Iraq’s semi-autonomous Kurds reasserted their right to sell $100 million of crude on board a tanker off the Texas coastline after the government in Baghdad persuaded a U.S. judge to order the cargo’s seizure.
From Kurdistan to Somaliland, for independent oil companies, getting your hands on new exploration acreage where both technical risk and political risk are low is impossible. Exploring for oil and gas in new frontiers is all about striking the right balance between geological potential and political risk.
Canadian oil and gas research analysts Josef Schachter and Martin Pelletier share some of their best money-making strategies moving forward and list four top junior stock picks that could get cheaper before they get expensive.
As tensions rise among Iraqi Kurds in the country's north, Sunnis in the south and the Shi'ite-led government in Baghdad over the distribution of natural resources, Turkey is setting its sights on an unconventional alliance.
As multinational military forces have left Iraq , international petroleum companies have eagerly descended -- seduced by the long-term potential of vast oil reserves off-limits to foreigners for decades.