Plus: Targeting the pirates that may be targeting Iraq’s oil Ahmad Chalabi’s back Consequences of the Turkish incursion and fight with Iraq Reliance Industries, the Indian private major, has signed a production sharing contract with the Kurdistan Regional Government for two exploration blocks, Verma and Simon Webb report for Reuters. Details are slight, and only […]
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Iraqi Kurd government to announce two more oil deals soon … Reliance paid $15M+ as signing bonus
Iraq’s Kurdistan Regional Government will announce two more oil deals in coming days as it develops its oil sector with state-owned and private oil firms. There has been no response yet from Baghdad after the KRG’s announcement yesterday of another six production-sharing contracts it has signed. The KRG’s semiautonomous region in Iraq’s north has the […]
Analysis: Baghdad plotting retaliation against Exxon, wayward IOCs
Kurdistan's contractors have escaped serious consequences for defying Baghdad's claims of oil sector supremacy – but central government leaders are preparing to follow through on their threats.
International actions urge against Iraq oil law, say no good oil decisions can be made under occupation…
Plus: *A recap of Iraq’s current and potential oil sector *Petrel Resources gets Iraq oil extension, ready for bids *Reliance Industries staying out *Electricity Ministry demands more money to provide power *Much, much more… A coalition of U.S. veterans, unions and activists, who fear Iraq’s draft oil law is part of an orchestrated effort to […]