Energy

Iraq takes action on illicit oil schemes

U.S. designation of a key oil sector logistics provider highlights sanctions risks, prompting Iraqi measures to combat corruption in fuel trading.

Iraqi Navy vessels take part in operations to combat illicit oil sales in August 2025. (Photo credit: GCPI)

Feb 6, 2009

U.N. planning oil and federalism meeting in northern Iraq

Iraq Oil Report can confirm an upcoming meeting on federalism and oil and gas management in Iraq, organized by the European Union and United Nations. The date cannot be confirmed as yet. Although Voices of Iraq reports the conference will be held in April and focus on the oil law, sources told IOR the draft […]

Feb 5, 2009

South Oil Co. leader calls for a new Iraqi National Oil Co.

Plus: *Elections insight following more oil news *Oil exports in January up again *Foster Wheeler gets south oil terminal deal *Abu Dhabi start-up Petromal, with Premier, wants Iraq deals *Korea firm starts oil work alone *The new U.S. Ambassador to Iraq *Alive in Baghdad: Night Life Returns to Baghdad *Treasury Dept. lists PJAK as terrorists […]

Jan 28, 2009

Former SCOP official laments ‘golden era’ for Iraq oil, optimistic for future

Plus: *Oil terminal moving from U.S. to Iraqi security *Finance Ministry orders oil report from Oil Ministry, issuing $5B in bonds, courting international banks *Elections begin *World Bank: 44 percent of Iraqis make less than $85/month *Battle Against Brutality: women in Iraq *Alive in Baghdad: Fake Pharmacies Plague Iraq *New SIGIR reports *Iraq Press Roundup […]

Jan 26, 2009

Iraq oil exports in December highest in five months

Plus: *Iraq reduces 2009 as oil price slides *Iran not involved with Majnoon development *Dora expansion is ready, Shahristani says Iraq to meet domestic fuel demand this year *Elections coming up *Alive in Baghdad: Pastry Shops Thriving in Iraq *Much more Iraq's oil exports in December were the highest since July as northern exports carried […]

Jan 16, 2009

Iraq responds to Russian oil courting

Plus: *Iraq reiterates Syria gas line plans *Ministry to discuss round 1 oil and gas bidding in Istanbul *Iraq election tactics: "iffy, illegal" *The missing Muntadar *Buying old Russian military equipment *Iraq Press Roundup *Much more A Russian delegation visiting Baghdad is attempting to reboot ties with Iraq. Russia was expecting a leg-up in either […]

Jan 14, 2009

U.S. watchdog cites KBR, U.S. and Iraq governments for poor south oil reconstruction

Plus: *Obama and Iraq *More Iraq oil news *Oil, Transport and Port workers meet for "Well-to-Wheel" in Amman *Pentagon Report: Iraqis lack basic services, fueling discontent *Basra and the ballot * War News Radio: On the Move, Iraq’s displaced families *Iraq Press Roundup * Alive in Baghdad: Ashura, A Sign of the Times A new […]

Jan 9, 2009

U.S. Supreme Court to determine future of Iraq’s oil funds

Plus: *2008 ends "sour" for Iraq oil, potential and roadblocks in 2009 *Natural gas loss at $15B annually *Maliki makes first premier visit to KRG *Elections and oil mark big 2009 in Iraq *Minorities in Iraq: the other victims *Alive in Baghdad: Iraq’s Free Press *Iraq Press Roundup *Much, much more… The U.S. Supreme Court […]

Jan 5, 2009

Iraq Oil Ministry opens oil and gas fields to more companies

Plus: *China starts Ahdab project *Iraq earns more than $60B in oil sales in 2008 *but low prices aren't the only trouble on the horizon *Coalition rebuilds Iraq Navy, guarding oil tankers *Iraq signs $70M Pratt & Whitney turbine deal *Torture continues: genital mutilation of girls in northern Iraq *Iraq Press Roundup Iraq's Oil Ministry […]

Dec 31, 2008

Iraq ends year unveiling oil and gas fields for second bidding round

Iraq on Wednesday opened up some of its most prized oil and gas fields to international firms that have been excluded for decades, part of new deals that could more than double its output within a few years, Ahmed Rasheed reports for Reuters. In a second bid round, following on from one earlier this year, […]

Dec 23, 2008

Iraq signs $80M in oil export surveys to boost output and mitigate disaster

Plus: *U.N. grants Iraq oil revenue immunity extension *Iraq brings firm in for partial Um Qasr port privatization *Parliament speaker on the way out *Iraqis protest another U.S. raid Iraq has signed contracts worth an estimated $80 million to repair fragile oil export infrastructure in the south and ready it for expansion. The Oil Ministry […]