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Lingering in the pipeline

Oil exports from northern fields doesn’t mean a deal on KRG oil contracts, even those exporting now, and a compromise is made more complex by gas deal.

At Turkish port, Kurds load first pipeline exports

Turkey has facilitated the loading of KRG crude onto a tanker, raising the prospect of an escalating political dispute within Iraq and a legal battle between Baghdad and Ankara.

Sunni nationalism eyes autonomy

As Prime Minister Maliki forges a Shiite governing coalition, Iraq’s Sunnis turn their backs on Baghdad.

Iraqi contracts develop as oil begins to move

Lebanon hopes to sign a deal with Iraq in the next two months to buy crude oil below market prices, after Baghdad agreed to sell oil to Jordan at $22 a barrel, Bloomberg's Massoud A. Derhally reported. "We are hoping for a similar agreement,'' Lebanese Minister of Finance Mohamad Chatah, 57, said in an interview […]

Chevron announces KRG block buy

The second-largest American oil company has bought two blocks from India's Reliance - another coup for the KRG, following last year's ExxonMobil deal.

KRG expects Baghdad technical oil delegation

Broad agreement to end oil disputes not expected until after new government, but KRG oil minister said upcoming meetings would make technical progress on oil development.

Kurdistan, Exxon gain key ally in Mosul

The governor of Ninewa province, once an opponent of Exxon's KRG contracts, now says joint oil development could help ease tensions in disputed territories.

Baiji refinery still threatened

Three days after Iraqi leaders declared the country's largest refinery secure, IS militants who control pockets of territory nearby have the facility in their crosshairs.

Shell gets its gas deal

After years of negotiations, Shell inks a 25-year gas company joint venture with Iraq, making it the largest investor in the country's oil sector.

Maliki’s Erbil visit opens door to oil talks

Meeting in Erbil for the first time in almost three years, PM Maliki and KRG President Barzani stress a new atmosphere of cooperation that could renew long-stymied oil policy dialogue.