Iraq not bound by quota; struggling to reverse decline
Plus:
*Walid Khadduri on the return of Big Oil to Iraq
*Iraq presidency council gives oil smuggling law OK
*SOFA Update: English text and analysis
*Labor Minister target of suicide bomb
*Iraqis suffer for lack of basic services
*The Mahdi Army bides its time
*Much more
As OPEC decides to catch falling oil prices by cutting supply, Iraq Oil Minister Hussain al-Shahristani says anything below $80 per barrel will be a hit on next ye…
Plus:
*Petrel also says Oil Ministry agrees to payment, ditches Kurdish partner
*Confirmation and details of KRG-South Korea oil investment
*Fields in second oil and gas bidding round discussed
*Kanaqin residents say fight is over oil, future in Iraq
*Alive in Baghdad: Sadr City vs. the Walls
*Food rations to be cut
*Election rules ban some religious images
Iraqi oil and gas deals aren’t just for Big Oil as smaller firms already active in the country are better placed, the head of Petr…
Plus:
*Progress on another joint venture, this time for oil drilling
*What the passage of an election law means
*Iraq Press Roundup
An Iraqi oil ministry spokesman says Iraq and China will finalize a US$3 billion oil agreement next week. Assem Jihad says a Chinese delegation will visit Baghdad to sign the deal, The Associated Press reports.
The contract to develop the Ahdab field in southern Iraq is one of four Saddam-era contracts that the Oil Ministry has said it will uphold but reneg…
Plus:
*Parliament held up on election law
*Voter registration low
*Alive in Baghdad: Getting to School in Iraq
The Bush administration would press the Iraqi government to adopt an oil trust fund for distributing revenue or risk economic assistance under a bill proposed by Sens. Hillary Clinton and John Ensign, Ben Lando reports for United Press International.
The New York Democrat and the Nevada Republican see their legislation as an end-around the Iraqi political debate over an oil law…
Plus:
* Total, Shell confirm oil TSA talks over
* Baghdad energy conference postponed to December
* Alleged secret Defense Ministry torture prison found in Basra
* Alive in Baghdad: Shanasheel, Iraqi Traditional Architecture
* Much more
Iraq expects to sign a gas deal with Royal Dutch Shell within a year and negotiations to sign the deal will start soon, an Iraqi oil official said, Hassan Hafidh reports for Dow Jones Newswires. The Iraqi Oil Ministry needs to agree with Shell the terms o…
Oil negotiations between a handful of foreign companies and the government here appear stalled, setting back once again efforts to open up Iraqi oil fields to international companies, writes Gina Chon for The Wall Street Journal.
Oil Ministry officials had said they hoped to sign contracts by the end of June. That deadline came and went without a deal. Now, talks with major oil companies, such as Royal Dutch Shell PLC, BP PLC and Exxon Mobil Corp., appear to have hit new snags.
Iraq has term…
Plus:
*Lukoil still banking on W. Qurna 2
*Ministry of Industry and Minerals to build refineries
*Ministry of Oil to buy tankers
*Kurds pan U.N. proposal on some disputed territories
*Iraqis trying to live in Amman
*Alive in Baghdad: To be gay and Iraqi
The Iraqi Oil Ministry this month will announce the first round of tenders to develop several vast oil fields, a spokesman said Monday, The Associated Press reports. About 35 out of more than 70 international firms are qualified to compe…
Energy expert Luay Jawadal-Khatteeb calls Shell’s associated gas deal “unethical,” explains why Iraq needs a gas master plan that will meet domestic needs first.
Former U.S. Ambassador to Iraq addresses the criticism he’s received for attempting to enter Iraq’s oil sector.
The former U.S. Ambassador to Iraq runs a consulting firm focused on Iraq investments and has just been named to Norwegian oil firm DNO, whose Kurdish projects have stoked controversy. He talks to Iraq Oil Report.
