By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Necessary U.S. Role in Fixing the Baghdad-Kurdistan Energy Dispute On February 15, 2022, Iraq's Federal Supreme Court ruled that the 2007 oil and gas […]
By John Lee. The Minister of Natural Resources of the Kurdistan Regional Government (KRG) has filed a civil suit against the Baghdad Minister of Oil, accusing him of sending emails and letters with the intention of intimidating international oil companies (IOCs) and interfering with the contractual rights of the IOCs and the KRG. The KRG […]
By John Lee. The Judicial Council of Kurdistan Region of Iraq has issued a statement saying that the provisions of its oil law (Law No. 22, 2007) do not violate the Iraqi Constitution and therefore should be recognized as "standing laws". The statement follows months of dispute between Baghdad and Erbil regarding control of the […]
By Haider Ibrahim for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Dispute over Iraqi Kurdistan's energy resources ramps up The Iraqi Ministry of Oil has announced plans to establish a new oil company for the Kurdistan Region. Click here to […]
By John Lee. The KRG's Council of Ministers held its weekly meeting on Wednesday, led by Prime Minister Masrour Barzani. Referring to the recent round of discussions to resolve the dispute over oil sales between Erbil and Baghdad, the Council stressed the importance of continuing to defend the Kurdistan Region's constitutional rights within Iraq. It […]
By John Lee. The Iraqi federal government in Baghdad and the Kurdistan Regional Government (KRG) have concluded a first round of talks to discuss the management of the Kurdistan region's oil and gas resources. The meeting follows the ruling by a federal court in February that exports of oil and gas from the Kurdistan region […]
By Samuel Ramani, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. What does Russia's war in Ukraine mean for Iraq? Although Iraq has avoided taking sides in Russia's war with Ukraine, the conflict could exacerbate factional divisions and […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. IOC's Strategic Positioning in Iraq Upstream Petroleum Much talk have been circulating recently on "Big Oil" abandoning Iraq upstream petroleum projects after they rushed into the country many years ago. How much […]
By Alessandro Bacci. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s Fifth Licensing Round: Some Preliminary Considerations After the Auction On the morning and afternoon of April 26, 2018, I participated in a petroleum scholar workshop organized in London by the Association of […]
By John Lee. The Ministry of Oil's Petroleum Contracts and Licensing Directorate (PCLD) has published the templates for the contracts to be used for the 5th oil licensing round, the results of which were announced last week. Exploration, development and production contract (EDPC) Development and production contract (DPD) (Source: Ministry of Oil)
By Alessandro Bacci. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Alessandro Bacci is an independent energy consultant in relation to business strategy and corporate diplomacy (policy, government, and public affairs). Much of his activity is linked to the MENA region, an area where […]
Iraq is giving international oil companies (IOCs) just two weeks to evaluate a new contract model that will serve as the basis of an upcoming bidding round for 11 oil exploration and development projects. The Oil Ministry has set April 15 as the deadline for companies to submit bids, according to Abdul Mahdy al-Ameedi, director […]
