Tag Archive for 'Iraq National Oil Co.'

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Maliki, oil and gas committee to meet on Iraq oil law

Draft version received in Parliament Sunday, kicked back to council of ministers for legal clarification

Plus:
*Japan envoy meets on Iraq oil
*Chinese team expected in November
*Industry Ministry workers demand pay promise
*Reaction to U.S. attack on Syria-Iraq border
*KBR accused of sticking U.S. taxpayers, shocking American workers in Iraq
*Fallujah sewage project at $100M, waste still in the streets
*Barzani back from Iran, en route to Washington
*Iraq in the Time of Cholera
*Much…

Iraq oil not part of OPEC cuts

Iraq not bound by quota; struggling to reverse decline
Plus:
*Walid Khadduri on the return of Big Oil to Iraq
*Iraq presidency council gives oil smuggling law OK
*SOFA Update: English text and analysis
*Labor Minister target of suicide bomb
*Iraqis suffer for lack of basic services
*The Mahdi Army bides its time
*Much more

As OPEC decides to catch falling oil prices by cutting supply, Iraq Oil Minister Hussain al-Shahristani says anything below $80 per barrel will be a hit on next ye…

U.S. report: old Iraq southern oil pipelines could break

Plus:
*KRG denies DNO export permit rumor
*Kirkuk gas pipeline blast not affecting oil exports
*Details on the Iraq oil and gas bidding process
*Bush cuts Iraq oil grab ban from defense bill
*Alive in Baghdad: A fuel crisis?
*Top McCain official wanted Saddam off rogue list to secure oil deal
*Iraq Press Roundup
*Much, much more

Pipelines vital to Iraq’s oil industry are in such poor condition they could rupture at any time, choking off the supply of oil from the region and devastat…

Iraq begins oil and gas field bidding process for international oil firms

Plus:
*Turkish special envoy in Baghdad for PKK talks with Barzani
*Iraq aims at 2008 provincial elections
*Finance Minister blasts budget surplus critique
*Iraq Press Roundup
*Much more

Iraq’s Oil Ministry announced most of the details 35 of the world’s largest oil companies were waiting for as the country begins to open the third-largest proven oil reserves in the world to foreign investors, Ben Lando reports for United Press International (registration free but required).

Oil Minis…

Four days until Iraq oil and gas fields unveiled to international oil firms

Plus:
*More details ahead of the roadshow
*Kurdish national MP says oil law moving
*KRG minister says natural gas to provide power for Kurds, industry and all of Iraq
*Barzani heads to Baghdad for talks soon
*Oil Search starts drilling
*Shahristani talks pipeline plans
*U.S. report warns of upcoming ethnic violence
*Turkey readies for incursion
*Sadrist MP killed
*The Iraq Press Roundup and more

A delegation led by Iraq’s oil minister Hussain al-Shahristani will present prequalified…

Iraq oil and violence: the next Nigeria?

Iraq oil and violence: the next Nigeria?

Plus:
*Lukoil blames Shahristani for West Qurna deal
*March deadline for first bids on oil and gas fields
*December date for announcing second round
*Oil and Electricity ministries combine forces on Mussaib topping plant
* Alive in Baghdad: Baghdad Security Plan Burdens Residents
* Turkey and the PKK, SOFA and more

Recurrent violence in oil-rich parts of Nigeria may provide a sobering lesson for oil companies hoping to work in Iraq – a place that is much more dangerous despite the fact …

Iraq to offer 82 percent of proven oil reserves to international oil companies

Plus:
*Premier out of bidding for various, unconfirmed reasons
*Talabani, Aso discuss oil ties
*Sterling dishes KRG oil stakes to Korea, Addax
*Electricity minister explains set backs, signs deals with GM and Siemens
*Much, much more

Iraq’s Oil Ministry Oct. 13 will not only take a major step forward to bringing foreign oil companies into Iraq’s nationalized oil sector. Beyond beginning a bidding process for a handful of key oil and gas fields, the ministry will outline a second grou…

Petrel makes case for ‘Little Oil’ in Iraq

Plus:
*Petrel also says Oil Ministry agrees to payment, ditches Kurdish partner
*Confirmation and details of KRG-South Korea oil investment
*Fields in second oil and gas bidding round discussed
*Kanaqin residents say fight is over oil, future in Iraq
*Alive in Baghdad: Sadr City vs. the Walls
*Food rations to be cut
*Election rules ban some religious images

Iraqi oil and gas deals aren’t just for Big Oil as smaller firms already active in the country are better placed, the head of Petr…

Iraq’s Kurdistan Regional Government signs oil exploration deal with South Korea

Media reports from Seoul say a Korea National Oil Corp.-led consortium has signed oil contracts with Iraq’s Kurdistan Regional Government.

The contracts were not verified by the KRG, which typically issues announcements when oil contracts are signed, Ben Lando reports for United Press International.

It has signed more than 20 production-sharing contracts since 2004, despite criticism from the central government in Baghdad, which claims regional and other local governments have no right to…

Shell opens secret Baghdad office

Plus:
*A needed debrief of the Shell gas project
*Iraq oil exports drop
*U.S. loses $13 billion in Iraq reconstruction funds
*KRG inks power deal, puts wind and hydro to tender
*Night lights in Baghdad neighborhood
*Parliament Elections: Sunni tribal elders, Moqtada Sadr to run
*Iraq Press Roundup
*Much more

Hits and Misses of Shell-Iraq gas project

The Shell-Iraq gas deal is not a production sharing contract – heck, it’s not even a deal. It’s a signing of an agreement that t…

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