Energy

Pipeline delays cap Iraq’s northern exports

The Iraqi side of the Iraq-Turkey Pipeline is still months away from coming online — a consequence of years of dysfunction that deprived Iraq of strategic export flexibility.

Workers from the State Company for Oil Projects rehabilitate the Iraqi side of the Iraq-Turkey Pipeline in February 2026. (Photo credit: SCOP)

Nov 23, 2009

Heritage drops Genel takeover

Establishment of largest player in Iraqi Kurdistan now scrapped after Eni buyout of Heritage’s Uganda assets and KRG payments still disputed.

Nov 16, 2009

Baghdad sends oil delegation to KRG – UPDATE

Deputy oil ministers lead team in rapprochement with new Kurdish leadership in Erbil, ministry officially denies it’s a business trip.

Oct 21, 2009

Daura refinery expansion on time

Fast-track may now be difficult but adding 70,000 bpd capacity by February is on track.

Oct 20, 2009

Nippon consortium wins Nassiriya

The Japanese consortium’s bid chosen for ECP contract that will lead to as much as a 10 fold increase in production.

Oct 20, 2009

Big companies getting closer to big Iraq oil fields

Four oil fields from Iraq’s first licensing round in June are at various stages nearing a final agreement as companies rush to take Iraq’s terms.

Oct 19, 2009

Meetings move Iraq closer to next oil field auction

Terms become more clear as Oil Ministry officials meet with hopeful foreign companies ironing out details of the December bidding round.

Oct 16, 2009

Minister expert says Shell gas deal within two months

Asri Mousa says technicalities, not politics, have delayed the joint venture to capture Basra gas.

Oct 16, 2009

Mesopotamia Petroleum confirmed out of Iraq drilling venture

Iraq drilling chief says MPC out after failing to fulfill financial obligations; IDC aims for 150 wells and 250K bpd in 2010.

Oct 15, 2009

Progress but no deal yet on Shell-Iraq gas company

Oil Ministry, British Embassy say negotiations continuing and joint venture gas company is reachable goal.

Oct 15, 2009

Second auction still slated for December

Oil Ministry says rumors of delay in second oil field auction are not true.