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Energy

Four days until Iraq oil and gas fields unveiled to international oil firms

Plus: *More details ahead of the roadshow *Kurdish national MP says oil law moving *KRG minister says natural gas to provide power for Kurds, industry and all of Iraq *Barzani heads to Baghdad for talks soon *Oil Search starts drilling *Shahristani talks pipeline plans *U.S. report warns of upcoming ethnic violence *Turkey readies for incursion […]

Dana and Crescent start gas production in northern Iraq

Plus: *Egypt sends Oil Minister for cooperation talks *Missan province oil products depot is underway *Turkey restarts northern Iraq bombings after PKK attack *Iraq's brightest stars can't shine in their homeland *Hakim starts campaigning *Iraq Press Roundup Iraq’s Kurdistan region is producing gas from projects signed with partners Dana Gas and Crescent. Gas is being […]

Iraq to offer 82 percent of proven oil reserves to international oil companies

Plus: *Premier out of bidding for various, unconfirmed reasons *Talabani, Aso discuss oil ties *Sterling dishes KRG oil stakes to Korea, Addax *Electricity minister explains set backs, signs deals with GM and Siemens *Much, much more Iraq’s Oil Ministry Oct. 13 will not only take a major step forward to bringing foreign oil companies into […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]