Special to WorldTribune.com BAGHDAD — Iraq has halted oil revenues to the autonomous Kurdish north. The Kurdish Regional Government (KRG) said Baghdad has been withholding pledged oil revenues since at least October 2011. KRG said it was owed $1 billion for 2011 alone. “Furthermore, not a single dollar has been received for exports in 2012,” […]
Special to WorldTribune.com BAGHDAD — Iraq has reported reaching a record in crude oil production. The government of Prime Minister Nouri Al Maliki and its Oil Ministry said Iraq has reached its highest level of oil production since 1979. The Oil Ministry has reported an output of more than three million barrels per day. Officials […]