Iraq’s Oil Historical Perspective: Why? When? How? By Tariq Shafiq *

Table of Contents 1. Why? Iraq’s Oil, the Jewel in a global context: Iraq’s vital techno-economics statistics: Iraq’s Oil and Gas Reserve Iraq’s Oil and Gas in a Global Context A, B and C Iraq Oil Forecast & IEA 2012 Study Graphs  2. When? The Concession Era: the loot of the First World War and 2003 Occupation The Concession & Nationalised Eras The New

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Karbala refinery on track. By AYMAN OGHANNA/Iraq Oil Report

BAGHDAD - An engineering, procurement and construction (EPC) contract to build the $4 billion Karbala refinery will be signed by the beginning of 2014, part of a revived effort by Baghdad to boost its neglected refining sector. "It was supposed to be awarded this year, but there were some issues related to the [budget] allocations for it, and probably it will be awarded at the

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Dana Gas takes Kurdistan to court, By Patrick Osgood of Iraq Oil Report

ERBIL - The consortium managing the only producing natural gas field in Iraq's autonomous Kurdistan region is taking the Kurdistan Regional Government (KRG) to court, alleging overdue payments that are likely to total over $2 billion. The dispute threatens to send an uncharacteristically chilling signal to foreign companies that have generally lauded the KRG's Ministry of Natur

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Re-visiting the Myths of Oil Policies* A Book Review “Oil Policies, Oil Myths” (Dr. Fadhil CHALABI, 2010) By Luay J. Al Khatteeb**, Oct 2012.

Not since Jahangir Amuzeger’s study Managing the Oil Wealth: OPEC Windfalls and Pitfalls (2001) has there been an authoritative study of OPEC. This time Dr. Chalabi’s study is from inside the organisation and for the first time we get an opportunity to see the truth about the workings of OPEC as he sets about chronicling its history. From its beginning in 1960, when Standard oi

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Storm clouds threaten Iraq’s striking oil revival, By Guy Chazan

Storm clouds threaten Iraq’s striking oil revival, By Guy Chazan When it comes to the world’s rising oil powers, none has risen quite as quickly – and with such profound implications for global crude markets – as Iraq. Ravaged by decades of war and sanctions, Iraq’s oil industry is making a remarkable recovery. Production has rebounded strongly thanks to big investments by wes

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