Reuters reports that Russia is talking directly with Iraq’s oil-rich Kurdistan region about investment opportunities there, Russia’s ambassador to Iraq said on Tuesday, a strategy that could irritate Iraq’s central government. Baghdad is at odds with the semi-autonomous northern region and has strongly opposed oil deals the Kurds have signed independently with foreign companies. The […]
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TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) have signed an agreement to establish a joint venture aimed at identifying potential projects to acquire, develop and operate oil and gas fields on the territory of Iraq.