Though its government said it’s struggling financially, Gulf Keystone Petroleum said it was still getting paid for oil exported from the Kurdish north of Iraq. Gulf Keystone Petroleum, which has headquarters in London, said the Kurdistan Regional Government authorized payment of $15 million for oil exported from the Shaikan oil basin in the region in January. “We are pleased to continue receiving regular monthly payments for Shaikan crude oil exports in 2016,” CEO Jon Ferrier said in a statement. MOL Hungarian Oil and Gas said earlier this year it relinquished its holdings in the Akri-Bijeel block in the Kurdish north of Iraq in agreement with its British partners at Gulf Keystone Petroleum and the KRG after an assessment of the block potential. Both companies […]