Tag Archives: Referendum

Kirkuk’s oilfields had been under Kurdish control since 2014.

Kirkuk is one of the largest oilfields in the Middle East. estimated to contain around nine billion barrels of recoverable oil.

Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.

Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.

Foreign investments are the only way for Iraq’s reconstruction to move forward.

Iraq is in full agreement with OPEC members that the freeze should continue.

Kirkuk crude sales have been halted since Iraqi forces took back control of the fields in October.

In southern Iraq. Chevron is one of the major foreign companies—alongside France’s Total and Petrochina.

The exporters group will look to keep prices within the so-called ‘shale band’.

Iraq'.s monthly oil revenues rose 27.4 percent in November compared with September.