In this issue

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

Dec 9, 2012

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

Dec 9, 2012

Refining: Locals dominate downstream supply and demand

Region approaches self-sufficiency, writes Guy Chazan

trucks wait to be loaded at the Taq Taq oilfield near Erbil ©Reuters Dec 9, 2012

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

Dec 9, 2012

Diversification: Regional government carves out pro-business identity

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

worker checks an oil pipeline ©Reuters Dec 9, 2012

Export: Bargaining with Baghdad set to continue

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

Dec 9, 2012

Gas: Plans develop to raise foreign sales

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

worker repairs an oil pipeline Dec 9, 2012

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

Dec 9, 2012

Court case: Keen interest in disputed deal

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

Massoud Barzani, Kurdistan region president (left) and Turkey's foreign minister, Ahmet Davutoglu ©Reuters Dec 9, 2012

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

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