The Oil Ministry revised its proven oil reserves upward by nearly 25 percent, a number that will increase as it lures investors, despite political challenges.
Results for "iraq says jump in oil reserves is only the start"
New investment revives modest hopes for KRG oil sector
After two years of non-payments and security concerns, Kurdistan-focused oil companies are gingerly starting to reinvest.
Seeking financial rescue, KRG offered Turkey major oil assets
Emails published by Wikileaks reveal a proposal for Turkey to take equity stakes in Kurdistan's biggest oil fields, in exchange for nearly $5 billion of immediate financial assistance.
Luaibi, Hawrami to lead oil law negotiations
In its first meeting, a special committee has designated two of its members – the oil ministers from Baghdad and the KRG – to write legislation that could structure Iraq's oil sector.
Sept. 1 auction for three gas fields
Forty-five foreign oil companies eligible to bid on three gas fields and jump-start Iraq's massive but under-performing natural gas industry. Minister says 2009 oil auctions a model for Iraq and the region.
Q&A: Musab Alkateeb, CEO of Siemens Iraq
Siemens is navigating a new Iraqi government and looking to finalize contracts to help boost Iraq's power production in time for summertime peak demand.