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Iraq says jump in oil reserves is only the start

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.

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.