Oil sector under attack

Damage at the Beiji refinery a day after the Feb. 26 attack. (STAFF/Iraq Oil Report)

Bombing of northern export line threatens crude exports to Turkey, another bomb was found at Beiji refinery, and a top investigator says the Feb. 26 Beiji attack was an inside job.

  • Oil seeps from the ground outside the village of Tawke, in Iraq's Kurdistan region. The Tawke oil field is ready to export when an agreement is reached on contractor payments between the regional and central governments. (BEN LANDO/Iraq Oil Report)

    Cabinet OK's KRG payments

    Statement from government doesn't disclose numbers, but says Finance Ministry to start audit of companies to determine payments.

  • Iraqi Oil Minister Hussain al-Shahristani speaks to the media May 6, 2010. (BEN LANDO/Iraq Oil Report)

    Baghdad-KRG oil agreement closer but not reached

    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.

2010 budget boosts oil-producing provinces

The $72bn budget awards dollars to oil-producing provinces and sites of pilgrimage. A stern warning is issued to Kurdish authorities in the form of penalties for cutting off exports.

Security of Iraq oil expected to improve with Umm Qasr port revamp

Plus: *After the Istanbul meetings with international oil companies *Now Prime Minister Maliki takes charge *Electricity Ministry reaches out to Iran, Syria, Turkey counterparts *Obama calls Turkish leaders, talks include Iraq *Japan makes pre-loan visit to Basra *U.S. says Western investment incoming *Pres. Talabani's party in limbo *Much more The Iraqi Navy is paying the [...]

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