BAGHDAD: Iraqi oil explorer Gulf Keystone faced losses after a year when oil production stopped due to an unpaid £140million bill.
Pre-tax losses at the Kurdistan-focused firm rose from £22million to almost £170million last year.
During the year founder and chief executive Todd Kozel left the firm following a disagreement with a shareholder, and only days ago former Glencore boss Simon Murray quit the chairman’s post.
ICCI and CDA to join hands for tree plantation drive in Capital
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...