Tag Archive for 'Sunni Islam'

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State Dept. slams Hunt Oil-Iraq deal

Published September 28, 2007, 4:15 pm in Oil

The U.S. State Department said oil companies who sign deals in Iraq with the Kurdistan Regional Government are taking a risk, and this is what they tell companies who contact them.

When queried about the Hunt Oil deal signed with the KRG earlier this month, a state department spokesman said he was “not sure how much contact” Hunt had with the U.S. government prior to the signing, but that it hurts efforts at reconciliation and a national oil law.

Read the story from today’s press briefing HE…

U.S. not happy with Hunt Oil

Published September 27, 2007, 4:39 pm in Oil

U.S. Embassy officials in Baghdad told reporters Dallas-based Hunt Oil’s deal with the Kurdistan Regional Government has “needlessly elevated tensions” with the federal Iraq government. AFP has the story from Baghdad.

I’ll bring it up at Friday’s State Department briefing here in Washington, if there is one. So far the U.S. government has been fairly mum amidst accusations the deal undermined U.S. policy in Iraq and that CEO Ray Hunt’s connections to President Bush had something to do w…

Iraq and the Oil Overshadowed

Published September 25, 2007, 3:13 pm in Oil

As the U.S. and world media play with President’s Bush and Ahmadinejad, there is a slowdown of Iraq energy related information.

However, Oil Minister Hussain al-Shahristani is none too pleased with the KRG.

Also in today’s Iraq Oil Report, Iraq offers Jordan more discounts to the oil.

Plus, at the end, I’ll supply some details to a few great comments to IOR.

First, Shahristani and the KRG. He’s long been an opponent of the KRG signing their own deals, calling them illegal. Mariam Karou…

Clearing up the muddy Iraq oil debate

Published September 21, 2007, 4:02 pm in Oil

This is a good time to clear up some of the issues surrounding the debate over Iraq’s oil and proposed legislation related to the hydrocarbons sector.

Oil Law Semantics

Except for President Bush, most members of Congress and others detached, the “Oil Law,” also referred to as the “Oil and Gas Law” and the “Hydrocarbons Law,” DOES NOT, let’s repeat, DOES NOT address revenue sharing except for calling for a SEPARATE REVENUE SHARING LAW.

The Oil Law is the main piece of legislation that the …

Iraq War, Oil and Greenspan’s Gospel

Published September 18, 2007, 3:39 pm in Oil and Politics

The U.S. media blew up, and the Bush administration responded, when the 20 words from former Fed. Reserve Chair Alan Greenspan’s new book called out the oil motive for the Iraq war.

Greenspan utilized his 15 minutes on the book circuit to explain what he meant to say, an apparent attempt to take the heat off of Pres. Bush.

With the word of war with Iran (no. 2 in both oil and gas reserves) heating up, Greenspan’s explanation is all the more vivid: those who depend on oil will protect the s…

It must be bad for the oil law…

Published September 13, 2007, 1:50 pm in Oil and Politics

…if The New York Times is writing about it A1, top of the fold.

Also in today’s Iraq Oil Report, the U.S. wants to ink deals with Sadr while its top Anbar ally is assassinated.

But first, James Glantz writes the tender deal making on the law governing Iraq’s vast reserves seems to be falling apart as political leadership cannot find middle ground on the extent of federalism and foreign investment.

I’ve been explaining the rift since last year, and most recently Sept. 4 for UPI.

And, …

Governing Kirkuk

Published September 12, 2007, 4:21 pm in Oil and Politics

I am a responsible person and in assuming government responsibility, I will not be afraid. I was subjected to many assassination attacks but I was not afraid. Since I’ve accepted to assume responsibility, I should be able to cope with such responsibility and I’m never afraid and I’ll never be afraid. This is a motive for me to work harder and harder to make things more secure and stable.

Read the entire conversation with Abdul Rahman Mustafa, governor of the highly contentious and oil-ric…

Iraq security keeps investors away, as does oil law

Published September 5, 2007, 4:31 pm in Oil

Security in Iraq is a major holdup to investment there, sometimes second only to the lack of a law governing Iraq’s vast oil and gas reserves.Various security plans, by Iraqi and U.S. forces, are intended to break the cycle of violence, but little of the ambitions for Iraq’s future will take hold until its citizens face fewer day-to-day threats to their lives.
What is the main issue to me, as long as security problem is there, it is very difficult to get service companies to Iraq,” said the gene…

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