The U.S. State Department said oil companies who sign deals in Iraq with the Kurdistan Regional Government are taking a risk, and this is what they tell companies who contact them. When queried about the Hunt Oil deal signed with the KRG earlier this month, a state department spokesman said he was "not sure how [...]

The Iraq Federation of Oil Unions held a protest in Basra today outside the Southern Oil Company’s office. They claim U.S. troops shot a worker in the Rumaila field, and want action by both the Iraq and U.S. governments. "They treated him as if he was an animal, they shot at him and kept on [...]

This week was filled with the Petraeus/Crocker/Congress/Bush/benchmark circus. It’s Friday and the Iraq Oil Report will now refrain (OK, I’ll have some good links at the end of today’s report). The three rings barely touched on oil anyway, with the administration touting the dissemination of oil revenue as a sign of success and Congress pointing [...]