Press conference confirms June 29 contract awards; KRG deals must be approved by Oil Ministry.
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Oil Minister summoned by Parliament as differences intensify in Iraq.
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Mixed messages from Iraq as Oil Minister comes out against Kurdish oil exports.
Budget hopeful on oil rise
An increase in exports and oil prices could allow Iraq to boost spending later this year.
Model contract delay, but other activity increases
Iraqi model contract is delayed, while the Syria pipeline is retendered and service companies start to return.
Security of Iraq oil expected to improve with Umm Qasr port revamp
Plus: *After the Istanbul meetings with international oil companies *Now Prime Minister Maliki takes charge *Electricity Ministry reaches out to Iran, Syria, Turkey counterparts *Obama calls Turkish leaders, talks include Iraq *Japan makes pre-loan visit to Basra *U.S. says Western investment incoming *Pres. Talabani's party in limbo *Much more The Iraqi Navy is paying the [...]
- 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…
- Iraq’s Constitution needs fixing before the oil law can be moved, top MP says…
- Dispute arises over accusation Iran is stealing Iraq oil from field, involved in smuggling …
Iraq power generation at 2003 levels
Iraq is now producing as much power as it did on the eve of the US-led invasion of 2003 but is still meeting barely 50 percent of peak demand, a senior electricity ministry official said. "2008 is the first year when production has reached the level prior to that of Saddam Hussein's fall," the ministry's [...]
Water fight
Iraq warns Turkey on Euphrates water supplies.




