Genel Energy Plc, the biggest oil and gas operator in Kurdistan, said its output this year will be higher than currently estimated if the Kurds and Iraq’s central government agree on oil exports to Turkey.
Ukrainian President Viktor Yanukovych signed a peace agreement with opposition leaders that calls for early elections and reduced presidential powers in a bid to halt a deadly, three-month political crisis.
Ukrainian leader Viktor Yanukovych agreed to a plan to resolve the nation’s deadly political crisis as his opponents demanded the deal go further, including a call for presidential elections to be held as soon as possible.
European Union governments imposed sanctions on Ukrainian officials, and the country’s parliament rejected President Viktor Yanukovych’s crackdown following the deadliest day of protests in the capital Kiev.
Ukraine’s leader agreed to an early presidential ballot and called for a national unity government to halt a deadly three-month political crisis. The opposition is seeking approval for the offer from protesters in Kiev.
DNO International ASA, the first foreign oil company to drill in Iraq following the 2003 U.S.-led invasion, said doubling output capacity from its major field in the Kurdistan region would help resolve a conflict over exports.