The Oil Ministry has entered an exclusive 6-month negotiating window with the Refinery of Karbala Corporation for a $6.5 billion deal that would boost Iraq’s lagging downstream sector.
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An investigation is ongoing into a bombing of a tank farm in Basra, but production and exports are steady after a brief slowdown.
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Northern oil workers raised the specter of strikes, as old grievances find fresh expression in Iraqi protests inspired by Egypt and Tunisia.
Iraq and Turkey negotiate new pipeline deal
Iraq hopes to negotiate terms for a better future for much-attacked northern pipeline, though Turkey concerned it will lose revenue again if security fails.
Sunni nationalism eyes autonomy
As Prime Minister Maliki forges a Shiite governing coalition, Iraq’s Sunnis turn their backs on Baghdad.
Iraq readies for AQI strike on oil sector
Iraqi Oil Police initiate measures to combat possible attack, especially along the northern export pipeline.
Iraq politicians question Shell gas deal transparency
Plus: *Reality sets in as KRG-Baghdad make oil export agreement *PKK bombing of Kirkuk-Ceyhan pipeline requires new Turkish strategy *Update and more exclusive documents on the Status Of Forces Agreement *The Iraq Press Roundup *Much more Key members of Iraq’s Parliament, including the chairman of the Oil & Gas Committee, have issued a statement outlining [...]
Big companies getting closer to big Iraq oil fields
Four oil fields from Iraq’s first licensing round in June are at various stages nearing a final agreement as companies rush to take Iraq’s terms.
Baghdad’s oil deals a blow to Kurdish clout in northern talks
Iraqi Arab-Kurd expert Joost Hiltermann of the International Crisis Group explains how the oil is as relevant now as it has ever been.
