Iraq postponed its heralded public opening of a new export system, but major infrastructure plans are still moving forward, including a new $1 billion West Qurna 2 contract.
-
Parliament committee could press for formal validation of existing oil deals with Baghdad and KRG, but efforts are being overshadowed by political crisis.
-
Genel Energy takeover of Chia Surkh block a bellwether of deal-making and expansion in Kurdistan this year.
New Iraq oil exports by Jan. 31
Iraq's Oil Ministry announced a timeline to bring new exports online, as well as its first new oil field discovery in 30 years, and 2011 oil and revenue statistics.
Energy sector weathers political crisis with minor delays
Amidst a political breakdown, DPM Shahristani is taking a larger role, and the fourth bidding round and the start-up of new export infrastructure have been set back.
First foreign oil company attacked
Zero casualty and only equipment damage, but Ninewa attack on exploration company raises profile of security threats to the oil sector.
Shell gets its gas deal
After years of negotiations, Shell inks a 25-year gas company joint venture with Iraq, making it the largest investor in the country's oil sector.
Iraq aims to reduce IOC red tape
PM Maliki has ordered his government to ease logistical restrictions that have slowed foreign oil development, though companies have not yet seen improvements.
Q&A: Hussain al-Shahristani
The government's top energy official discusses ExxonMobil's options, fourth bidding round contract models, and federalism.
