Tag: Kurdistan

Vessel weighs anchor as oil dispute hangs in scales of justice

An oil tanker that’s sat off the coast of Galveston since July amid an international legal dispute is finally leaving.  More »

Iraq to double exports of Kirkuk crude amid oil surplus

Iraq, holder of the world’s fifth-largest crude reserves, is rebuilding its energy industry after decades of wars and economic sanctions.  More »

Iraq oil deal evokes Churchill in Islamic State battle

While their latest dispute was temporarily resolved last month to help finance the struggle against Islamic State, the accord has not addressed differences between administrations in Baghdad and Erbil that include the future of Kirkuk, northern Iraq’s main oil hub.  More »

Dispute over tanker’s Kurdish oil continues in Houston court

A Houston federal judge has asked for an update on settlement negotiations between Iraq and Kurdistan over a cargo of oil anchored in the Gulf of Mexico since July.  More »

Tanker’s fate unresolved after historic deal

Lawyers representing Baghdad and Erbil met for 20 minutes behind closed doors with a U.S. federal judge on Wednesday to discuss the case involving a tanker carrying Kurdish crude that has been trapped in legal limbo since late July but no action was taken.  More »

Oil rally fizzles as Kurds reach deal on exports with Iraq

The deal allows the shipment of 300,000 barrels a day of Iraqi Kirkuk blend to Turkey’s Mediterranean port of Ceyhan along a pipeline operated by the Kurds.  More »

Iraq reaches major oil deal with Kurds

Earlier this year, Baghdad cut the 17 percent of the state budget that is supposed to go to the Kurdish region.  More »

Oil trims rally as investors weigh OPEC’s inaction on supply

Futures dropped as much as 1.4 percent in London, decreasing for the sixth time in seven days.  More »

Marathon Oil, Total strike oil in Kurdistan

The Houston-based independent oil and gas company said Monday that the Jisik-1 exploration well discovered multiple stacked oil and natural gas producing zones at its Harir Block in the northern reaches of Iraq.  More »

Iraqi ambassador says negotiations continue with Kurdistan over oil

Iraq’s ambassador to the United States said Friday that he “sees positive signs” in the recently launched negotiations between Iraq and Kurdistan regarding oil revenue-sharing agreements, among other points of dispute.  More »

Islamic State fuels terrorist operations with oil production

Oil production has provided the extremist Sunni group with a significant source of revenue, even though the Islamic State produces only a fraction of the oil capacity from the territory it controls and likely sells its oil at a deeply discounted price on the black market.  More »

Judge lifts order for seizure of disputed oil from tanker

A judge has lifted an order for marshals to seize disputed crude if it’s brought to U.S. waters from a tanker anchored off Galveston, but it’s unlikely the crude will reach port anytime soon.  More »

Half-price Kurd oil threatens Iraq breakup with Turkish help

A tanker containing a million barrels of crude oil is floating around the Mediterranean, and its cargo is available at half-price. Yet if any country seizes the bargain, it may be pushing Iraq closer to disintegration.  More »

Iraq considers more actions against Exxon for Kurd oil venture

Iraq is considering additional measures against Exxon Mobil Corp. over deals the company signed with the semi-autonomous Kurdish region, Deputy Prime Minister for Energy Affairs Hussain al-Shahristani said.  More »

Marathon reports new oil and gas find in Iraq

Marathon Oil Corporation said Wednesday it had found multiple stacked oil and natural gas producing zones at a Kurdish exploration well.  More »
Page 1 of 212