Rob Franklin, president of Exxon Mobil Upstream Ventures, speaks to Iraq Oil Report about tough negotiations with Iraq to finalize a contract for one of Iraq’s biggest fields.
Tag Archive for 'Iraqi government'
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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 if oil prices rise, oil companies make huge profits without increasing their investment. Iraq Oil Report guest contributor and former U.S. energy offici…
Lawsuit challenging fundamentals of international oil deals is accepted by judge, and a hearing scheduled for next month.
Dozens are killed in bombings that shocked the capital, targeting popular hotels in the run-up to March 7 elections.
Tehran given message from Iraqi government to remove troops and lower Iranian flag from occupied border oil well in Missan province after late Friday security meetings of the provincial and national governments.
Coalition training, dollars turn Iraq’s laid up Navy into one of the most modern in the region, soon solely liable for protecting vital oil exports.
BP and CNPC reach a deal with the Oil Ministry but MPs call the deal “illegal” as the Cabinet readies to weigh in.
Iraq’s unionized workers are called illegal by the government while American allies urge Washington to act.
