In a zero-sum game of real estate, Basra farmers are losing their ancestral lands and livelihoods to Iraq’s oil boom.
Tag Archive for 'Oil Exports'
With oil production set to boom, Iraq is facing an increasing risk of oil-related disaster, and environmental officials say the country isn’t ready to handle a major spill.
A new 5-year plan for economic and social development in Iraq offers little details, but relies on oil exports to double and fund projects that will only succeed if security improves.
Statement from government doesn’t disclose numbers, but says Finance Ministry to start audit of companies to determine payments.
Kurdistan oil minister discounts Shahristani statement as old news, temporary agreement; says agreement to pay the contractors means nothing until finance ministry and cabinet approve plan.
It took only four days for the oil ministry to repair the bombed pipeline near Mosul. While the number of energy-sector attacks has dropped in recent months, technicians could be busy if violence escalates as it threatens to.
Broad agreement to end oil disputes not expected until after new government, but KRG oil minister said upcoming meetings would make technical progress on oil development.
Take a walk down the most valuable sidewalk in the world — the al-Basra Oil Terminal, which Iraq relies on to send nearly 80 percent of its crude to market.




