According to early reports of a still-unfinished government formation process, Deputy Oil Minister Abdul Karim Luaibi will be oil minister.
According to previously undisclosed communiqué, Kurdish leaders want specific oil and revenue laws passed in 2011 and say KRG should decide constitutionality of its oil deals.
Iraq’s political and fiscal realities appear to be pushing Baghdad closer to its oil rivals in Kurdistan, though the two sides remain wedged apart by both bitterness and key policy differences.
New post to coordinate all energy policies allows PM Maliki to retain power in case he doesn't keep Oil Ministry.
Ministry officials initialed contracts for Mansuriya and Siba fields, but Anbar province protests have worked, stalling Akkas. All three deals hinge on the formation of a new government, which looks more likely after the weekend.
Inclusive government may have fallen apart before it touched a piece of legislation.
Days before a court-mandated meeting of Parliament, Iraq’s leaders capped a round of power-sharing talks with optimistic televised speeches but little tangible progress.
As Prime Minister Maliki forges a Shiite governing coalition, Iraq’s Sunnis turn their backs on Baghdad.
Deals with Marathon and Murphy the first of expected Iraqi Kurdistan oil deals that have US worried about reconciliation and Baghdad unusually quiet amidst government formation talks.
Iraq has increased its reserves and signed the world’s largest companies to boost oil and gas production. Iraqis wonder whether the hydrocarbon revolution will bring them prosperity or ruin.
