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)

Sep 26, 2008

Petrel makes case for ‘Little Oil’ in Iraq

Plus: *Petrel also says Oil Ministry agrees to payment, ditches Kurdish partner *Confirmation and details of KRG-South Korea oil investment *Fields in second oil and gas bidding round discussed *Kanaqin residents say fight is over oil, future in Iraq *Alive in Baghdad: Sadr City vs. the Walls *Food rations to be cut *Election rules ban […]

Sep 25, 2008

Iraq’s Kurdistan Regional Government signs oil exploration deal with South Korea

Media reports from Seoul say a Korea National Oil Corp.-led consortium has signed oil contracts with Iraq's Kurdistan Regional Government. The contracts were not verified by the KRG, which typically issues announcements when oil contracts are signed, Ben Lando reports for United Press International. It has signed more than 20 production-sharing contracts since 2004, despite […]

Sep 24, 2008

Iraq–China oil deal made final next week

Plus: *Progress on another joint venture, this time for oil drilling *What the passage of an election law means *Iraq Press Roundup An Iraqi oil ministry spokesman says Iraq and China will finalize a US$3 billion oil agreement next week. Assem Jihad says a Chinese delegation will visit Baghdad to sign the deal, The Associated […]

Sep 23, 2008

Shell opens secret Baghdad office

Plus: *A needed debrief of the Shell gas project *Iraq oil exports drop *U.S. loses $13 billion in Iraq reconstruction funds *KRG inks power deal, puts wind and hydro to tender *Night lights in Baghdad neighborhood *Parliament Elections: Sunni tribal elders, Moqtada Sadr to run *Iraq Press Roundup *Much more Hits and Misses of Shell-Iraq […]

Sep 23, 2008

Iraq, Shell make steps toward joint gas company

Final deal still far down the road Iraq's Oil Ministry has inked an initial agreement with Royal Dutch Shell to establish a company aimed at utilizing natural gas currently being burned off in Basra province, Ben Lando reports for United Press International. The Heads of Agreement, as Shell officials describe it, is a preliminary legal […]

Sep 18, 2008

Iraq oil exports back near normal

* Repairs following storms in south and northern bomb successful Plus: *Maliki reportedly asks British for energy help *Parliamentarians displeased with Electricity Minister *Iraq preps record budget for 2009 *Cholera epidemic spreads *Reidar Visser on the Democratic Party’s Iraq plan Iraq has resumed oil exports following a storm that shut in the southern port of […]

Sep 15, 2008

Iraq oil output drops, bombs and storms blamed

Plus: *Oil Ministry to explain oil and gas bidding to companies in London next month *Karbala sees 13 power projects *Finance Ministry agrees to worker demands *Recap of weekend violence highlights troubled future *Artists transform the blast walls *Exploring Al-Qaida in Iraq and the Awakening’s fate *Much more A bomb blast on an oil pipeline […]

Sep 12, 2008

DNO expands Tawke oil contract area in Iraq Kurdistan region

Plus: *DNO nearer to export oil *IMF gives Iraq marks on economy *Basra power plant up and running *Rumors over Maliki future *Alive in Baghdad: Sadr City *Much more Norway's DNO will expand its successful Tawke project in northern Iraq, moving closer to being able to export oil via pipeline, Ben Lando reports for United […]

Sep 11, 2008

Shell gas deal for south Iraq in a year

Plus: * Total, Shell confirm oil TSA talks over * Baghdad energy conference postponed to December * Alleged secret Defense Ministry torture prison found in Basra * Alive in Baghdad: Shanasheel, Iraqi Traditional Architecture * Much more Iraq expects to sign a gas deal with Royal Dutch Shell within a year and negotiations to sign […]

Sep 9, 2008

Iraq opts for long term oil deals, ditches no-bids

Plus: *More on the Shell gas deal *German, UAE and Iran investors eye southern refineries *Alive in Baghdad: Selling Fuel *Kidnapping in the NOC Iraq won't award temporary oilfield services contracts to international companies before a bidding round aimed at bringing in foreign expertise to boost crude production, Oil Minister Hussain al-Shahristani said, Bloomberg News […]