In the energy sector, some agreements are not merely commercial. Some change energy maps, and others alter the geopolitical position of countries. The acquisition of a 15% stake in BP Energy Company of Kirkuk Limited (BPECKL) by Turkish Petroleum Corporation (TPAO) is one such strategic development falling into this second category. At first glance, this might seem like an ordinary investment in the international oil sector. However, the issue i…
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In the energy sector, some agreements are not merely commercial. Some change energy maps, and others alter the geopolitical position of countries. The acquisition of a 15% stake in BP Energy Company of Kirkuk Limited (BPECKL) by Turkish Petroleum Corporation (TPAO) is one such strategic development falling into this second category. At first glance, this might seem like an ordinary investment in the international oil sector. However, the issue i…