Head of Dhi Qar Oil Company replaced
Oil Minister Jabbar al-Luiebi has replaced the director general of the Dhi Qar Oil Company (DQOC), a new state-run oil company that otherwise appears primed for realizing growth. Ali Warid Continue Reading
Ajil oil field targeted in latest insurgent attacks
Militants from the self-proclaimed Islamic State (IS) exchanged mortar fire with Iraqi forces guarding the Ajil oil field Tuesday – the latest indication that a renewed insurgency is threatening northern Continue Reading
Top Basra officials implicated in electricity corruption
Basra Gov. Majid al-Nasrawi and Provincial Council Chairman Sabah al-Bazouni are both being investigated for possible corruption over a deal to increase electricity service. The two men are members of Continue Reading
Norway’s DNO financed for drilling in Kurdish region of Iraq
Norwegian energy company DNO said there’s been a steady string of financial support for its operations in the Kurdish north of Iraq. Photo courtesy of DNO July 10 (UPI) — Continue Reading
Iraq opens border fields for new investment
Foreign oil companies are invited to propose contracts – though not production sharing – for eight oil fields on the borders with Iran and Kuwait, as well as one offshore Continue Reading
Iraqi provincial elections postponed until 2018
Iraq’s most powerful political parties have agreed to delay provincial elections and hold them along with national parliamentary elections next spring. The government has not officially announced the postponement of Continue Reading
Iraqi oil minister silent on output, awaiting outcome of OPEC committee meeting
Iraqi oil minister Jabar al-Luaibi said on Monday he would wait for the outcome of OPEC’s upcoming committee meeting before pronouncing on whether or not the group of producers needs Continue Reading
The Mysterious Tanker Full Of Kurdish Oil Reappears Off Canada
The oil tanker loaded with crude from Kurdistan and thought to be headed to the U.S. before it turned off its tracker after exiting the Strait of Gibraltar a week Continue Reading
Rosneft in talks to develop disputed oilfields with Iraqi Kurdistan
Russia’s state-controlled oil company is in discussions with Iraqi Kurdistan over helping it develop oilfields in disputed territory at the heart of tensions with Baghdad, in a move that pitches Continue Reading
Kurdistan Denies U.S. Oil Export Claims
Iraq’s semi-autonomous region of Kurdistan has been assured by the buyers of its crude oil that the oil was not headed to the U.S., Kurdistan’s Minister of Natural Resources Ashti Continue Reading