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Tag Archives | Oil Deals
Former Iraq Oil Chief Blasts Baghdad’s New Crude Deals
Al-Luaiby’s remarks could increase pressure on Baghdad to revise contracts awarded to foreign companies. Ayad Allawi’s Iraqiya bloc, which won the most seats in the recent parliamentary election, said it would like to review oil contracts signed with the majors.
Iraq Ends Oil Row with Kurds
The oil dispute between Iraq and the autonomous northern region of Kurdistan has been resolved.
Iraq, Kurdistan Closer to Solution on Paying Oil Firms
Kurdish and federal Iraqi officials have agreed on potential mechanisms for paying oil firms operating in the Kurdish north but the proposals must be approved by the Iraqi cabinet.
Oil Ministry: licenses of first and second rounds will not be reviewed
The licenses of the first and second rounds of the Oil contracts will not be affected by the governmental changes and there is no third licensing round in the future.
Iraq Closes in on Big Oil Deals but Short of Power
Awash with oil, Iraq is poised to ink several mega oil deals that will vault it into the top ranks of world oil producers, but the war-shattered country is back to grappling massive power shortages after a brief respite. Peak winter consumption of electricity due to heaters being run has resulted in what appears to […]