Thursday 25 December 2014
 
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Kurdish

Iraq exports boost to add pressure on 2015 oil market

Iraq's plan for higher oil exports in 2015, emerging in detail just days after the Organization of the Petroleum Exporting Countries (Opec) shunned any output cut, will add to global over supply and is likely

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Syria town under siege by IS; air strikes fail

Islamic State forces shelled the Syrian border town of Kobani on Saturday and its Kurdish defenders said they were expecting a new assault to try to capture it. US-led coalition warplanes had struck at Islamic State targets overni

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New Iraq oil minister faces daunting task

Iraq's new oil minister is a veteran politician who will need to deploy all his experience to resolve disputes over Kurdish oil production and allay foreign investor fears about Islamist militia control in northern oil fields.

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Impasse over Kurdish tanker near Texas to drag on

A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said.

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Iraqi Kurdish crude tanker cleared to unload off Texas

A tanker carrying crude oil from Iraqi Kurdistan was cleared by the US Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block de

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Iraqi Kurdish oil nears Texas port for likely offloading

A tanker carrying crude oil from Iraqi Kurdistan has neared the Port of Galveston in Texas, according to Reuters ship tracking data and the US Coast Guard, despite Washington's concerns about independent oil sales from the autonomous region.

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Gulf Keystone sees Kurdish plans on track

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

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Iraq vows steps against Kurdish exports

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

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UK group resumes pumping of Kurdish oil

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

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Siemens wins $128m Iraq plant contract

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

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