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Kurdish arc: who will control the oil business of Kurdistan

The decision on state independence of the region may lead not only to the formation of a new country and statehood the largest divided people in the world. During the war in Syria and Iraq, the Kurdistan Association of investors mainly from the protracted conflict, the PKK and Turkey, and …

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The cost of Brent crude is trying to hold near $45 per barrel

World prices for “black gold” on Wednesday morning are trading mixed in electronic trading on the London and new York stock exchanges. Futures for oil Brent with delivery in June on London’s ICE Futures exchange was down 0.55% to $44,97 per barrel. June futures for light oil WTI on the …

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The G7 countries will invest in oil and gas industry

The countries “the seven” have agreed to invest more actively in the development of the oil and gas industry. It is reported TASS with reference to the joint statement of energy Ministers of the G7, issued after a two-day meeting in the Japanese city of Kitakyushu. “We stress the importance …

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The merger of American oil service companies cancelled

The largest deal in the oil services industry — the Union of American companies Halliburton Company and Baker Hughes — cancelled. The company announced on Sunday, may 1, that terminated the merger agreement. The decision was made in the face of opposition to the deal from antitrust regulators and the …

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