Siemens said it has won a contract worth more than 100 million euros ($128 million) from Erbil-based KAR Group to supply gas turbines and generators for a gas turbine power plant in northern Iraq.
As per the contract, Siemens will
Vallares, the bid vehicle of former BP boss Tony Hayward and financier Nat Rothschild, is in early stage talks to buy Genel Enerji, the biggest oil producer in Kurdistan in northern Iraq, the Sunday Times said.
The newspaper cited unidenti
An explosion rocked a bus carrying military personnel in Turkey's largest city of Istanbul on Tuesday, killing three people a day after the Turkish military stepped up operations against Kurdish separatists.
Iraq's Oil Ministry will blacklist China's Sinopec and prohibit it from competing in a second bidding round for oilfield tenders if it confirms its purchase of Swiss oil explorer Addax Petroleum, a senior Iraqi oil official said on Monday.
Kurdish PKK rebels said on Sunday they had shot down a Turkish attack helicopter in north Iraq, where they are battling Turkish troops in a conflict Baghdad and Washington fear could further destabilise Iraq.
Ankara launched the major cros
Kurdish rebels have killed 22 Turkish soldiers in clashes in northern Iraq, a spokesman for the rebel Kurdistan Workers Party (PKK) said on Saturday.
'After clashes yesterday between the PKK and the Turkish forces, 22 Turkish soldiers were
The United States has joined a rights group in calling for a full investigation into the death of a Kurdish law student in Iran after he was detained in the western city of Sanandaj.
"The United States is deeply concerned about the tragic