Foreign oil workers evacuated from Kurdistan as Islamic State advances

[TBF]

(In case you had any doubt as to what is really going on)

Oil company shares fall ahead of Al-Qaeda-linked group's movements toward Erbil in Iraqi Kurdistan
August 8, 2014 7:48AM ET

Oil companies in Iraqi Kurdistan began withdrawing more staff Friday as Islamic State (IS) fighters closed in on the regional capital and the United States authorized airstrikes against the group.

U.S. energy companies Chevron and Exxon Mobile said Thursday that they were evacuating some staff from Kurdistan, while industry sources said the Kurdistan Regional Government’s oil pipeline — which has been pumping oil to Turkey since December — was operating normally Friday.

Shares of London-listed oil firms active in northern Iraq fell for a second day as other field closures and staff evacuations became more likely in a region seen until now as relatively secure compared to the rest of the country ...

More here: http://america.aljazeera.com/articles/2014/8/8/kurds-iraq-oil.html

[2banon]

1. interesting, sort of puts it all in perspective doesn't it? n/t

[grahamhgreen]

2. Wonder if they'll blow up the oil fields on the way out?