Published
February 25, 2008,
7:59 pm in
Oil
Plus:
*Brits’ new Basra economic chief acknowledges concern over denationalization of natural resources
*KRG Pres. Massoud Barzani’s Baghdad beef
*Baiji-Baghdad-Anbar railway reconstruction begins
*Much, much more…
Fears continue, as does the Turkish invasion into northern Iraq, that the latter will cut supplies of oil in Iraq, thus buoying the price of oil.
While Agence France-Presse reports of worries over OPEC production cuts, violence in northern Iraq, while deadly and potentially a pow…
Published
February 24, 2008,
8:58 am in
Politics
Plus:
*A recap of Iraq’s current and potential oil sector
*Petrel Resources gets Iraq oil extension, ready for bids
*Reliance Industries staying out
*Electricity Ministry demands more money to provide power
*Much, much more…
A coalition of U.S. veterans, unions and activists, who fear Iraq’s draft oil law is part of an orchestrated effort to turn Iraq’s oil reserves over to private international oil companies, said at a press conference in Washington Friday that such pressure should b…
Published
February 16, 2008,
2:11 pm in
Oil
Plus:
*Iraq’s Parliament approved three crucial laws, barely, but nothing doing with the oil law
*Baghdad’s water supply cut for half of its residents
*Power workers protest lax Electricity Ministry
*Electricity and Oil Ministry’s work together to stem fuel, power shortages
*Mahmoud Ahmadinejad’s upcoming Iraqi visit
Media reports from Seoul say Iraq’s Kurds have signed deals for oil and other projects with a South Korea consortium, but details are sketchy, United Press International re…
Published
February 14, 2008,
1:14 am in
Oil
Plus:
*Iraq assurances to Lukoil not clear following massive debt forgiveness
*Electricity Ministry warns of even less power following more attacks
*Parliament’s passage of three key bills – analysis and understanding
*Much, much more…
Iraq’s legal framework is still uncertain, Big Oil firms say, though negotiations on oil and gas deals are ongoing and could wrap up by next month.
“Shell along with other major international oil companies are quite interested in future possibilities in th…
Plus:
*Russia and Iraq — quid pro quo on oil for debt
*Attacks on Iraq’s energy sector shut down power grid, bomb found on Electricity Ministry’s doorstep
*State Dept. critiqued by its own for lax dealings with Iraq government
*Iraqi Kurds in U.S. push for investment beyond oil
*Oil for refugees
*Much more…
Political disputes over Iraq’s Constitution need to be resolved before progress on the oil law, said the deputy head of the Parliament’s Energy Committee. “This will make the way to pass…
Published
February 7, 2008,
6:07 pm in
Oil
Plus:
*Iraqi Kurdistan’s oil minister calls for fairness
*ONGC Mittal looking at Iraq
*Hard time in Parliament, budget faces walkout
*Sadr, seriously
Oil has started to flow again in the northern pipeline from Kirkuk to Turkey, Alsumaria TV reports. The pipeline has seen worse days, such as most of the time since the war began. It has been a major target of insurgents, keeping it offline more times than not. But repairs and a new security program starting summer ’07 has allowed more oil to …
Published
February 4, 2008,
8:50 pm in
Security
Plus:
*Oil Majors get special crude instead of cash deal for upcoming oil deals
*Iraq-Jordan oil import deal solidifies
*Smugglers near Baiji set pipeline ablaze
*Oil union leader keys British anti-war tour
*Iraq sends delegation to Qatar for gas cooperation
*Italy’s Edison, Shell want into Iraq gas too
*Turkish op-ed denies cutting N. Iraq’s electricity
*Security, Society & Politics
*America in Iraq
Iraq’s Foreign Ministry says it has passed on a letter of warning to Tehran regarding accus…
There’s optimism in Iraq, at least from a mysterious cadre called the Energy Fusion Cell, which for the past eight months worked to bring coherence to both U.S. and Iraqi initiatives in the oil, gas and power sectors — the backbone of its citizens’ quality of life and the bulk of the national budget.
It’s a U.S. creation for sure, spearheaded by Iraq-based units in the Defense and State departments to meet U.S., U.N. and international finance and banking agreements. But it’s now gotten active …
Published
January 25, 2008,
4:34 pm in
Oil
Plus:
*Negotiated deals with Big Oil done by first quarter 2008
*Contracts on oil fields from bids signed by end ‘08, more next year
*Exports to Turkey resumes, fears remain it can’t deliver on crude contracts
*Political party that runs Basra may rejoin national government
*Iraq’s editorial pages
Iraq has its sights set on 300,000 to 400,000 extra barrels per day of production this year, a hope Oil Minister Hussain al-Shahristani pins on recent months of successful increases in oil flow and rel…
