Attacks on oil facilities have cost Yemen $4.75 billion in two years

Attacks on oil facilities have cost Yemen $4.75 billion in two years

Special to WorldTribune.com CAIRO — Anti-government tribes have attacked a Western-operated oil facility in Yemen. Officials said tribal fighters killed at least two soldiers in an attack on oil installations operated by Norway’s DNO in the southeastern province of Hadramaut. The officials said the Jan. 11 attack came after the tribes warned DNO to stop […]

Kurdistan turns off oil spigot: ‘There have been no payments’ from Baghdad

Special to WorldTribune.com BAGHDAD — Iraq’s autonomous Kurdistan has suspended crude oil exports. The Kurdistan Regional Government said the Iraqi Oil Ministry forced the suspension by halting revenues to energy contractors in the autonomous north. KRG said Baghdad withheld payment since May 2011. For its part, Baghdad has accused KRG of smuggling oil through Iran. […]