Skip to: Content
Skip to: Site Navigation
Skip to: Search
TUESDAY, FEBRUARY 9, 2010
 |  Follow Newser on Twitter   Friend Newser on Facebook   Subscribe to Newser's RSS feeds   Subscribe to Newser emails Newsletters


0

Hunt Oil Signs Kurdish Deal, Slights Baghdad

Company will explore in northern Iraq without central approval

Share

(Newser) – Dallas-based Hunt Oil  has signed a deal to prospect for oil in in the northern Iraqi region of Kurdistan. Hunt is the latest of several small oil companies bypassing Baghdad to deal directly with regional authorities, underscoring Kurdistan's increasing independence from the Iraqi central government, which has been unable to pass a petroleum law drafted early last summer.

Kurdistan's petroleum make up only a tiny fraction of the country's oil reserves, estimated to be the third-largest in the world. But the area is Iraq's least violent, and the war, along with the lack of legal framework, makes most exploration impossible.

Oil tankers are filled in al-Bakir Harbor in Basra, Iraq, 550 kilometers (340 miles) southeast of Baghdad, Iraq Sunday, July 15, 2007. (AP Photo/Nabil al-Jurani)
Oil tankers are filled in al-Bakir Harbor in Basra, Iraq, 550 kilometers (340 miles) southeast of Baghdad, Iraq Sunday, July 15, 2007. (AP Photo/Nabil al-Jurani)   (Associated Press)
An oil worker tightens oil pipes in al-Bakir Harbor in Basra, Iraq, 550 kilometers (340 miles) southeast of Baghdad, Iraq Sunday, July 15, 2007. (AP Photo/Nabil al-Jurani)
An oil worker tightens oil pipes in al-Bakir Harbor in Basra, Iraq, 550 kilometers (340 miles) southeast of Baghdad, Iraq Sunday, July 15, 2007. (AP Photo/Nabil al-Jurani)   (Associated Press)
A man drives away after fueling up at a gas station, Monday, July, 2, 2007, in Seattle. Oil prices rebounded Monday from early declines to settle above $71 for the first time in 10 months as traders focused on a refinery outage in Kansas and new accusations about Iran's role...
A man drives away after fueling up at a gas station, Monday, July, 2, 2007, in Seattle. Oil prices rebounded Monday from early declines to settle above $71 for the first time in 10 months as traders focused...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
2.9.10
It’s the Sex, Stupid   
2.8.10
For Me, Palin Scores
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

367 Stories

UPDATED

 31 Dead in 3 Blasts 
 Near Baghdad Hotels 

Explosions hit popular district bordering Green Zone

Jan 25, 10 8:29 AM CST

31 Dead in 3 Blasts Near Baghdad Hotels

Explosions hit popular district bordering Green Zone

(AP) - Three large blasts have struck a hotel and restaurant district popular with Western journalists and businessmen along the Tigris River in Baghdad. At least 31 people have been killed and scores more wounded. The first blast struck at about 3:40pm, near the Sheraton Hotel, just across the Tigris River... More »

 Biden: US 
 Will Appeal 
 Blackwater 
 Dismissal 

Vice president expresses his 'personal regret' for the case's outcome

Jan 23, 10 1:35 PM CST

Biden: US Will Appeal Blackwater Dismissal

Vice president expresses his 'personal regret' for the case's outcome

(AP) - Joe Biden said today the US will appeal a court decision dismissing manslaughter charges against five Blackwater guards involved in a deadly 2007 Baghdad shooting. Biden expressed his "personal regret" for the shooting and said the Obama administration was disappointed by the dismissal. "A dismissal is not an... More »

 'Jesus Rifles' Draw Fire 

US military firearms with coded messages raise issue of 'crusade'

Jan 18, 10 6:20 PM CST

'Jesus Rifles' Draw Fire

US military firearms with coded messages raise issue of 'crusade'

(Newser) - A rifle scope commonly used by the US military is inscribed with references to the Bible. The scopes, made by Trijicon of Michigan, bear codes that refer to verses glorifying God and Jesus—even though the military, leery of being accused of waging a Crusade, bans proselytizing in Iraq and... More »

367 Stories


On Iraq and oil
Global Policy Forum

 
Iraq • oil • Kurdistan • Iraq government • Hunt Oil • Iraq war

from our news partners

Please wait, content is loading
Please wait, content is loading

Just For Laughs

Loading...