The fourth bidding round is now scheduled for May 30-31, as the model contract evolves and IOCs get time to respond.
-
Iraq's Kurdish region is meeting nearly all its power needs by investing in natural gas fields – and, in a strategic calculation, it's willing to share.
-
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.
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.
Oil law struggles for daylight
Parliament committee could press for formal validation of existing oil deals with Baghdad and KRG, but efforts are being overshadowed by political crisis.
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.
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.
