Iraq may be on the cusp of a revenue windfall after losing billions of dollars annually due of its insufficient oil production facilities, according to investors. Development goals include capturing gas flares, or the gas burned off during oil production, to convert into usable energy and which Siemens estimates could save Iraq $5.2 billion over the next four years. Work
Read MoreIraq’s semi-autonomous Kurds upgraded their oil export pipeline to accommodate future production growth from their region as well as from the contested Kirkuk area controlled by the central government in Baghdad. The Kurdistan Regional Government completed improvements to the pipeline to the Mediterranean port of Ceyhan, Turkey, by installing another pumping station in
Read MoreWhen the Iraqi autonomous region of Kurdistan went looking for someone brave enough to pump billions of dollars into developing its large oil and gas reserves, it found a man who has never been accused of lacking courage: Igor Sechin, an old friend of Russian president Vladimir Putin. The chief executive of Rosneft, Russia’s state-owned oil company, has ignored fears of conf
Read MoreLast month, protests broke out in Basra after the Iranian government cut one-third of the total electricityused by Iraq’s second-largest city. Demonstrations against power shortages and other longstanding grievances such as unemployment quickly spread throughout Iraq’s Shia-majority south, leading Prime Minister Haider al-Abadi to dismiss his minister of electricity. Ir
Read MoreThe longest-serving American in Iraq's oil sector gives an insider's account of tactical victories, strategic blunders, and hidden agendas in post-2003 reconstruction. By BEN LANDO of Iraq Oil Report Published Tuesday, May 22nd, 2018 Gary Vogler was a veteran of the U.S. Army, Mobil Oil, and ExxonMobil when he joined the Pentagon's pre-invasion Energy Infras
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