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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As Prime Minister Maliki forges a Shiite governing coalition, Iraq’s Sunnis turn their backs on Baghdad.
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Iraq has increased its reserves and signed the world’s largest companies to boost oil and gas production. Iraqis wonder whether the hydrocarbon revolution will bring them prosperity or ruin.
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.
Kirkuk village, ministry looking to bridge gap
Ethnic hostilities subside as a joint committee is formed to address controversial evictions of villagers near oil facilities in Kirkuk.
Ministry of Defense: 'defects' in northern pipeline security
Spokesperson acknowledges Iraqi Army 4th Division to blame for letting four bombs hit the northern oil export pipeline since Oct. 26, says government working on solution.
- Violence in split Arab-Kurdish city causes concern
- Oil hub Kirkuk sees massive bombing during political lunch
- Iraq’s production and exports hit records as the northern pipeline experiences security
- Pipeline blast in southern Iraq fixed, oil flow rerouted …
- Fighting in Iraq’s oil capital Basra isn’t the first bloodshed between varying political and armed groups but may be the decisive battle for control over the oil sector, local government and the fate of the province.
Iraq power generation at 2003 levels
Iraq is now producing as much power as it did on the eve of the US-led invasion of 2003 but is still meeting barely 50 percent of peak demand, a senior electricity ministry official said. "2008 is the first year when production has reached the level prior to that of Saddam Hussein's fall," the ministry's [...]
More than $4B in July oil sales
Crude exports hit highs and capitalize on steadily increasing prices to eclipse June earnings, as Iraq explains to investors what the second bidding round will offer.
