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Bombing kills 12 at Iraq army recruiting center

A suicide bomber blew himself up at a military recruiting center in Baghdad on Thursday, killing at least 12 people – an attack that was likely retaliation for the Iraqi government’s campaign to retake two cities overrun by al-Qaida militants. The attacker detonated his explosives outside the recruiting center in the city’s central Allawi neighborhood as volunteers were waiting to register inside, according to a police official. At least 25 people were wounded in the blast, he said. A hospital official confirmed the casualty numbers. Both officials spoke on condition of anonymity because they were not authorized to talk to the media. There was no immediate claim of responsibility, but suicide attacks are the hallmark of al-Qaida’s Iraq branch, known as the Islamic State of Iraq and the Levant. Its fighters last week overran parts of the key cities of Fallujah and Ramadi, both […]

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Iraqi Kurds announce start of crude flow to Turkey

The authorities in Iraq’s self-ruled northern Kurdish region say they’ve unilaterally started exporting crude oil through Turkey despite objections by the central government in Baghdad. The Kurds’ regional Natural Resources Ministry said in a statement late Wednesday that pumping started in early January. The oil is being shipped north through a newly constructed pipeline to the Turkish port of Ceyhan, bypassing Baghdad. The Kurdish ministry has invited companies to participate in a January tender for the 2 million barrels already deposited in Ceyhan. It anticipates an increase in exports to 4 million barrels in February and 6 million barrels in March, with the goal of 10-12 million barrels in December. Kurds and Arab-led government in Baghdad have been in a long-running dispute over who is in charge of oil exports. © 2014 The Associated Press . All rights reserved. This material may not be published, broadcast, […]

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U.S. Leverage in Iraq Tested As Fears of Civil War Mount

Iraq’s Shiite-led government paused on Wednesday on the brink of a military assault against al Qaeda-linked Sunni militants that posed the risk of exacting a high civilian toll and plunging the country deeper into sectarian conflict. Senior U.S. officials, including Vice President Joseph Biden, have urged Iraq’s Prime Minister Nouri al-Maliki to secure the support of local Sunni leaders before attacking to drive the extremists from Fallujah, which sits in the heartland of Iraq’s Sunni minority. Many Sunni tribal leaders, alienated and angered by Mr. Maliki, have refused. The standoff tests the U.S.’s remaining leverage in Iraq, which has declined since American forces fought alongside Iraqis to subdue Islamist fighters in Fallujah in two large battles during the nearly decadelong U.S.-led occupation. In the latest incursion, armed Sunni extremists seized control of Fallujah and parts of Ramadi, capital of Anbar province, more than a week ago. The fighting has […]

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Kurdistan to Sell Oil Via Pipeline to Turkey in January

The autonomous Iraqi region of Kurdistan said Wednesday it plans to sell the first two million barrels of oil exported through its controversial new pipeline to Turkey at the end of the month. In a statement posted on Kurdistan Regional Government’s website, it said prospective buyers would be able to lift the oil shipments from the Turkish port of Ceyhan under arrangements similar to those used by the Iraq State Oil Marketing Organization. The prospect of independent exports from Kurdistan to Turkey has infuriated Baghdad, which claims it has sole authority to market Iraqi oil. Baghdad’s refusal to approve an oil-supply deal between Kurdistan and Turkey announced in December delayed the start of flows through the pipeline until this month. Kurdistan already sends some oil to Turkey on trucks, but the pipeline will allow it to rapidly increase these volumes. Kurdistan says it expects exports to increase to four […]

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Grim Sequel to Iraq’s War

For two years, President Obama has boasted that he accomplished what his predecessor had not. “I ended the war in Iraq,” he has told audience after audience. But a resurgence by Islamic militants in western Iraq has reminded the world that the war is anything but over. What Mr. Obama ended was the United States military presence in Iraq, but the fighting did not stop when the last troops left in 2011; it simply stopped being a daily concern for most Americans. While attention shifted elsewhere, the war raged on and has now escalated to its most violent phase since the depths of the occupation. The turn of events in a country that once dominated the American agenda underscores the approach of a president determined […]

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ExxonMobil rig up at al-Qush, drilling at Pirmam

ExxonMobil rig up at al-Qush, drilling at Pirmam ExxonMobil has spudded at the Pirmam block in Erbil province and has erected a rig in preparation for drilling at the al-Qush block in Ninewa province, breaking ground for the first time in the super major’s six-block deal with the autonomous Kurdistan region.Visits to the areas near both drilling sites show Exxon has mobilized Weatherford rig 888 to al-Qush, though drilling has not started, and Weatherford rig 887 to Pirmam, at the well called Maseif-1."Drilling operations in the region…

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KRG says independent tanker loadings to begin

KRG says independent tanker loadings to begin The Kurdistan Regional Government (KRG) has announced that it will market crude from oil fields under its control sent autonomously of Iraq’s central government to the Turkish port of Ceyhan in a pipeline it claims as its own, with the first shipment up for sale before the end of January.On the KRG’s website late on Jan. 8, the Ministry of Natural Resources (MNR) gave “public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region’s new…

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Syrian Rebels Deal Qaeda-Linked Group a Reversal

Lebanon — For months, the patchwork of rebel brigades spread across northern Syria watched with foreboding as a new group gradually expanded its control, filling a vacuum left by nearly three years of war. The group, the Islamic State of Iraq and Syria, which is linked to Al Qaeda and known as ISIS, seemed less interested in fighting President Bashar al-Assad than in imposing its ultraconservative version of Islam, antigovernment activists said. It banned smoking, ousted other rebels from their bases, and detained and executed those it decided were opposed to its international jihadist project. Last week, mounting tensions between the Islamic State of Iraq and Syria and other rebel groups exploded into clashes that have raged across northern Syria, left […]

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Abu Dhabi to Operate Main Onshore Oil Fields Alone

Abu Dhabi said it would continue to produce and market crude alone from its main onshore oil fields after a shared license to run the fields expires later this month. State-run Abu Dhabi National Oil Co., known as Adnoc, said Wednesday it wouldn’t renew its 75-year oil-production agreement with BP BP.LN +1.04% BP PLC U.K.: London GBp 498.00 +5.15 +1.04% Jan. 9, 2014 11:27 am Volume : 5.77M P/E Ratio 6.14 Market Cap GBp92.08 Billion Dividend Yield 4.66% Rev. per Employee GBp2,864,460 01/08/14 Abu Dhabi to Operate Main Onsh… 01/03/14 Reliance Industries to Up Outp… 01/01/14 Asian Refiners Get Squeezed by… More quote details and news » BP.LN in Your Value Your Change Short position PLC, Exxon Mobil Corp. XOM -0.33% Exxon Mobil Corp. U.S.: NYSE $ 100.74 -0.33 -0.33% Jan. 8, 2014 4:00 pm Volume (Delayed 15m) : 11.07M AFTER HOURS $ 100.74 0.00 0.00% Jan. 8, 2014 […]

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Libyan Rebels Say Oil Companies Eager to Buy Crude From East

Rebels in east Libya , who last year declared the region semi autonomous, said oil companies are eager to buy their crude and offered to protect tankers after the government’s navy blocked one such vessel from loading. “Companies are fighting to make contracts,” Salem Al Jedran, whose brother Ibrahim is the self-appointed leader of Cyrenaica, Libya’s eastern coastal region, said by phone today. “We will use Es Sider, Hariga and Ras Lanuf,” he said, referring to three of the country’s largest export facilities that have been disrupted since the middle of last year. The region’s Libyan Oil and Gas Corp. sent a letter to international oil companies yesterday offering to ensure the safety of tankers loading at Es Sider, the biggest port. The notice was distributed days after a vessel was stopped from going to the facility by the central govermnent’s navy. Libyan Prime Minister Ali Zaidan said today […]

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