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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An investigation is ongoing into a bombing of a tank farm in Basra, but production and exports are steady after a brief slowdown.
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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.
Contract for next auction in September
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.
Kuwait targets Iraqi crude
Kuwait Airways is threatening to seize Iraqi assets when UN immunities are lifted in July, to recover $1.2B from Saddam-era theft.
Elections: THE Iraq story
Plus: *Elections and Oil *Background and context for historic provincial vote *Oil big in the SIGIR quarterly report to Congress *Minister of Planning calls for privatizing oil sector *Japan-Iraq strike strategic agreement, including oil sector *Chevron exec cagey optimistic on Iraq oil *Iraq oil unions unite workers for upcoming conference *Oil price hits Iraq economy, [...]
- Dispute arises over accusation Iran is stealing Iraq oil from field, involved in smuggling …
- Turkey’s president forces U.S. to choose between it and Iraq’s Kurds over oil-rich Kirkuk and the PKK …
- Iraq oil up end-’07, sketchy ‘08 … Update on South Korea backlash
- New security for Iraq’s most important city … Kirkuk vote delayed … New oil tankers, Syria pipeline … 5M Iraq orphans …
- Attacks on oil and power sector continue, workers targeted … Kirkuk-Baiji line bombed … Women in Basra risk death by religious fundamentalists …
Iraq politicians question Shell gas deal transparency
Plus: *Reality sets in as KRG-Baghdad make oil export agreement *PKK bombing of Kirkuk-Ceyhan pipeline requires new Turkish strategy *Update and more exclusive documents on the Status Of Forces Agreement *The Iraq Press Roundup *Much more Key members of Iraq’s Parliament, including the chairman of the Oil & Gas Committee, have issued a statement outlining [...]
Mitsubishi added to Shell-Iraq gas deal
Plus: *Iraq sweetens deal to oil majors in Istanbul meetings *South Oil Co. offers oil companies 40 wells to drill *Walid Khadduri on oil and elections *Iran-Iraq meetings pledge oil, other economic trade boost *KRG changes legislative body name, says Qandil Mountains contained *Baghdad museum to reopen *Fallujah still in ruins *Joost Hiltermann: lessons of [...]
