Iraq's top oil leader discusses implementation of a mega-deal with TotalEnergies, ExxonMobil's exit, and the aftermath of a landmark court ruling on Kurdistan's oil sector.
Results for "iraq e china oil deal made final next week"
Q&A: PUK Co-President Lahur Talabany
The co-leader of Kurdistan's second-largest party discusses politicized oil policies, factionalized leadership, security risks, and Iraq's national budget.
The dealmaker
Iraq Oil Report talks to the chief of the Oil Ministry's contracts department about the impact of government negotiations on the gas deals, removing obstacles to Iraq’s planned production boost, and the next round of potential oil contracts.
Iraqi crude output falls as tighter OPEC quotas take effect
Crude production and exports decreased in November as Iraq began output cuts in response to tighter OPEC-plus output targets.
As Iraq begins oil cuts, steep challenges remain for OPEC compliance
Technical, financial, and political obstacles will make it nearly impossible for Iraq to meet an OPEC pledge to cut 1 million bpd by May 1.
Deals in limbo as Oil Ministry fights political headwinds
As populist MPs raise unsubstantiated corruption allegations around oil projects, decision makers are moving cautiously on major initiatives while they beat back political opportunists.
Iraq–China oil deal made final next week
Plus: *Progress on another joint venture, this time for oil drilling *What the passage of an election law means *Iraq Press Roundup An Iraqi oil ministry spokesman says Iraq and China will finalize a US$3 billion oil agreement next week. Assem Jihad says a Chinese delegation will visit Baghdad to sign the deal, The Associated […]
Political upheaval in Baghdad reverberates across oil sector
In the increasingly chaotic struggle to form a new government, Iraq's oil sector has been both a political battleground and a victim of dysfunctional governance.
Cabinet approves Shell gas deal
A final signing could come as early as next week, after Iraq's Cabinet approved Shell's deal to capture billions of dollars' worth of associated gas that is currently flared in Basra.
Iraq oil revenue audit to be handed over to all-Iraqi team
Plus: *Oil law back in Parliament *New wells and other work to boost oil production *However, questions remain *Status Of Forces Agreement update *The Turkey-U.S.-Iraq-Iraqi Kurd dance *Iraq Press Roundup *Much more The U.N.-mandated auditor of Iraq's oil revenue says, despite accounting troubles, it is ready to hand off its work to an all-Iraqi team […]
Q&A: U.S. International Energy Envoy Carlos Pascual
The U.S. government’s top energy diplomat discusses American efforts to help Iraq rise to the top of the global oil industry.
Big companies getting closer to big Iraq oil fields
Four oil fields from Iraq’s first licensing round in June are at various stages nearing a final agreement as companies rush to take Iraq’s terms.
Oil production steady as new PM urges review of OPEC quota
October oil output stayed near Iraq's high-water mark for the year as the newly elected prime minister expressed support for OPEC-plus but criticism of Iraq's quota.
TotalEnergies starts Iraq exit as negotiations falter
The death of the $27 billion deal would represent a multi-year setback in Iraq’s efforts to boost production of oil, gas, and electricity.
Maliki, oil and gas committee to meet on Iraq oil law
Draft version received in Parliament Sunday, kicked back to council of ministers for legal clarification Plus: *Japan envoy meets on Iraq oil *Chinese team expected in November *Industry Ministry workers demand pay promise *Reaction to U.S. attack on Syria-Iraq border *KBR accused of sticking U.S. taxpayers, shocking American workers in Iraq *Fallujah sewage project at […]
Q&A: Shell’s Iraq VP Hans Nijkamp
The head of Shell's Iraq operations discusses the criticism of its multi-billion-dollar gas deal, the status of its oil field development, and its long-term strategy.
Iraq in talks with Saudi Arabia and Honeywell over Basra mega-deal
Pivoting away from negotiations with ExxonMobil, Iraq is now putting the Ratawi oil field at the center of a prospective upstream, gas, and power deal with Saudi Arabia.
Beyond the Headlines: Sept. 25, 2012
Diyala police thwart al-Qaida jailbreak Missan threatens CNPC lawsuit Missan announces well progress Oil Ministry completes land compensation
KRG-Baghdad oil talks advance
Top deputies and technocrats from Baghdad spent time in Erbil this week hashing out the technical framework for progress if a political deal between the central and regional government is reached.
Karbala refinery nears completion
After years of financing challenges and delays, the Karbala refinery is almost ready to start producing high-quality fuel to feed rising domestic demand.
Q&A: Electricity Minister Adel Karim
As Iraq approaches the summer peak of electricity demand, another crisis is looming as the caretaker government lacks the budget authority to boost power supply.
Model contract delay, but other activity increases
Iraqi model contract is delayed, while the Syria pipeline is retendered and service companies start to return.
UPDATE: Cabinet taps INOC to acquire Exxon’s stake in West Qurna 1
Iraq is trying to resolve a dispute over one of its largest oil fields by authorizing the newly formed national oil company to take over ExxonMobil's operating stake.
Power crisis worsens with domestic gas supply disruptions
Severe electricity shortages come at a politically sensitive time, highlighting the chronic weakness of Iraq's energy infrastructure and its over-reliance on Iranian imports.