Kurdish forces seize some oil wells from Iraqi control

Author of the article: KIRKUK — Forces from the regional Kurdish government have taken control of some oil wells in northern Kirkuk, Iraq’s state-run North Oil Company said in a statement on Saturday. It said the forces arrived with a technical team from the Kurdish region and took over some of the oil wells in…
Kurdish forces seize some oil wells from Iraqi control

Author of the article:

KIRKUK — Forces from the regional Kurdish government have taken control of some oil wells in northern Kirkuk, Iraq’s state-run North Oil Company said in a statement on Saturday.

It said the forces arrived with a technical team from the Kurdish region and took over some of the oil wells in the Bai Hassan oilfield, which is controlled by the North Oil Company.

The statement did not say when the forces arrived and whether they were still there.

Iraqi forces took back control of Kirkuk oilfields from the Kurds in 2017 following a referendum on Kurdish independence.

Baghdad responded to the plebiscite, in which Kurds overwhelmingly voted for independence, by dislodging Kurdish Peshmerga fighters from territories claimed by both Baghdad and the Kurds, including the oil city of Kirkuk.

Kirkuk’s oilfields had been under Kurdish control since 2014, when the Iraqi army collapsed in the face of Islamic State. The Kurdish move prevented the militants from seizing the region’s oilfields.

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Hong Kong leader says plans to review COVID restrictions on Monday
Read More

Hong Kong leader says plans to review COVID restrictions on Monday

Author of the article: HONG KONG — Hong Kong leader Carrie Lam said on Sunday she plans to review COVID-19 restrictions on Monday, just days after acknowledging that many financial institutions were “losing patience” with coronavirus policies in the financial hub. The Chinese-ruled city has some of the most stringent COVID-19 rules in the world,…
Gold inches down as U.S. bond yields bounce back
Read More

Gold inches down as U.S. bond yields bounce back

Author of the article: Gold dipped slightly on Tuesday, as a recovery in U.S. Treasury yields from last week’s one-month lows reduced the appeal of non-yielding bullion, with a strong dollar also piling on. FUNDAMENTALS * Spot gold was down 0.1% at $1,807.93 per ounce, as of 0101 GMT. U.S. gold futures rose 0.4% to…
Blasts kill 3 in Russian border city, lawmaker blames Ukraine
Read More

Blasts kill 3 in Russian border city, lawmaker blames Ukraine

Author of the article: Reuters Pavel Polityuk and Simon Lewis and Nick Starkov KYIV/KONSTYANTYNIVKA — At least three people were killed and dozens of homes damaged by blasts in the Russian city of Belgorod near the Ukraine border, the regional governor said on Sunday, while Ukrainian forces hit a Russian military base in occupied southern…
Transaction in Own Shares
Read More

Transaction in Own Shares

Author of the article: Transaction in Own Shares 16 August 2022 • • • • • • • • • • • • • • • • Shell plc (the ‘Company’) announces that on 16 August 2022 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:…