By giving oil revenue to citizens, Iraq can diversify its economy, reduce poverty, and start bridging national divisions, writes Middle East oil expert Johnny West.
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Iraq outlines the plan for the two-day roadshow next month where pre-qualified oil companies will get details on the 12 exploration blocks in the January auction.
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An investigation is ongoing into a bombing of a tank farm in Basra, but production and exports are steady after a brief slowdown.
Basra oil workers’ boycott imminent
Police are readying for oilfield workers in Iraq's largest producing fields to prevent foreign workers from entering the sites in a protest over compensation.
More details, delay for Iraq 4th bidding round
A fourth auction of hydrocarbons projects, this time for exploration blocks, will take place in January not November for dozens of pre-qualified International Oil Companies.
Prevention, attacks target oil
Basra refinery targeted days after Jihadist website promotes oil sector attacks, while government crackdown causes delays at gas stations.
- 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.
- Gen. Petraeus recruits world’s largest energy companies on behalf of Prime Minister Maliki …
- Basra amidst violence may see major push by previously ineffective Iraqi troops…
Basra gas deal with Shell stalled
Negotiations on joint venture company to capture wasted natural gas have ended and project will be put to tender, said Iraqi Minister of Electricity.
Baiji sees corruption cleanup, saving Iraq oil from smugglers
Plus much more in this long-weekend edition of Iraq Oil Report, including updates on more going on in the oil and electricity sector, election results revealed, and the status of key security, societal and economic issues. A must read: One might call them the Batman and Robin of the Bayji oil refinery. Together Ali al-Obaidi, [...]
