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North Dakota OKs new oil tax framework, ends price triggers

AP-heads-latest-OPEC - Fri, 04/24/2015 - 11:20am
BISMARCK, N.D. (AP) — With oil prices sinking enough that drillers may soon see a more favorable tax rate, North Dakota lawmakers approved a new framework Friday that cuts the price-triggered exemption in exchange for a lower tax rate. (...)
Categories: Business News, Oil

Falling prices, rising threats cool interest in Kurdish oil

AP-heads-latest-OPEC - Fri, 04/24/2015 - 6:10am
IRBIL, Iraq (AP) — The hall for the Irbil Oil and Gas Exhibition this week was crowded with company displays, executives and investors. But conspicuously absent were international oil giants like Shell, Exxon-Mobil and Chevron that only a year ago were eager to exploit the promising reserves of Iraq's autonomous Kurdish region. (...)
Categories: Business News, Oil
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