Marc Kolber, a native of Long Island, has spent more than three years overseeing the construction of offices for foreign oil companies in Iraqi Kurdistan. Now he’s joining an exodus of expatriates from the capital, Erbil.
A dispute over control of Kirkuk and Iraq’s fourth-largest oilfield between the central government in Baghdad and Kurdish regional officials should be resolved with a local vote, according to the country’s ambassador to the UK.
Petroceltic International today confirmed it suspended production and withdrew all non-essential staff from its operations in the Kurdistan Region of Iraq.
Brent and West Texas Intermediate crude climbed for a second day after U.S. President Barack Obama authorised air strikes in Iraq, the second-biggest oil producer in the Organization of Petroleum Exporting Countries.
A landmark legal bid to have obese people officially classed as disabled could have “widespread and expensive” consequences for businesses, a leading Scottish law firm has warned.
Infinis Energy, a renewable-power company backed by Guy Hands’s venture capital fund, said it is holding off on a decision on whether to build two wind farms until Scotland decides whether it will remain part of the UK.
North Sea oil and the key role it will play after Scotland's independence decision has boiled to the top of the debate agenda as the historic vote in September approaches.
The Kurdistan Regional Government could double its oil production in the next year and triple it within a decade, according Goldman Sachs Group.
The semi-autonomous region is currently locked in a battle with the Iraqi government over its right to export crude.
As modern Iraq collapses, the northern region of Kurdistan is emerging as an oasis of relative calm -- with plenty of oil to support its political ambitions for independence.
With the advance of Islamist rebels deep into Iraq, autonomous Kurdistan is increasingly rejecting Baghdad’s claims over its oil. Last week Kurdish leader Massoud Barzani seized control of fields near Kirkuk, in the latest move by Kurdistan to assert control over the region’s oil.
Exploration in the North Sea has continued to plummet due to ever spiralling costs and firms taking a “wait and see” approach to new regulation and taxes, new research has found.
The Government’s Transport Select Committee recently published its report into offshore helicopter safety. It followed the deaths of four passengers when a Super Puma helicopter ditched into the North Sea on 23 August 2013.
The £15million funding by the UK Government towards the new energy regulator will ensure the body can address the industry's needs as soon as possible, believes a Scotland Office Minister.
An independent Scotland would be “unlikely to be able to provide the same level of support” to the oil and gas industry, a leading UK Government minister has claimed as a review of tax arrangements for the industry is launched.