The Kurdistan Region and the Iraqi government have reached an agreement to resume oil exports within 48 hours, Rudaw reported. The Kurdish side will be an official part of the sale of oil from Iraq and Kurdistan Region to the world markets
Crude oil loadings from Turkey’s Baku-Tbilisi-Ceyhan terminal in the Mediterranean have been suspended, following earthquakes that devastated Turkey and.
This article answers some of the key questions surrounding oil exploration and production in Iraq, including licensing requirements, royalties and joint ventures.