Published
September 27, 2007,
9:08 am in
Oil
I sat down with J. Jay Park in Dubai, the man who helped the Somali government craft its new oil law and has worked with all sides in Iraq oil law. He holds training sessions for the Iraq Oil Ministry, and represented Canada’s Western Oil Sands in their contract with the Kurdistan Regional Government.
We talked about what an oil law is supposed to do, and how it is framed for Iraq’s massive reserves.
He even let me pester him on model contracts, including what the controversial production shar…
Published
September 25, 2007,
3:13 pm in
Oil
As the U.S. and world media play with President’s Bush and Ahmadinejad, there is a slowdown of Iraq energy related information.
However, Oil Minister Hussain al-Shahristani is none too pleased with the KRG.
Also in today’s Iraq Oil Report, Iraq offers Jordan more discounts to the oil.
Plus, at the end, I’ll supply some details to a few great comments to IOR.
First, Shahristani and the KRG. He’s long been an opponent of the KRG signing their own deals, calling them illegal. Mariam Karou…
Published
September 21, 2007,
4:02 pm in
Oil
This is a good time to clear up some of the issues surrounding the debate over Iraq’s oil and proposed legislation related to the hydrocarbons sector.
Oil Law Semantics
Except for President Bush, most members of Congress and others detached, the “Oil Law,” also referred to as the “Oil and Gas Law” and the “Hydrocarbons Law,” DOES NOT, let’s repeat, DOES NOT address revenue sharing except for calling for a SEPARATE REVENUE SHARING LAW.
The Oil Law is the main piece of legislation that the …
Published
September 19, 2007,
3:33 pm in
Oil and Politics
… is a well respected oil man, a technocrat and a politician.
Rumor has it that when the Iraq National Oil Company is finally reestablished, he’s in line to be in charge.
He sat down with me in Dubai to discuss a number of issues, all in my interview published HERE by UPI.
The country is in need of energy, all sources of energy such as oil, gas, oil products. And it has the resources, we have the reserves. It’s only a matter of reorganizing ourselves, implementing plans and also, of cou…
This week was filled with the Petraeus/Crocker/Congress/Bush/benchmark circus. It’s Friday and the Iraq Oil Report will now refrain (OK, I’ll have some good links at the end of today’s report).
The three rings barely touched on oil anyway, with the administration touting the dissemination of oil revenue as a sign of success and Congress pointing to the Iraqi government not passing an oil law as a sign of failure. Neither take into account how weighty the discussions over the law are and i…
There was lots of chatter about any movement of the oil law at the opening reception of the second Iraq oil conference this week here in Dubai. Nothing has changed since my story from Tuesday.
Today’s Iraq Oil Report includes updates on various aspects of Iraq’s oil and energy sector, and plenty of context to the issue. Oil and politics are not mutually exclusive topics in Iraq, where one compromise can lead to the next, and one fight may be retaliation to the last, so it’s important to keep an…
Iraq Oil Unions Claim U.S. Troops Shot Chief Engineer
The Iraq Federation of Oil Unions held a protest in Basra today outside the Southern Oil Company’s office. They claim U.S. troops shot a worker in the Rumaila field, and want action by both the Iraq and U.S. governments.
“They treated him as if he was an animal, they shot at him and kept on moving,” Faleh Abood Umara, general secretary of the Iraqi Federation of Oil Unions, told United Press International.
“The attack in the oil fields seems also to be designed to push the Iraqi government t…