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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)
Dec 22, 2008

Iraq oil exports see increase but not enough to offset price slump

Plus: *Confusion remains over first bidding round as round 2 announced *Heritage spuds in KRG *U.S. pressing for extension of immunity for Iraq oil revenue *Paris Club makes good on forgiving last 20 percent *Basra: U.S. troops in, elections coming, federal state fight looms *Women’s rights leader beheaded in Kirkuk *Alive in Baghdad: Journalists Still […]

Dec 8, 2008

Iraq Petroleum Co. driller in his youth, now returns to sign first Iraq joint venture

Plus: *PKK announces Eid ceasefire, rapprochement *Basra to begin regionalism signature campaign *Peshmerga rep in Baghdad for talks *New life at Anbar university It's been 50 years since Peter Redman drilled wells on Iraq's Zubair and Rumaila fields on behalf of British Petroleum, a major stakeholder of the Iraq Petroleum Co., which controlled Iraq's oil […]

Dec 7, 2008

Iraq Drilling Co. and Mesopotamia Petroleum announce joint venture

Iraq Drilling Co. says a joint venture is imminent with U.K.-based Mesopotamia Petroleum Co. Idriss Muhsen al-Yassiri, the director general of IDC, one of the companies of the Iraq Oil Ministry, made the announcement Sunday at the Iraq Energy Expo & Conference in Baghdad. Yassiri was explaining the need to enhance Iraq's drilling capabilities to […]

Dec 5, 2008

Iraq oil exports from two northern fields not guaranteed

*Oil and money flow remain to be decided *Oil law, constitution among other related roadblocks Plus: *Highlights of the first ever Baghdad-based Iraq oil conference *Shahristani pitches 10-year plan to global oil industry *Refugees feel brunt of oil price drop * Alive in Baghdad: Still No Electricity Surge *Iraq Press Roundup *Much more While two […]

Dec 3, 2008

Iraqis find dialogue on oil issues in London

Plus: *Oil prices spark need for more oil to meet budget *Could help Iraq in long run *Increase oil production needs investment *KRG responds to Maliki *India’s ONGC third in line for Saddam deal renegotiate *The Trains of Iraq *Iraq Press Roundup *U.N. may need pact with U.S. in Iraq A conference to connect Iraq […]

Nov 26, 2008

Iraq politicians question Shell gas deal transparency

Plus: *Reality sets in as KRG-Baghdad make oil export agreement *PKK bombing of Kirkuk-Ceyhan pipeline requires new Turkish strategy *Update and more exclusive documents on the Status Of Forces Agreement *The Iraq Press Roundup *Much more Key members of Iraq’s Parliament, including the chairman of the Oil & Gas Committee, have issued a statement outlining […]

Nov 24, 2008

Shahristani in Erbil: DNO, Taq Taq oil exports OK from north Iraq

*Export issues remain *No deal reached on other KRG oil deals *Khurmala dome to be joint developed *Iraq oil exports increase but income drops with oil price Two companies developing oil fields in Iraq's Kurdistan region received approval from Baghdad to tie in to the northern Iraq pipeline, a company official said. An official from […]

Nov 18, 2008

No moves on Iraq oil law in KRG-Baghdad talks

Plus: *Iraq Oil Report update delays *Get your copy of the Shell-Iraq gas Heads of Agreement *PetroVietnam renegotiating Saddam-era oil deal *Iraq Human Rights Commission awaits Presidency Council OK *Iraq Oil Report Exclusive: Text of Human Rights Commission law *What is the "Green Zone"? *The Iraq Press Roundup Apologies to readers: over the past week […]

Nov 10, 2008

KRG’s Hawrami pans Iraq oil law movement

Plus: *Another Iraq critic of the Shell gas deal *Kirkuk oil flows to Turkey again *Obama’s Iraq *Alive in Baghdad: Iraqi Professors Demand Rights *Much more News of the Iraq oil law being sent to Parliament may be a little too optimistic. "Two weeks ago (Kurdistan Regional Government President) Massoud Barzani was in Baghdad for […]

Nov 6, 2008

Iraq, Shell: gas deal not a monopoly, as documents and top lawmaker contend

Plus: *Iraq oil law expected next week in Parliament *Northern Iraq oil exports stopped on Kirkuk-Ceyhan pipeline blast *Six state oil firms added to bidding list *Iraq Press Roundup *Much more Officials at Royal Dutch Shell and the Iraqi Oil Ministry refute claims that a proposed gas joint venture would have exclusive access to Basra […]