Iraq Oil/HCL

Eni Zubair Field Accord to Come Within 2 Weeks, Scaroni Says

Keonee — Tue, 17 Nov 2009 16:32:23 GMT

Eni Zubair Field Accord to Come Within 2 Weeks, Scaroni Says Nov. 17 (Bloomberg) -- Eni SpA will probably sign a final agreement within the next two weeks with the Iraqi government to develop the Zubair oil field, Chief Executive Paolo Scaroni said today in Rome. Scaroni spoke to reporters on the sidelines of testimony he gave to the Senate Environment Committee. His comments, initially reported by Radiocor news wire, were confirmed by a company spokeswoman who asked not to be identified. ...

Iraq puts off decision on oilfield again

Keonee — Tue, 17 Nov 2009 16:29:08 GMT

Iraq puts off decision on oilfield again Tue Nov 17, 2009 BAGHDAD, Nov 17 (Reuters) - Iraq's cabinet cancelled a Tuesday meeting at which it had been expected to approve deals with Western oil majors for the West Qurna and Zubair oilfields, because too many ministers were out of town, officials said. It was not immediately clear when the decisions would now be taken but cabinet would likely try to hold a session before its next scheduled meeting on Nov. 24, said Ali al-Moussawi, ...

Iraqi Cabinet approves Exxon Mobil-Shell oil deal

wyogal — Mon, 16 Nov 2009 19:34:14 GMT

Iraqi Cabinet approves Exxon Mobil-Shell oil deal QASSIM ABDUL-ZAHRA Published: November 16, 2009 BAGHDAD (AP) � Iraq's government approved a major oil deal with a consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC to develop a prized oil field in the country's south, the prime minister said Tuesday. The two companies will develop the 8.6 billion barrel West Qurna 1 field, where they plan to boost production nearly 10 fold from ...

High oil delegation will meet Prime Minister of the Kurdistan region of Iraq

Cat561 — Mon, 16 Nov 2009 14:09:57 GMT

High oil delegation will meet Prime Minister of the Kurdistan region of Iraq | Monday, 16 November / October second 2009 13:25 | Print Understandings between the various parties Baghdad Sent the Minister of Oil Dr..Hussain al-Shahristani and Kelly Ministry Karim Laibi Motasem Akram and Economic Department and director of high-good to the Kurdistan Region to offer congratulations to Dr. Barham Saleh on the occasion of his accession to the chairmanship of the Minister of the Territory ...

Investment Authority of Dhi Qar create the two plots of land for construction of oil Msfiin

Cat561 — Mon, 16 Nov 2009 14:39:11 GMT

Investment Authority of Dhi Qar create the two plots of land for construction of oil Msfiin 16 11 2009 14:16 16 11 2009 14:16 Our Home Iraq - Nasiriya U.S. Spokesman for the Astosmarve Waqar Hussein Al Jabri that "the Commission has allocated two plots of land for construction of Msfiin one with a capacity of 2000 dunums, and the other with a capacity of 400 acres north of Nasiriyah." He told Al Jabri (Iraq is our home) that "the Company (Yemen Petroleum) provided ...

Oil minister�s answers convincing, says lawmaker

Keonee — Wed, 11 Nov 2009 13:46:35 GMT

Oil minister�s answers convincing, says lawmaker November 11, 2009 - 09:58:13 BAGHDAD / Aswat al-Iraq: MP from the Iraqi Accord Front (IAF), Rashied Azzawi, said on Wednesday that Oil Minister Hussein al-Shahrestani�s answers during the parliament�s session were convincing. �Al-Shahrestani�s answers during the session that was held on Tuesday (Nov. 10) were convincing as he answered seven questions out of the total 30 questions presented during the session,� al-Azzawi told Aswat ...

Bassem Sharif: one questioning the terms of the Constitution and must be adhered to

Cat561 — Mon, 16 Nov 2009 14:12:15 GMT

Bassem Sharif: one questioning the terms of the Constitution and must be adhered to MP Bassem Sharif, a cluster of virtue that questioning is one of the provisions of the constitution and must be adhered to, noting that the House will fail due to application of the Constitution. Sharif said during a news conference that the bloc virtue has no knowledge of the questioner quizzed oil minister, that the questions did not politicize the electoral propaganda, as some claim. . The Sheriff ...

Iraq: 2nd bidding round to see competitive offers

Keonee — Sun, 15 Nov 2009 14:00:24 GMT

Iraq: 2nd bidding round to see competitive offers Released : Sunday, November 15, 2009 7:59 AM BAGHDAD-Iraq's oil minister expects "good competitive offers" from international oil companies in a second round of bidding due to be held next month on the country's lucrative oil fields. Hussain al-Shahristani said Sunday the per-barrel-produced fee will be "studied carefully" to reach a "fair price" to develop 15 oil fields offered in 10 projects. Iraq's ...

Lawmakers challenge Iraqi oil contracts

wyogal — Mon, 09 Nov 2009 19:34:23 GMT

Lawmakers challenge Iraqi oil contracts BAGHDAD, Nov. 9 (UPI) -- The contracts signed by international oil companies jockeying for a stake in the vast oil resources in Iraq are illegal, a lawmaker said. A small group of lawmakers in Iraq protested the series of deals awarded to BP, Exxon Mobil and other international oil majors to explore southern oil reserves, The Wall Street Journal reports. A national hydrocarbon law is stalled currently in Parliament. Recent ...

Delegation of Federal Oil Ministry arrives in Kurdistan Region

Keonee — Sun, 15 Nov 2009 14:15:34 GMT

Delegation of Federal Oil Ministry arrives in Kurdistan Region 15-11-2009 In an exclusive statement to PUKmedia correspondent, a source from Iraqi oil ministry said that a high-ranking delegation from the ministry included the ministry�s Undersecretaries Hussein Luaibee and Mutasim Akram, and head of contracts department Hassan al-Rufaiee arrived in Erbil City on Sunday November 15, 2009. The source mentioned that the delegation will meet with KRG officials to discuss the ...

Iraq, Eni-led group sign initial Zubair deal

Keonee — Sun, 15 Nov 2009 14:05:52 GMT

Iraq, Eni-led group sign initial Zubair deal BAGHDAD: Released : Sunday, November 15, 2009 12:01 AM Iraq's oil ministry signed an initial agreement with a consortium led by Italian oil major Eni to develop Zubair oilfield and said it also expected to ink a pact on Nassiriya in the coming days. Iraq, emerging from years of violence triggered by the 2003 US invasion, is seeking funds to help its energy sector overcome decades of war, sanctions and underinvestment and turn itself ...

BP, CNPC sign Iraq's Rumaila contract

Keonee — Sun, 15 Nov 2009 14:03:31 GMT

BP, CNPC sign Iraq's Rumaila contract BAGHDAD: Released : Sunday, November 15, 2009 12:01 AM British oil major BP and China's CNPC signed Iraq's first major new oil deal since the 2003 US invasion, snapping up a development contract for the Rumaila oil field, one of the world's biggest. The 20-year contract for the southern oilfield is the first of several deals Iraq expects to sign in the coming weeks and months as it tries to catapult itself to third place from 11th in the ...

Did Big Oil Win the War in Iraq?

wyogal — Sat, 14 Nov 2009 18:08:35 GMT

Did Big Oil Win the War in Iraq? By Antonia Juhasz, AlterNet. Posted November 14, 2009. As U.S. and British oil companies sign contracts with the Iraqi government, is it time to declare Big Oil the "victor" in the bloody venture? Last week, ExxonMobil became the first U.S. oil company in 35 years to sign an oil-production contract with the government of Iraq. As I write, several other contracts with the world�s largest oil companies are being finalized, and more are ...

5 global firms vie to invest Nasseriya refinery

Keonee — Sat, 14 Nov 2009 14:34:06 GMT

5 global firms vie to invest Nasseriya refinery November 14, 2009 - 08:58:13 THI-QAR / Aswat al-Iraq: The Thi-Qar investment commission said it would set up an investment oil refinery after five global firms offered requests in this respect, according to the commission�s chief. �Five international corporations have offered to build two types of oil refineries at capacities of 300,000 barrels per day and 250,000 bpd in a bid to cover the province�s needs within a short time frame,� ...

Nabucco anticipates Iraqi gas

Keonee — Fri, 13 Nov 2009 18:06:34 GMT

Nabucco anticipates Iraqi gas Released : Friday, November 13, 2009 12:59 PM Representatives from the Vienna-based consortium for the Nabucco gas pipeline expressed confidence Iraqi gas could be contracted for the project. Massoud Barzani, president of the Kurdistan Regional Government, told European lawmakers earlier this week that designating Iraqi gas for the Nabucco project would be beneficial. "Linking the Iraqi pipeline to the Nabucco would enable Kurdistan to play ...

Iraq plan for 12 mln bpd oil output 'crazy' -Total

wyogal — Fri, 13 Nov 2009 17:24:05 GMT

Iraq plan for 12 mln bpd oil output 'crazy' -Total 11.13.09, 11:55 AM EST NEW YORK, Nov 13 (Reuters) - Iraq should be able to boost oil production significantly through fresh foreign investment, but plans to raise oil output to 10 million-12 million barrels a day are not realistic, the chief executive of French oil giant Total SA said. Iraqi government officials have said new bidding rounds to attract foreign oil companies to develop the country's oil reserves may result in eventual ...

Management of oil revenues from the jurisdiction of the central government

Cat561 — Fri, 13 Nov 2009 14:27:08 GMT

Hassani: Management of oil revenues from the jurisdiction of the central government Bar News | 13/11/2009 Baghdad / Orr News MP Abdul-Hadi al-Hassani, The management of oil revenues from the jurisdiction of the central government exclusively, while Bayazid Hassan, the deputy pointed out that the proceeds should be distributed to the provinces on the basis of population with a given percentage of the producing regions. The Hassani, a member of the Commission on oil and gas representative ...

Iraq's oil reveal Stock Exchange for the sale of stolen crude to the level of illegal

Cat561 — Thu, 12 Nov 2009 15:49:15 GMT

Iraq's oil reveal Stock Exchange for the sale of stolen crude to the level of illegal Oil Ministry revealed the existence of exchange for the sale of stolen crude oil to refineries civil illegally deployed in force this year in the Kurdistan region and surrounding areas. The inspector general of the ministry Ala Mohiuddin in an interview with the morning that new cases of smuggling of crude oil and petroleum products emerged during the current year has intensified dramatically in the ...

Iraq raised oil prices in the contracts of December to America and reduce it to Asia

Cat561 — Thu, 12 Nov 2009 14:18:26 GMT

Iraq raised oil prices in the contracts of December to America and reduce it to Asia PostDateIcon | Thursday, November 12 / the November 2009 13:25 | Print Iraq is changing oil prices بغداد Baghdad - State-owned Oil Marketing Organization (Somo) said on Thursday that Iraq has submitted the official selling price of Basrah Light crude to buyers in the U.S. for December was 25 cents below the price of West Texas Intermediate rose 4.70 dollars a barrel ... Iraq ...

Shahristani: no need to raise production levels OPEC's December meeting

dodyb — Thu, 12 Nov 2009 04:44:00 GMT

Wednesday, 11 2009 06:29 GMT Oil Minister Hussain al-Shahristani told Reuters he did not need to raise production levels OPEC's December meeting, though prices at eighty dollars a barrel does not hurt global growth. He added that Iraq did not believe that the real demand for oil in the global market require any increase in production. He added that current prices natural and support the growth of the global economy. http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&tl=en&u=http://alsumaria.com/ar/Economics-News-Iraq/3-40286-.html&rurl=translate.google.com&usg=ALkJrhge8tz1BYE1Iinz6TB4w34zCkzBnQ

revealed thefts Virtue Party in the Oil Ministry, Motion to withdraw confidence from the al-Shahristani

Cat561 — Wed, 11 Nov 2009 21:21:49 GMT

After it was revealed thefts Virtue Party in the Oil Ministry, Vice Motion to withdraw confidence from the al-Shahristani On: Wed, 12/11/2009 12:53 After the Virtue Party deputies investigating corruption in the files of the Ministry of Oil at the conclusion of questioning to its Minister, Dr. Hussein al-Shahristani, who emphasized that took place prior to taking over the ministry ..... As was learned that representatives of international oil companies that have invested or ...

Iraq Seeks Gasoline, Products for Delivery in First Half 2010

Keonee — Wed, 11 Nov 2009 14:00:05 GMT

Iraq Seeks Gasoline, Products for Delivery in First Half 2010 Nov. 11 (Bloomberg) -- Iraq, owner of the world�s third- largest crude reserves, is seeking to buy gasoline and other refined oil products for the first half of 2010. The State Oil Marketing Co. is looking to buy about 123,750 metric tons of gasoline a month for delivery at Khor Al-Zubair from Jan. 1 until June 30, according to a tender posted on the Oil Ministry�s Web site. Bids are due by 12 p.m. on Nov. 25 and can be ...

Iraqi PM: Cabinet to discuss Zubair deal next week

Keonee — Tue, 10 Nov 2009 16:28:56 GMT

Iraqi PM: Cabinet to discuss Zubair deal next week QASSIM ABDUL-ZAHRA, Associated Press Writer Released : Tuesday, November 10, 2009 11:21 AM BAGHDAD-Iraq's Cabinet will meet next week to ratify a deal with a consortium led by Italy's Eni SpA to develop a prized southern oil field, the prime minister said Tuesday. Eni, the U.S.'s Occidental Petroleum Corp. and South Korea's KOGAS last week initialed a deal to develop the 4.1 billion barrel Zubair field, with an eye toward ...

Barzani is the subject of oil during a visit to Belgium

Cat561 — Wed, 11 Nov 2009 14:19:00 GMT

Barzani criticizes management of the wealth of the Iraqi Baghdad Criticized Massoud Barzani, President of the Kurdistan region of Iraq, has spoken in Brussels on Tuesday, what he called a lack of transparency in the management of the Iraqi central government to file energy and wealth of the country. Barzani said the report published by Asharq al-Awsat that his country has invested huge sums to develop the oil production sector, but the results remain pending until now, which calls ...

Iraq Invites Bids From Drilling-Equipment Suppliers by Nov. 22

Keonee — Wed, 11 Nov 2009 14:02:48 GMT

Iraq Invites Bids From Drilling-Equipment Suppliers by Nov. 22 Nov. 11 (Bloomberg) -- Iraq, holder of the world�s third- largest oil reserves, is seeking bids from providers of drilling equipment as the Persian Gulf producer seeks to increase crude output from fields and new wells. Potential bidders can request conditions and equipment specifications from Iraqi Drilling Co., according to a tender document posted on the Oil Ministry�s Web site. Interested companies should make technical ...

Iraqi Cabinet approves Exxon Mobil-Shell oil deal

Keonee — Tue, 10 Nov 2009 15:33:42 GMT

Iraqi Cabinet approves Exxon Mobil-Shell oil deal Released : Tuesday, November 10, 2009 6:35 AM BAGHDAD-Iraq's prime minister says his Cabinet has approved a deal with a consortium led by U.S.-based Exxon Mobil to develop a prized oil field in the country's south. The Exxon Mobil-Royal Dutch Shell group will develop the 8.6 billion West Qurna 1 field and received $1.90 per barrel produced. It plans to boost production from 280,000 barrels per day to 2.325 million barrels within ...

Iraq government puts off ratifying two oil agreements

dejavu — Wed, 11 Nov 2009 12:37:28 GMT

Iraq government puts off ratifying two oil agreements Wednesday, November 11, 2009 10:22 GMT Iraq government said that it put off ratifying oil two oil agreements till next week. The first with a consortium led by Exxon-Mobil which awards the company development rights over the huge West Qurna oilfield and another agreement with Eni for the Zubair oilfield. The government intends to ratify Zubair oil field contract on November 17 after discussing some items in the agreement which ...

The Ministry was able to increase oil production in Iraq of one million and 835 thousand barrels t

Cat561 — Wed, 11 Nov 2009 00:01:46 GMT

Shahristani during interrogation: The Ministry was able to increase oil production in Iraq of one million and 835 thousand barrels to reach and 400 thousand barrels 2009-11-11 00:51:43 2009-11-11 00:51:43 BAGHDAD (Iba) .. said Oil Minister Hussain al-Shahristani, during questioning at the House of Representatives today, "said the ministry was able to increase oil production in Iraq of one million and 835 thousand barrels per day in 2006 when he took over as oil minister and مليونين ...

Iraq's Kurds to hold on to oil revenues -Barzani

Keonee — Tue, 10 Nov 2009 16:41:08 GMT

Iraq's Kurds to hold on to oil revenues -Barzani Tue Nov 10, 2009 * Kurdish president says revenues belong to Kurds * Iraqi government failed with oil law, Barzani says By Luke Baker BRUSSELS, Nov 10 (Reuters) - The president of Iraq's Kurdish region criticised the central government on Tuesday for its failure to draw up a clear law on sharing oil revenues and said the Kurds would hold on to what they earn for now. Speaking during a visit to the European Parliament, ...

discusses ways to invest oil refinery by a British company, with funding from three international banks

Cat561 — Tue, 10 Nov 2009 23:57:04 GMT

Meeting in Dhi Qar, discusses ways to invest oil refinery by a British company, with funding from three international banks Tuesday 10 / 11 / 2009 : Network news Nasiriyah / Morteza Hamid: Held Tuesday in the building of the province of Dhi Qar met to discuss the Law No. 64 of the oil refineries, investment and the possible establishment of Dhi Qar refinery . Investment by a company Baiarmd Limited Kumbeni British. Chairman of the investment of Dhi Qar, said Dr. Ismail Aboudi ...

Japan's Nippon must come to Baghdad for oil deal-Iraq

Keonee — Tue, 10 Nov 2009 17:42:03 GMT

Japan's Nippon must come to Baghdad for oil deal-Iraq 2009-11-10 BAGHDAD, Nov 10 (Reuters) - Iraq's oil minister said on Tuesday Nippon Oil Corp must come to its Baghdad offices to seal a deal on the Nassiriya oilfield, expressing surprise at the company's refusal to visit its headquarters. A delegation from Nippon arrived in Baghdad earlier this month, but refused to leave the airport and come to the oil ministry to finalise a deal, Hussain al-Shahristani said. "It was ...

the case of question the oil minister has nothing to do oil licenses

Cat561 — Tue, 10 Nov 2009 14:59:11 GMT

Conscious / MP Karim Mohsen: the case of question the oil minister has nothing to do oil licenses Ihab Conscious / Baghdad / SH 10/11/2009 10/11/2009 3:37 pm 3:37 pm A member of the Iraqi Parliament Deputy Karim Mohsen on the mass of the Islamic virtue that the issue of question the oil minister is not related to licensing oil, but the conduct of the ministry during the past four years. He improved in a statement singled out by the reporter (news agency, Iraqi Information / ...

Hasani's (News): papers question the oil minister for not amount to interrogation and turned the case to the promotion of media

dodyb — Mon, 09 Nov 2009 04:56:51 GMT

Between the House of Representatives member from the United Iraqi Alliance bloc, Abdul Hadi al-Hassani said the oil law and the law of the national oil company is more important than the question the oil minister and that any questioning of place is incorrect and the electoral law and hold elections on schedule is the most important as well as questioning. He said al-Hassani told (news) The control is necessary and we do not accept any exercise of the fiscal imbalances and corruption Adarai, ...

Warning light is on for OPEC over Iraqi oil deals

dodyb — Mon, 09 Nov 2009 23:02:50 GMT

The US seeks independence from crude imports, and the greying of Japan�s population points to a steady decline in oil consumption by Asia�s largest economy. But the latest threat to OPEC comes from one of its own. Last week, Iraq, a founding member of the 12-nation group of oil exporters, signed three huge deals with foreign energy firms that in seven years could nearly triple the country�s output capacity to more than 7 million barrels per day (bpd). Several more contracts may be awarded ...

Iraq hopes to pump 6 million barrels of oil from three fields

dodyb — Mon, 09 Nov 2009 15:06:56 GMT

DUBAI (CNN): Iraq expects to pump more than 6 million barrels of oil a day from three fields after the completion of development in tenders won by foreign oil companies, according to the report. And received the "BP" British recently by the "Exxon" of America and a number of international oil companies recently for contracts to develop oilfields Rmeil, Zubair, West Qurna, in the first post-war bid for the development of the oil sector in June. Quoted "Bloomberg" ...

Marooned on Sea of Iraqi Oil, but Unable to Tap Its Wealth

wyogal — Sat, 07 Nov 2009 19:01:31 GMT

Marooned on Sea of Iraqi Oil, but Unable to Tap Its Wealth By TIMOTHY WILLIAMS Published: November 7, 2009 Joao Silva for The New York Times Poverty is rampant in Basra, Iraq, despite its oil fields. Few area residents can find jobs at the nearby refinery. By TIMOTHY WILLIAMS Published: November 7, 2009 BASRA, Iraq � The orange glow of the giant natural gas flares in the oil fields around Basra represents this bustling city�s wealth of natural resources. But for ...

BP may go slow on Rumaila before Iraq vote

wyogal — Sat, 07 Nov 2009 21:40:50 GMT

BP may go slow on Rumaila before Iraq vote Reuters/Baghdad ‎10 minutes ago‎ British oil major BP and its Chinese partner CNPC will be slow to pour investment funds into Iraq�s supergiant Rumaila oilfield until they know the outcome of next year�s election, energy experts said. The 20-year service contract that the firms signed with Iraq on Tuesday allows them to do just that. BP and CNPC are committed to spending $300mn in the first 33 months, a small amount ...

Western Oil Majors Reluctantly Return to Iraq

wyogal — Sat, 07 Nov 2009 19:28:56 GMT

Western Oil Majors Reluctantly Return to Iraq By Jason Simpkins Managing Editor Money Morning Exxon Mobil Corp. (NYSE: XOM) and Royal Dutch Shell PLC (NYSE ADR: RDS.A, RDS.B) on Thursday won the right to develop Iraq�s West Qurna-1 oilfield. The agreement is the third such deal this year, which means Iraqi oil production could increase at a faster pace than previously expected and potentially lead to a drop in oil prices. Iraqi officials earlier this week finalized an agreement with ...

The news we have received from the travel of al-Shahristani and his family on Wednesday, "on interrogation" to Saudi Arabia

Cat561 — Sat, 07 Nov 2009 15:42:59 GMT

A successor (News): The news we have received from the travel of al-Shahristani and his family on Wednesday, "on interrogation" to Saudi Arabia On: Sat, 07-11-2009 02:07 evening Confirmed the decision of the Commission on oil and gas Jaber Khalifa Jaber received word refers to the travel and Oil Minister Hussain al-Shahristani with his family Wednesday to Saudi Arabia to perform the rites of Hajj, the same day, which marks the deadline to interrogate al-Shahristani, the Iraqi ...

Rehabilitation of oil wells, one east of Amara after he stopped working for a year

Cat561 — Sat, 07 Nov 2009 00:43:50 GMT

Rehabilitation of oil wells, one east of Amara after he stopped working for a year Director of Information Maysan Oil Company, Ali Abbas Sadek said technical and engineering staff completed the reclamation of one oil wells east of Amarah, after he stopped working for a year. He is sincere in a press statement that technical and engineering staff in the Maysan Oil Company completed the rehabilitation of wells Hlvaip / 1 eastern city of Amara, adding that he was used in a modern way of ...

Exxon-Shell consortium wins West Qurna 1 deal

Neno — Fri, 06 Nov 2009 18:09:32 GMT

Exxon-Shell consortium wins West Qurna 1 deal By SINAN SALAHEDDIN Associated Press Writer Posted: 11/05/2009 04:36:19 AM MST http://www.elpasotimes.com/military/ci_13719337 BAGHDAD�A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy sector. The deal to develop the 8.6 billion West Qurna ...

BP and CNPC to Develop Iraq's Super-Giant Rumaila Field

Neno — Fri, 06 Nov 2009 18:06:13 GMT

BP and CNPC to Develop Iraq's Super-Giant Rumaila Field http://www.oilvoice.com/n/BP_and_CNPC_to_Develop_Iraqs_SuperGiant_Rumaila_Field/da20d1201.aspx 06 November 2009 BP, and China National Petroleum Corporation (CNPC), have signed a technical service contract with Iraq's state-owned South Oil Company (SOC) to expand production from the Rumaila oilfield, near Basra in southern Iraq The signing follows BP's successful bid for the contract with CNPC in Baghdad in June. The consortium ...

Eni expects final approval to develop the Zubair field in the coming days

Cat561 — Fri, 06 Nov 2009 15:47:03 GMT

Eni expects final approval to develop the Zubair field in the coming days PostDateIcon | Thursday, November 05 / the November 2009 Italian Eni development of field-Zubayr Paolo Scaroni, chief executive of Italian oil company Eni said on Wednesday that his company expects to receive final approval from the Iraqi government in the next few days on a contract for the Zubair oil field development ... The Scaroni said on the sidelines of the meeting "We have signed their initials ...

Russia is seeking to activate the oil cooperation with Iraq

day dreamer — Tue, 03 Nov 2009 23:12:20 GMT

Russia is seeking to activate the oil cooperation with Iraq BAGHDAD - morning Said the heads of leading Russian oil companies are ready to enter the Iraqi oil sector. For investment or partnership with the public sector or private Iraqis. After working mechanisms suited to the two sides. Where, the president of Rosneft, the largest oil producer in Russia, said the company was considering the possibility of participating in bidding Iraqi oil with a partner. 2009. Especially ...

Exxon, Shell Record Results contract to develop an oil field in southern Iraq

day dreamer — Thu, 05 Nov 2009 10:50:20 GMT

Exxon, Shell Record Results contract to develop an oil field in southern Iraq

(Voice of Iraq) - 05-11-2009 The Ministry of Oil Iraqi coalition wins U.S. companies Exxon Mobil and Royal Dutch Shell Group to hold the development of West Qurna oil field in southern Iraq. He said Asim Jihad, spokesman for the ministry told the French press that the ...

Iraqi Lawmakers Irked Over BP Oil Contract

Neno — Thu, 05 Nov 2009 14:55:17 GMT

Iraqi Lawmakers Irked Over BP Oil Contract

Published on November 04, 2009 by EU News Network (EUNewsNet.com and OfficialWire) LONDON, ENGLAND

British oil major BP took control of the Rumaila oil field in Iraq to the ire of Iraqi lawmakers who complain the deal is in violation of national ...

Security still issue for Iraqi oil

Neno — Thu, 05 Nov 2009 14:51:26 GMT

Security still issue for Iraqi oil Published: Nov. 4, 2009 at 1:18 PM LONDON, Nov. 4 (UPI) -- Investors could shy away from a December auction for the East Baghdad oil field that lies under [color:89df=blue !important][color:89df=blue !important]the [color:89df=blue !important]streets of Baghdad on security concerns, analysts say. Iraq holds its second round of bidding for oil and gas fields Dec. 11. On the auction block is the East Baghdad oil field that holds an estimated ...

bb cnbc and sign the first major Iraqi oil deal since the invasion, deputies say it is unconstitutional

dodyb — Wed, 04 Nov 2009 23:25:01 GMT

Neighborhood: at the time of some politicians is a British company to develop the North Rumaila unconstitutional and illegal and BP signed a major me. My Lucy. That. Me. C. On Tuesday, Chinese first major oil deal in Iraq since the U.S. invasion in 2003, snapped up two companies contract to develop Rumaila one of the largest oil fields in the world. Rumaila is held the first of several decades is expected to be entered into by Iraq in the weeks and months ahead as he seeks to rise from the ...

Shahristani: oil contracts did not need to be approved by the House of Representatives

dodyb — Wed, 04 Nov 2009 23:15:14 GMT

Oil Minister Hussain al-Shahristani said that oil contracts signed by the Oil Ministry with foreign companies did not need to be approved by the House of Representatives, saying it (the contract) "require the approval of the Council of Ministers after the exposure and the Oil Ministry's Council, which endorses it." He said, "what's on the House of Representatives of international conventions that regulate only between two or more are not presented by the conventions and commercial ...

Oil enter the initiation stage installed production capacity of Rumaila

dodyb — Wed, 04 Nov 2009 23:22:59 GMT

The Oil Ministry announced that the contract with two British and China will prove productive capacity of Rumaila for up to two million eight hundred and fifty thousand barrels per day The authoritative source in the ministry in a statement to the press section in the National Media Center said the contract was drafted in its final form, will be entering in the start line under the supervision of specialists from the Ministry of Oil and developers of the field. He said he will hold joint ...