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After pushing its oil production to its highest level in a decade, Iraq is moving towards harnessing its vast gas reserves. It is scheduled to auction off 12 exploration blocks [...]

An overview of the Iraq's oil industry and the guidelines for creating a r esult oriented oil policy for optimal utilization of Iraq's oil reserves are presented.

The three major issues facing Iraq with respect to its oil industry and future policy options are discussed. These issues include its huge oil potential, domestic politics and future Iraqi oil policy that is required to reflect the political and economic conditions of the country.

The article states that restoration of the petroleum infrastructure should await the end of the occupation and the beginning of Iraqi governance.

While the world waits to see if the US will launch a military strike against Iraq to try to unseat Saddam Hussein, attention is turning to the country's future role [...]

Iraq has offered discounted oil and acreage to firms who are willing to invest on four oil refinery projects. The project is estimated to cost around $20 billion. The government will also allow investors to set prices for refined products.

Oil markets are bracing for an oil price collapse in 1991 even as war rages in the Persian Gulf. With the perception growing that the long feared threat of losing [...]

Soon after the fall of Saddam Hussain's government in April 2003, David Regan, Middle East head of Anglo-Australian energy giant BHP Billiton, met with Australia's Foreign Affairs Minister Alexander Downer [...]

A RECENT REPORT BY the Iraqi Oil Ministry has revealed that attacks on the country's oil pipelines and other infrastructure are becoming more frequent. Coming on top of disappointing production [...]

Two years and $154 billion into the war in Iraq, the United States has at least one significant new asset to show for it: effective membership, through our control of [...]

Iraq needs to have a plan for development of gas and petroleum refineries.

A new book about the invasion of Iraq and its aftermath should trouble even the most ardent liberal interventionist. Author Greg Muttitt talks to Derek Brower ASSUMING everything goes as [...]

Foreign oil companies are still finding Iraq a tough place to do business THE besuited band of executives from an international oil company had expected a different reception when they [...]

Byline: Taymor Farage, National Petroleum Services Co. Ltd. The Iraq Ministry of Electricity Administered the Country's Generation, transmission and distribution before the 1980s by building all major projects to the [...]

OPEC's Secretary General has said Iran and Libya will not follow Iraq's example and introduce a temporary embargo on oil exports in protest at the Israeli-Palestinian conflict. That has not [...]

ECONOMY Oil Rivers Run Deep The world's oil market was hit again last week when Saddam Hussein drew another arrow from his quiver, announcing a 30-day halt of Iraqi oil [...]

A senior Iraqi Oil Ministry official, Taha Mousa, said that the country's oil exports of 2.1 million bpd will be suspended for a one-month period. Mousa said that Iraq opposes [...]

The Indian government has given clearance for the export of India's largest ever order for power generating equipment. It comes from Iraq and involves the despatch of four gas turbine [...]

Is there a change in the wind regarding how OPEC will manage production in response to oil price changes? OPEC Pres. Yousef Yousfi has proposed an OPEC summit meeting, ahead [...]

A savage controversy over safeguarding the irreplaceable architectural treasures of ancient Babylon has been sparked over the future of a petroleum product pipeline, which would cut through that cradle of [...]

In June 2009, Iraq's Oil Ministry could only award one contract on its first post-war oil field licensing round. Fifteen months on, 11 more deals have been signed that Baghdad [...]

August was not a pleasant month for anyone living in Baghdad. As Iraq's heat wave entered its second month, the surge in power demand from the city's air conditioners meant [...]

It has been a busy two years for the Oil Ministry's legal department in Baghdad. Two licensing rounds have been concluded successfully, in which 10 oil fields were awarded to [...]

MIDDLE EAST The world economy may be creeping back towards growth, with the expected rise in demand for energy, but there has been little sign of that in the gently [...]

In the months that followed the US-led invasion of Iraq in 2003, the region's project market was busy gearing up for a once in a lifetime bonanza of opportunities - [...]

As one of the architects of Iraq's ambitious plans to lure energy majors to the country, Sabah Shibeeb al-Saidi could afford to breath a sigh of relief as 2009 drew [...]

When the electricity goes off in Irbil or Sulaimaniyah, plunging areas of the cities into darkness and cutting off the air conditioning, conversation usually continues as if nothing has happened. [...]

Iraq's oil and gas industry has been almost static since the US invasion five years ago, but 2009 is shaping up to be the year that defines the country's energy [...]

The European Union Dec. 8 pledged 25 million euros (about $33 million) toward the establishment of a nuclear fuel bank under the auspices of the International Atomic Energy Agency (IAEA). [...]

The conflicting positions of the State and Commerce Departments on private U.S. investments in independent Kurdish oil deals, without considering a future national oil policy in Iraq, are discussed.

The legality of production sharing contracts (PSCs) signed by Iraq's Kurdistan Regional Government (KRG) is being questioned. Based on the country's federal petroleum law, Kurdistan's PSCs require Baghdad's endorsement. However, federal Iraq did not enact its own legislation. In August 2007, a regional oil and gas law was approved in Kurdistan, and plans were made to offer 40 exploration blocks in order to allow the development of oil and gas fields.

The challenges facing Iraq in making judgments with respect to its oil industry and the repercussions of these decisions for global oil supply and prices, as revealed by Rice University Baker Institute's case study, are discussed.