Energy

Iraq seeks backup options for West Qurna 2

As a sanctions deadline looms, Basra Oil Company is poised to manage the 480,000 bpd field while Lukoil continues negotiating to sell its stake.

A ceremony at the West Qurna 2 oil field in Basra to mark the opening of two new well complexes on June 1, 2023. (JASSIM AL-JABIRI/Iraq Oil Report)

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 […]

Nov 4, 2008

Shell-Iraq gas company would be Basra natural gas monopoly

*Proposed joint venture could expand beyond Basra *Includes all gas, associated and non-associated, documents show Plus: *Oil Ministry presses Parliament on oil law action *Alive in Baghdad: Who would Iraqis vote for – McCain or Obama? *Violence in Context *Iraq Press Roundup *USIP: Iraq’s Cultural Heritage: Preserving the Past for the Sake of the Future […]

Oct 31, 2008

Iraq to join oil revenue transparency pact

Plus: *Oil Minister Shahristani joins PM Maliki’s coalition list *The Green Zone Sit-in *VIDEO: Two-part series on the Surge & Sadr *Operation Hotel California: entering Iraq in 2002 *Iraqi women face increasing threats *All Iraqis in danger with bad water It's an exhausting and complicated process, but Iraq is taking steps to open up its […]

Oct 30, 2008

Iraq oil revenue audit to be handed over to all-Iraqi team

Plus: *Oil law back in Parliament *New wells and other work to boost oil production *However, questions remain *Status Of Forces Agreement update *The Turkey-U.S.-Iraq-Iraqi Kurd dance *Iraq Press Roundup *Much more The U.N.-mandated auditor of Iraq's oil revenue says, despite accounting troubles, it is ready to hand off its work to an all-Iraqi team […]