1.
U.S. markets recover from steep losses
BAGHDAD, Nov. 28 (UPI) -- An Iraqi government official said Kurds in the province of Dahouk have been granted permission to export crude oil to international markets.
Iraqi Oil Minister Hussain Shahristani visited the region recently, after which ministry spokesman Asem Jihad said the Kurds had permission to ship oil to Turkey using a twin Iraqi pipeline.
The official did not say who would receive royalties from the shipments, but Kurds said production should reach 250,000 barrels a day by the end of next year. The three main oilfields in Dahouk should produce 1 million barrels a day in time, the Iraqi daily newspaper Azzaman reported Friday.
Azzaman said the Kurdish enclave in Iraq includes billions of barrels in three provinces: Dahouk, Arbil and Sulaimaniya.
Kurds are also interested in annexing the province of Kirkuk, where reserves are estimated at more than 15 billion barrels, the newspaper said.
|
|
|
|
|
|
| Additional Business News Stories | |
WASHINGTON, May 24 (UPI) --
Louisiana legislators were praised by a consortium of environmental groups for outlining a 50-year plan to protect the coastal ecosystem.
|
LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
