EDITOR'S NOTE: The issue of production-sharing contracts (PSCs, also called production-sharing agreements, or PSAs) in Iraq is a contentious one. Encouraged initially by American advisers as the best means for investment in post-war Iraq by, the system, which allows oil companies to take a share of the profits of all oil extracted, can mean that […]
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Hunt Oil knew KRG oil deal in disputed territory
According to a State Dept. cable from Iraq, and despite the U.S. Embassy's warnings, the oil company of a George W. Bush intelligence adviser signed a Kurdish oil deal knowing the field was in disputed territory.
Q&A: Gary Vogler
The longest-serving American in Iraq's oil sector gives an insider's account of tactical victories, strategic blunders, and hidden agendas in post-2003 reconstruction.
The four-year plan
The Iraqi Oil Ministry's four-year plan, unveiled but not reproduced in February, available here only to Iraq Oil Report subscribers.
Q&A: Ali Nazar al-Shatari, deputy director general of SOMO
Infrastructure bottlenecks will limit Iraq's exports and production in the short term, but SOMO is squeezing value from oil sales through new marketing strategies.
Iraq inches toward oil transparency
Seeking to combat the "resource curse," Iraq is moving forward – and hitting roadblocks – on its slow path toward oil sector transparency.
New details of KRG oil deals reveal latent risks
Kurdistan's oil trading arrangements have provided independent revenue streams, but they also present problems, including rising debts and further political controversy.
Iraq’s crude oil production capacity: the way ahead
Thamir Ghadhban, the top oil adviser to Prime Minister Nouri al-Maliki, charts the goals and assesses the problems for the country's oil sector.
Q&A: Uday Awad, member of the Parliament Oil and Gas Committee
An MP from Basra and influential member of Asaib Ahl al-Haq, Awad outlined his position on foreign oil companies in Iraq and Iran's role in the oil sector.
Analysis: Cabinet oil law asserts executive power
A review of the Cabinet's proposed oil law shows the Maliki administration is angling to keep control centralized in the Oil Ministry.
Armed with intel, U.S. strikes curtail IS oil sector
It once made over $1 million per day in Iraq alone, but now the IS oil sector, which lured hundreds of foreign workers, is struggling to meet its internal demand.
Q&A: Deputy Prime Minister for Energy Hussain al-Shahristani
Iraq's top energy official discusses ExxonMobil, the KRG budget proposal, the status of fighting in Anbar and more.
State Dept. inspector releases Iraq oil report
Answers Dem. senators query of Bush admin. influence in Iraq oil deals.
The Politics of Iraqi Oil
Oil prices sink, production slows, the economy recedes and Iraqi politics: the perfect storm for Iraq’s oil sector.
Q&A: Ali al-Mashkoor, member of the Parliament Oil Committee
Parliament is aiming to pass an oil law this year, but there are no plans to resurrect INOC.
Oil laws not likely before January election
Parliament likely to approve income tax on foreign oil firms, long-awaited package of oil-related laws will be up to the next government due to elections and politics-as-usual.
A different Iraq oil law approved
Council of Ministers end-around feuding factions – for now – and move to restart the national oil company with support of key political blocks.
Pressure mounts on Kurdistan’s oil minister
Polarized by the dispute over President Barzani's tenure, rivals factions in Kurdistan are targeting Ashti Hawrami with political attacks and a legal investigation.
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.
Oil experts debate a new state oil company
Two ex-oil ministers favor it, the current oil minister opposes it, but a hearing this week over a new Iraqi National Oil Company indicates Parliament may be serious about legislating.
Kurdish oil boom begins
Despite major unresolved political disputes, exports hit record levels from Iraqi Kurdistan, which is looking to expand production further as companies begin collecting the payout from Baghdad.
For IOCs seeking cash flow, KRG local market falls short
With Kurdistan's export pipeline tangled in politics, beleaguered oil producers hoped they could make ends meet with domestic sales – but demand has been uneven at best.
Q&A: Thamir Ghadhban, Deputy Prime Minister for Energy and Minister of Oil
In the midst of an unpredictable protest movement, Iraq's oil sector has avoided output disruptions and plans are on track for developing new production and export capacity.