KRG signs deals as oil development continues

IRAQ/OIL-KURDISTAN

Despite the Iraqi Parliament's opposition to new oil deals, the Kurdish region has signed production contracts with U.S. and Irish oil firms.

China brings Ahdab field online

Chinese workers conduct seismic surveys at the Ahdab oil field in Wasit province on March 11, 2009. (THAIER AL-SUDANI/Reuters)

After renegotiating a Saddam Hussein-era contract, the China National Petroleum Corp. starts pumping Ahdab oil.

Unresolved disputes mar Iraq-Kuwait relations

Basrawi protest against Kuwait

Tensions rise between Iraq and Kuwait – and among Iraqi politicians – over outstanding Saddam-era reparations, border negotiations, alleged oil theft, and Gulf port development plans.

Oil Police doubles down on security

Ibrahim Oil Police smuggling raid RESIZED2

After being temporarily removed from leading Beiji refinery security, the Oil Police is revamping its strategy and increasing its presence.

Energy

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Shell gas deal gets initial OK, including exports

Iraq’s crude oil extraction also produces huge volumes of associated natural gas, half of which is currently burned off as a waste byproduct in flares like these, at the Rumaila oil field in Basra province. (ESSAM AL-SUDANI/AFP/Getty Images)

Iraq inked a draft deal to form a company with Shell and Mitsubishi to capture, process and export gas that is currently flared in Basra fields.

Business

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$100 to be a Baghdad airport VIP, oil companies welcome

The new Iraqi Airways-Palm Jet VIP terminal, Diwan, opened June 1, 2011. (BEN LANDO/Iraq Oil Report)

A new luxury service enables well-heeled travelers to avoid long lines and discomforts, despite concerns over secretive and expensive business practices.

Interviews

More in Interviews

Oil Police doubles down on security

Ibrahim Oil Police smuggling raid RESIZED2

After being temporarily removed from leading Beiji refinery security, the Oil Police is revamping its strategy and increasing its presence.