Plus: *Premier out of bidding for various, unconfirmed reasons *Talabani, Aso discuss oil ties *Sterling dishes KRG oil stakes to Korea, Addax *Electricity minister explains set backs, signs deals with GM and Siemens *Much, much more Iraq’s Oil Ministry Oct. 13 will not only take a major step forward to bringing foreign oil companies into […]
Results for "iraq to offer percent of proven oil reserves to international oil companies"
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In the theatre of oil, the politics of Iraq
The grand oil auction Dec. 11 and 12 required a breakout performance for Iraqi Oil Minister Hussain al-Shahristani in time for the national elections.
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.
Ministry unveils tough terms for 4th bid round
IOC officials express skepticism as model contract tightens cost-recovery mechanism and gives Oil Ministry the authority to delay production.
The secret history of the Shell gas deal
Leaked U.S. Embassy cables and candid interviews reveal the story behind Shell's quest to export Iraqi natural gas.
Q&A: Oil Minister Ihsan Ismaael
Iraq’s oil chief discusses negotiations with Total and Chevron, arbitration with Exxon, the future of INOC, several gas project updates, and budget talks with the Kurdistan region.
Lukoil, Pakistan winners in underwhelming fourth bid round
Iraq has awarded three of 12 blocks on offer. Shrugging off disappointment, the Oil Ministry is pledging to hold a fifth bidding round next year.
Meetings move Iraq closer to next oil field auction
Terms become more clear as Oil Ministry officials meet with hopeful foreign companies ironing out details of the December bidding round.
Hacked emails reveal details of Exxon’s Kurdistan activity
Disappointing exploration results drove Exxon to relinquish half of its Kurdistan portfolio, according to private correspondence with Turkey's energy leaders published by Wikileaks.
Iraq to rival Saudi oil output, if…
Thanks to two oil auctions, within eight years Iraq may eclipse Saudi Arabia to become the largest oil producer in the world. Many obstacles, however, remain.
Locals look for benefits in oil boom
Demand for jobs and investment spurs local officials into pressing for meaningful results from the national governments energy strategy.
Interview: the future of Iraqi natural gas
Energy expert Luay Jawadal-Khatteeb calls Shell’s associated gas deal “unethical,” explains why Iraq needs a gas master plan that will meet domestic needs first.
New energy strategy aims to streamline oil sector
Iraq's senior energy policy adviser has completed an ambitious national energy strategy, but political obstacles still loom.