As Iraq ramps up production, foreign firms are required to staff up with Iraqis, and qualified workers are in high demand but short supply.
A new U.S. law requiring companies to disclose payments to resource-rich governments could help lift the veil on Iraq’s oil-sector bookkeeping.
Three gas fields were offered; three were awarded. The Oil Ministry has taken a big step towards awakening the country’s dormant natural gas sector, despite opposition from some local leaders.
All three of Iraq's gas fields up for auction were awarded Wednesday to four international oil companies.
Iraq’s crude production already generates huge volumes of associated gas currently lost to flaring, yet the Oil Ministry will soon auction three dry gas fields for development. Iraqi oil insider Ahmed Mousa Jiyad asks: why?
Iraq is rushing to build export infrastructure, but not just because oil production is set to rise. The current pipelines could break at any moment, causing an economic and environmental disaster.
Iraq has signed a series of contracts that will create an additional 4.5 million bpd of export capacity by 2013 to handle a production boom and provide cover for needed repairs.
Iraq's oil reservoirs chief talks about the recent bounce in reserves, and tells where the next increase will come from.
The Oil Ministry revised its proven oil reserves upward by nearly 25 percent, a number that will increase as it lures investors, despite political challenges.
Provincial council will use its special oil-revenue fund to build a power plant – a move the Electricity Ministry says is not legitimate.
