Exxon Mobil has signed six exploration deals with Iraq's semi-autonomous Kurdistan region, testing Baghdad's blacklist rule.
-
Despite major unresolved political disputes, exports hit record levels from Iraqi Kurdistan, which is looking to expand production further as companies begin collecting the payout from Baghdad.
-
Before Iraq can reach its ambitious oil production and export goals, it must massively expand transmission and storage capacity. As construction begins, IOR takes a tour of the oil sector's new infrastructure.
UPDATE: Kurdish oil demands to Maliki revealed
According to previously undisclosed communiqué, Kurdish leaders want specific oil and revenue laws passed in 2011 and say KRG should decide constitutionality of its oil deals.
Political worries realign budget
Iraq’s political leaders have passed a budget that prioritizes social spending and cuts operational and other expenses, after an escalation in pressure from protesters.
Oil sector under attack
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.
- Elections: THE Iraq story
- Iraq’s production and exports hit records as the northern pipeline experiences security
- Iraqi-born Ayatollah bans attacks on Iraq oil sector…
- Basra fight takes toll on Iraq oil production and exports…
- 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.
Iraqis are left without fuel or electricity …
Plus: *Iraq Oil Ministry, Big Oil to meet in Jordan this week *Deadline to register for upcoming oil tenders delayed *2008 budget delayed, Kurd vs. Arab continues *Iraq Press Roundup *Is the surge working? A worthless question. *and more... You can't have one without the other, but with many of Iraq's power plants shut and [...]
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.
