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Northern Iraq

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  1. Iraqi Kurdistan
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Turkey's State Oil Company To Develop Oil Projects In Kurdistan With Exxon -Erdogan

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 ...

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  1. Exxon tells Iraq wants to quit West Qurna oilfield: officials

    Exxon Mobil has told Iraq's government it wants to sell its share in the West Qurna-1 oilfield, Iraqi officials said on Wednesday, the first official confirmation th...

  2. OPEC output rises, offsets more Iran shrinkage: survey

    OPEC oil output has risen slightly in October as extra supplies from Iraq, Angola and Libya have offset disruptions in Nigeria and a further decline in Iran to its l...

  3. OIL FUTURES: Crude Settles Up 23 Cents at $86.28/Bbl; All Eyes on Sandy

    Crude oil futures prices settled modestly higher Friday as the market fixated on the potential track of Hurricane Sandy as it heads up the East Coast.Prices of heati...

  4. OIL FUTURES: Crude Ticks Lower as Volatility Eases

    Crude-oil futures ticked lower Friday in London ahead of important U.S. employment data due later in the global day, with no sign of the wild price swings seen in th...

  5. Iraq, Kurds May Reach Draft Oil Law Pact Soon

    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...

  6. OIL FUTURES: Crude Claws Back Losses But Remains Demand-led

    Crude-oil futures rose Thursday, clawing back some of the previous session's heavy losses on the prospect of unrest in Syria spreading into the wider region, but thi...

  7. Total Still Investing In Kurdistan Oil Despite Baghdad Threats

    Total SA (TOT) still sees tremendous potential for oil exploration in Kurdistan and has continued to invest there despite warnings from the Iraqi central government ...

  8. Around the World: Pot factory found in Rome subway tunnel

    Smell led Italian police to the cannabis

  9. CIA helping Syrian rebels?

    Report: Intelligence agency helping Turkey supply rebels with weapons to fight Assad regime

  10. RPT: CIA Helping Syrian Rebels Get Weapons

    CIA has no comment

  11. Syria and Iran cooperating on shadow army

    Leveraging diplomatic strength with Syria - Is Turkey the answer?

  12. Iraq Barred Exxon From May Energy Auction Over Kurdish Deal

    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...

  1. Sabotage' Halts Northern Iraq Oil Exports

    Iraq's oil exports from northern Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey have been on hold since late Sunday due to an "act of sabotage" agai...

  2. Crude Futures Down as Investors Take Profit

    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...

  3. Iraq Cabinet Urged to OK BP Talks on Kirkuk Upgrade

    Iraq is considering a multi-billion-dollar deal with U.K. oil major BP PLC (BP) to double the output from the country's giant Kirkuk oil field in northern Iraq, a se...

  4. Iraq December Oil Exports Down 11% On Month

    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...

  5. Total Says Unclear if Iraq Wants it to Exit Halfaya

    Total S.A.'s (TOT, FP.FR) chief executive Christophe de Margerie said Sunday that it is not clear if Iraq wants the French oil giant to withdraw from a major souther...

  6. Iraq says Exxon to quit oilfield, ends Turkey TPAO deal

    Exxon Mobil has informed the Iraqi government it wants to pull out of a $50 billion oil project, and Baghdad expelled Turkey's state oil operator from another contra...

  7. Exxon tells Iraq wants to quit huge oil project

    Exxon Mobil has officially informed Iraq's government it wants to pull out of a $50 billion oil project, telling Baghdad in a letter it has started talks with other ...

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