In June 1919, aboard an Allied warship en route to Paris, sat Damat Ferid Pasha, the Grand Vizier of a crumbling Ottoman Empire. The elderly statesman, donning an iconic red fez and boasting an impeccably groomed mustache, held in his hands a memorandum that he was to present to the Allied powers at the Quai d'Orsay. The negotiations on postwar reparations started five months e
Read MoreThis story was published before the claims were filed. The claim in Texas was confirmed filed the evening of Sept. 4, and the claim in Greece was filed mid afternoon on Sept. 5. Iraq's central government is filing new legal claims in its ongoing battle to prevent the autonomous Kurdistan region from independently exporting oil to international markets. On Thursday, lawyers re
Read MoreMinistry of Oil of Iraq, said that it had begun legal proceedings against a Greek shipping company for managing vessels loaded with disputed crude from the semi-autonomous Kurdistan region. The oil ministry confirmed in a statement that it had opened the case at the Court of Piraeus in Greece against Marine Management Services (MMS). The case charges that MMS “actively facilita
Read MoreErbil (IraqiNews.com) The Emirati Abu Dhabi National Energy Company (TAQA) assured suspending its performance in Kurdistan Region. The suspension was due to the latest security updates near Erbil province. Recently, the terrorist groups of the Islamic State in Iraq and the Levant started military threats for Erbil province. /End/
Read More(Reuters) - 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 revenues are a lifeline for the Kurdish Regional Government (KRG) in northern Iraq, whose peshmerga forces are being supp
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