Iraqi Kurdistan has shipped over 8 million barrels of oil from the Turkish port of Ceyhan since May, sources and energy officials said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad.
Sources and energy officials had told Reuters that the sales from Ceyhan via the autonomous regions new pipeline were more than 8 million barrels in 11 tankers.
A US court threw out an order to seize some 1 mil
Iraqi Kurdistan has shipped over eight million barrels of oil from the Turkish port of Ceyhan since May, sources and energy officials said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad.
The capacity of Iraqi Kurdistan's independent oil pipeline will almost double to at least 200,000 barrels per day by the end of this month, helping the semi-autonomous region increase exports and revenue, industry sources and officials said.
Oil production from Iraqi Kurdistan remains unaffected despite an incursion by Islamic State militants along the autonomous region's border, its Ministry of Natural Resources said in a statement on Saturday.
The US launched ai
Dana Gas, the United Arab Emirates energy firm, said on Wednesday that its second-quarter net profit jumped 70 percent as production across the group rose.
Dana made a net profit of 169 million dirhams ($46.0 million), the company
After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good.
Seemingly unable to find enough buyers willing to take a risk on million-barrel c
Baghdad wants to settle a high-stakes dispute over $100 million worth of Kurdish crude oil in Iraq's courts, although the oil is sitting in a tanker off the coast of Texas, a US court filing has said.
Iraq's central govern
A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a US judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be s
Iraq's autonomous Kurdish region has begun to pump oil from Kirkuk fields previously controlled by Iraq's central government into the pipeline system that runs in its own territory, a senior Iraqi oil official said on Thursday.