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Energy

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 […]

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 […]