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Turkey's state-run oil firm has struck an agreement with U.S. oil giant Exxon Mobil Corp. (XOM) to develop joint projects in Kurdish-administered northern Iraq, the country's Prime Minister Recep Tayyip Erdogan said Tuesday.Mr. Erdogan also said that Turkey can pursue separate arrangements with the Erbil-based Kurdistan Regional Government, or KRG."Countries from various parts of the world are taking steps to explore and produce oil in different parts of Iraq, and then deliver it to world oil markets. There's nothing more normal, more natural than Turkey, which provides all kinds of support and aid to its next-door neighbor, to take a step that is based on mutual benefit," Mr. Erdogan said.The prime minister's statements, just before leaving for the U.S. to meet with President Barack Obama, contrast sharply with a carefully-honed policy in Ankara. Turkish officials have consistently called for the territorial integrity of Iraq and reiterated that they won't pursue any deals that would ...
Exxon Mobil wants to leave its giant oilfield project in southern Iraq, diplomatic sources said, in a move likely to aggravate the country's internal tensions and ha...
Exxon Mobil wants to leave its giant oilfield project in southern Iraq, diplomatic sources said, in a move likely to aggravate the country's internal tensions and ha...
The chief executive of Gulf Keystone should not be considered a credible witness in a dispute over prized Kurdistan oil fields, a lawyer for Excalibur Ventures, whic...
Dana Gas and Crescent Petroleum expect that the recent multi-million-dollar oil payment by Baghdad to the Kurdistan Regional Government (KRG) means they will get pai...
The federal government in Baghdad and the semi-autonomous region of Kurdistan in northern Iraq could soon reach an agreement on a new draft hydrocarbon law that woul...
Barclays senior geopolitical strategist Helima Croft argues the biggest threat in the oil market is Iraq.
The second-largest U.S. energy company, Chevron Corp. (CVX), will be barred from contracts in central and southern Iraq because the California company bought stakes ...
The second largest U.S. energy company Chevron Corp. (CVX) will be barred from contracts in central and southern Iraq because the Californian company bought stakes i...
Days after announcing an expanded partnership in the Russian arctic, Rosneft is reportedly in talks with ExxonMobil (NYSE:XOM) to nab a 20% stake in the U.S. oil maj...
Exxon barred from Iraq energy auction over Kurdish deals-Iraq asked company to choose between Kurdish and central government deal-Iraqi official warns Exxon could fa...
Shares of Afren PLC, the London independent oil-and-gas company, surged 8% on Tuesday. The company said that at the Simrit-2 exploration well in the Kurdistan region...
The Iraqi oil ministry is still considering whether to allow Exxon Mobil Corp. (XOM) to bid in a new Iraqi energy licensing auction, lifting a ban that was imposed o...
Austrian oil and gas company OMV AG (OMV.VI) Thursday said an extended well test, or EWT, started production from the Bina Bawi-3 well in the Kurdistan region of Ira...
AMMAN, Jordan--The Iraqi parliament Thursday passed a budget for 2013 that allocated to Kurdistan just a fraction of the oil revenue requested by the semi-autonomous...
OAO Gazprom Neft (SIBN.RS), the oil arm of Russian state energy giant OAO Gazprom (GAZP.RS), has entered a third project in the semi-autonomous Kurdistan region, the...
Brent crude oil futures retreated Monday after 13 straight sessions of gains as traders took profits.At 1058 GMT, the March Brent contract on London's ICE futures ex...
Rex Tillerson, CEO of ExxonMobil recently met separately with Iraqi Prime Minister Nuri al-Maliki and Kurdistan Regional Government Prime Minister Masoud Barzani to ...
Iraq's crude oil exports in December fell by 11% because of bad weather in southern oil export terminals and suspension of exports from the Kurdistan region in north...
The Obama administration should pressure Exxon Mobil to slow down dealings with Iraqi Kurdistan as they could worsen disputes between Baghdad and the northern provin...
