Analysis: What was Exxon thinking?

Exxon delegation

Exxon risked its stake in a super-giant Iraqi field and cast its lot with Kurdistan. The gamble might not be as risky as it seems.

  • Parliament Oil and Energy Committee Chairman Adnan Janabi (R) gives a press conference with Deputy Prime Minister for Energy Hussain al-Shahristani (L) in April 2011. (BEN VAN HEUVELEN/Iraq Oil Report)

    The bill pushers

    After more than four years of delay, the heads of the Cabinet and Parliament energy committees appear serious about legislation, despite differing views.

  • Janabi resized

    Parliament pressing for oil deal ban

    Energy committee calls for nationwide moratorium on oil and gas deals until delayed hydrocarbons law is passed.

Khalilzad won't join DNO

Zalmay Khalilzad speaks at the World Economic Forum in Davos, Switzerland on January 26, 2008. (MONIKA FLUECKIGER/World Economic Forum)

The former U.S. ambassador to Iraq has turned down seat on board of the Norwegian oil firm with operations in Kurdistan, but will remain on board of RAK, which owns 30 percent of DNO.

Basra break in violence allows oil workers to leave, head to work…

Plus: *The State of Basra *Crescent Petroleum sponsors Iraqi universities in oil confab *Oil deals unlikely for months *Iraq war drains U.S. budget for fuel *Iraqi parties prevent ban on honor killing *Japan-Iraq collaboration A lull in fighting in the oil-rich province of Basra allowed oil field workers to return to work, ensuring output of [...]

Energy

More in Energy

Business

More in Business

Iraq makes landmark payment to IOC

IRAQ-OIL/WESTQURNA

BP lifts 2 million barrels of Iraqi crude, the first payment in a new era of oil contracting with foreign firms.

Interviews

More in Interviews

Zalmay Khalilzad's take on Iraq – Part 2

Zalmay Khalilzad speaks at the World Economic Forum in Davos, Switzerland on January 26, 2008. (MONIKA FLUECKIGER/World Economic Forum)

Former U.S. Ambassador to Iraq addresses the criticism he's received for attempting to enter Iraq's oil sector.