Two ex-oil ministers favor it, the current oil minister opposes it, but a hearing this week over a new Iraqi National Oil Company indicates Parliament may be serious about legislating.
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Iraq's Transportation Ministry holds a conference aimed to facilitate collaboration among government ministries and foreign oil companies in support of the upcoming, massive oil production increase.
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Abdul Karim Luaibi began his career as a deputy engineer for the South Oil Company, and now takes the helm of the Oil Ministry.
Controversial Shell gas deal given to cabinet
Oil Minister said it's now up to the council of ministers to approve joint venture with Royal Dutch Shell and Mitsubishi to capture gas being wasted in Basra.
- Iraq intent on boosting oil production by 17 percent; security and investment still uncertain …
- Kirkuk exports to Turkey expected to rise this month, though full restart of pipeline unknown …
- Big Oil to sign Iraq deals soon … Battle for Basra, Iraq’s Oil … Insurgents strong in Mosul on smuggling …
- Kurds’ new oil deals … Baghdad’s critique … Khurmala controversy … and more…
- State Dept. slams Hunt Oil-Iraq deal
Iraq moves to regain stature atop OPEC
Fifty years after the cartel was founded in Baghdad, Iraq is attempting to overcome political and technical obstacles to snatch the oil crown from the Saudis.
- Shahristani on KRG deals … billions to boost production … Iraq gas for Nabucco … Electricity hunt
- Iraq says “No,” again, to Lukoil deal … Smuggling Iraq’s fortunes … The Turkish Invasion
- Iraq oil, below the volatile south and north strife
- Hunt Oil talked to State Dept. prior to signing KRG deal, contrary to prior statements
- KRG issues warning shot to Shahristani
