On Feb. 20, the Iraqi Oil Ministry signed a memorandum of understanding with the Iranian Oil Ministry to settle disputes over the joint oil fields and examine the possibility of building a pipeline to export crude oil from the Kirkuk fields, in the north of Iraq, through Iran. The ministry also wants to study moving Iraqi crude oil to the Iranian Abadan refinery. According t
Read MoreTillerson firm spending billions to drill for oil DUBAI (CNNMoney) - ExxonMobil may have a problem in Iraq. The country is one of seven covered by President Trump's travel ban. And the company is the only American firm still operating under an oil license granted by the Iraqi government. ExxonMobil's presence in Iraq is the work of former CEO Rex Tillerson, now Trump's pic
Read MoreWELCOME TO IRAQ ENERGY FORUM 2017 On behalf of the Iraq Energy Institute it is my pleasure to welcome you to the 3rd Iraq Energy Forum (IEF 2017), taking place in Baghdad, overlooking the River Tigris, at the 5-Star Babylon Hotel, on the 2nd and 3rd of April 2017. With the patronage of the Iraqi Government and the support of H.E. Prime Minister Haider al Abadi and H.E. Oil Mi
Read MoreWhen Ashti Hawrami, the oil minister from Iraq’s largely autonomous Kurdistan region, unfurled a map of untapped oil fields for a team of ExxonMobil officials in the spring of 2011, they saw possibility and profit. The minister pointed to the blocks that had already been taken by other foreign firms as Iraqi Kurdistan, long at odds with the country’s central government over
Read MoreA trip to Baghdad in 2013 offered the Exxon CEO a taste of the complicated Middle East politics he'll have to navigate if he becomes secretary of state. As CEO of ExxonMobil, Rex Tillerson, President-elect Donald Trump’s pick for secretary of state, had to deal with the antagonism between Iraq's central government and the regional government in the Kurdish north In 2013, Re
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