Foreign oil companies face possible output constraint

Foreign oil companies face possible output constraint

OPEC quota and market economics reasons Iraq may tell foreign oil firms to reduce production below contracted plateau. Cuts into profits will be compensated, though security issues could doom the deals.

No deal yet on China bid for Missan oil fields

No deal yet on China bid for Missan oil fields

Mixed signals from Oil Ministry on new offer from Chinese consortium for fields offered in first bidding round, which include famed Fakka field that saw Iranian occupation.

Energy

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Basra gas deal with Shell stalled

Basra gas deal with Shell stalled

Negotiations on joint venture company to capture wasted natural gas have ended and project will be put to tender, said Iraqi Minister of Electricity.