Tag Archive for 'Oil Fields'

BP lawsuit future uncertain

BP lawsuit future uncertain

Ex-MP vows to continue challenge but raising hundreds of thousands of dollars, attorney fees and alleged threats have taken toll.

Iraq’s Oil Service Contracts: An Overview

Full speech given by Thamir Ghadhban, chairman of the advisory commission to the Iraqi Prime Minister, at the Iraq Oil Symposium July 18, 2010, attended by officials from international oil companies, foreign embassies and Iraqi ministries.

Plans vague, rely on oil

Plans vague, rely on oil

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.

Iran envoy office says no demands for Iraqi oil

Despite statements by a prominent Iranian oil official, Tehran has not hardened its policy on border oil fields and negotiations with Iraq are continuing.

Cabinet OK’s KRG payments

Cabinet OK’s KRG payments

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

Weapons find near oil field worries jumpy south

Weapons find near oil field worries jumpy south

Initial report that weapons were found on a key oil field spread concerns of threats to massive planned investment, though industry official says it is used to operating in tough places.

Chinese, Turkish companies to ink Missan oil fields contract Monday

Chinese, Turkish companies to ink Missan oil fields contract Monday

Iraqi Oil Ministry to sign contract for fields offered in June 2009 auction after months of negotiations.

Baghdad-KRG oil agreement closer but not reached

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.

Better ‘intel’ leads police to smuggling source

Better ‘intel’ leads police to smuggling source

No arrests have been made but police say increased intelligence and technical monitoring helped plug a smuggling hole in a vital pipeline.

Iraq gets better terms on two major deals

Iraq gets better terms on two major deals

Oil Ministry converts larger loan from Exxon and Eni to smaller non-refundable signing bonus. It also received funding from the government to start a fourth state oil company.

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