In this issue

The small buccaneers are giving way to the big drillers competing to explore this virgin territory

An ocean of reserves waiting to be tapped

The small buccaneers are giving way to the big drillers competing to explore Kurdistan’s virgin territory, writes Guy Chazan

Refining: Locals dominate downstream supply and demand

Region approaches self-sufficiency, writes Guy Chazan

Oil majors: Buyouts on the way as companies run legal risks to venture north

Takeovers of region’s smaller frontier players beckon, says Guy Chazan

Diversification: Regional government carves out pro-business identity

KRG uses resource boom to fuel wider economic growth, writes Simeon Kerr

Export: Bargaining with Baghdad set to continue

Mutual need is likely to forge a fresh working relationship, says Guy Chazan

Gas: Plans develop to raise foreign sales

Prospect of contracts with Turkey and Europe attracts investors, writes Simeon Kerr

worker repairs an oil pipeline

Heavy oil: Shaikan sour throws up mix of production headaches

Companies such as Gulf Keystone are investing to guard against costly chemical and geological hazards, writes Guy Chazan

Court case: Keen interest in disputed deal

Judgment will be closely watched by retail investors, says Michael Kavanagh

Turkey: Economics and energy interests ease old cross-border tensions

Secessionist worries remain but trade ties grow stronger, writes Simeon Kerr