An oil refinery construction agreement between Iraq's Mosul province and the Kurdish Regional Administration was signed on Monday, says Mosul governor.The agreement includes the sharing of oil extracted from the disputed areas between Mosul and the Kurdish Regional Administrationm (KRG) in support of the Mosul province, said Nujaifi and added, "This agreement will change Iraq'
Read MoreERBIL - The consortium managing the only producing natural gas field in Iraq's autonomous Kurdistan region is taking the Kurdistan Regional Government (KRG) to court, alleging overdue payments that are likely to total over $2 billion. The dispute threatens to send an uncharacteristically chilling signal to foreign companies that have generally lauded the KRG's Ministry of Natur
Read MoreDownload PDF 1-Introduction The Middle East is in a state of turbulence, politically as well as in terms of its position with regard to Energy, and Iraq would seem to be an apparent case of this turmoil. The Kurdistan Regional Government (KRG) has begun to export crude oil directly to world oil markets through Turkey. The KRG began exporting its own very light oil, or condens
Read More