Petroceltic pulling out of Kurdistan venture
? Petroceltic said it has agreed with its partner to withdraw from its Dinarta licence in the Kurdistan region of Iraq.
The company, which owns 16 per cent of the licence said it agreed
with the majority operator Hess Middle East New Ventures (64 per cent)
to pull out, citing low oil prices and a number of operational
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures