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Kurdish crude exports may reach 20,000 bpdDirect exports of crude oil from Kurdistan to Turkey may reach 20,000 barrels per day (bpd) in a few weeks, the chief executive of Genel Energy said, in a sign that a trade that officials in Baghdad see as illegal is set to grow. More… |
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Genel Energy plans North Africa expansionLondon-listed oil explorer Genel Energy announced deals that will help it to diversify into the Mediterranean and North Africa on Thursday, building on its strategy to expand outside its core region of Kurdistan. Genel s More… |
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Heritage, Turkey's Genel agree $6bn mergerUK-based oil explorer Heritage Oil said on Tuesday it had agreed to merge with Genel Energy International, a unit of Turkey's Cukurova Group, to create an oil producer focused on Iraqi Kurdistan worth around $5.5 billion. Heritage' More… |
