Tag Archives: Referendum

OPEC’s de facto leader. Saudi Arabia. needed to hit the $60 benchmark in order to feel safe in authorizing its state-run firm. Saudi Aramco’s. initial public offering.

The September 25 independence referendum in oil-rich regions of Iraqi Kurdistan and Kirkuk led to a military operation driven by the Iraqi government forces.

The situation is complicated and likely to continue until the dust from the Kurdistan independence referendum settles.

Large police troops were dispatched to Kirkuk oil fields as part of a plan to secure oil facilities there.

Since the 2003 U.S.-led invasion of Iraq. oil-rich Kirkuk has remained the subject of dispute between Baghdad and the Erbil-based KRG.

BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.

Al-Luaibi said all the oil fields in the province are back under government control.

Oil prices recently have become more sensitive to supply threats. such as the situation in Kirkuk.

The federal government has sent troops into areas around Kirkuk and soldiers haven’t entered the city boundaries.

Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.