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Genel’s Kurdistan Oil Production Jumps After Pipeline Opens

Genel Energy is among the major oil and gas investors in Kurdistan.

  Genel Energy Plc (GENL), the oil explorer headed by former BP Plc Chief Executive Officer Tony Hayward, said production jumped in June after Iraq’s Kurdistan region opened an export pipeline to Turkey. Net production averaged 84,000 barrels a day in June compared with a 63,000 barrels-a-day rate for the whole of the …

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Kurdish Oil Export Deal With Turkey a ‘Slam Dunk’

Israel has bought oil from the Kurdistan Region several times.

Iraq’s Kurds have succeeded tactically in boosting their economic and political leverage as they push towards greater independence. Since the country’s second biggest city, Mosul, fell on June 10 to militant groups, the Kurdish leadership has worked quickly and systematically to advance its interests as Sunni and Shiite politicians squabble …

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