Federal forces are continuing a lightning advance to reassert control over Iraq’s disputed territories, including major oil fields formerly claimed by the autonomous Kurdistan Regional Government (KRG). Kurdish Peshmerga forces Continue Reading
Iranians quickly closed ranks against a hawkish new U.S. approach to Tehran, but Iran’s powerful hardliners are set to exploit the latest dispute with Washington to weaken domestic rivals who Continue Reading
Iraqi government forces captured the major Kurdish-held oil city of Kirkuk on Monday, responding to a Kurdish referendum on independence with a bold lightning strike that transforms the balance of Continue Reading
The Kurdish government in Iraq made good on an agreement to distribute a share of the production revenue from an oil field, a Norwegian company said Monday. Norwegian oil and Continue Reading
A month ago, Iraq’s Kurds raised their hopes for independence after voting overwhelmingly ‘Yes’ to break away from Iraq in a contentious referendum. Now, those dreams appear shattered after Iraqi Continue Reading
Following an FT report from Friday, Saudi Aramco tweeted on Saturday that it had no intention of shelving its plan for an initial public offering in 2018. The company called Continue Reading
State-owned Saudi Aramco has asked FTI Consulting ( FCN.N ) to suspend its investor relations advisory work related to the oil company’s planned initial public offering, people familiar with the Continue Reading
In what could be a humiliating decision, Saudi Aramco is considering not staging an IPO next year as planned, due to the difficulty of pulling off an international listing. On Continue Reading
Iraq’s state-run North Oil Company vowed to maintain continuity in production and exports of Iraq’s northern crude flows Monday after an advance by federal forces ousted Kurdish troops controlling parts Continue Reading
Iraqi federal forces and Kurdish Peshmerga soldiers began shelling each other on the southern outskirts of Kirkuk city early Monday, after Prime Minister Haider al-Abadi formally announced that he had Continue Reading
