Kurdish troops were defending Iraq’s fourth-biggest oilfield against Islamist militants after deploying outside their semi-autonomous region in the country’s north to seize the deposit claimed by the central government.
Kurdish troops pushed outside their semi-autonomous enclave in northern Iraq to protect the nation’s fourth-biggest oilfield from Islamist militants and take control of areas claimed both by Kurds and the central government.
Two semi-autonomous areas of northern Somalia have largely avoided the violence that’s plagued the rest of the country for decades. Now oil exploration may change that, according to the United Nations.
OAO Gazprom Neft , the oil arm of the world’s largest gas company, plans to produce crude off the coast of Equatorial Guinea within four years after signing an accord with the African nation’s state energy company today.