Archive for the 'Iraq' Category



Anyone with time on their hands and a conscience in their heart should head down to Shell’s AGM tomorrow, to join the Corporate Pirates, listen to music from The Carbon Town Crier or comedy from Hands ON Iraqi Oil.
Go and show solidarity with the people of Rossport Ireland, Nigeria, Canada and beyond, who are fighting […]

The Iraqi Oil Windfall

New data on Iraq oil revenues suggests that country’s government will reap an even larger than expected windfall this year — as much as $70 billion — according to the special U.S. auditor for Iraq.
New figures from Iraq’s government show revenue from exports hit $5.83 billion in December — more than $1 billion over what […]

The Iraqi Oil Minister Hussein Al-Shahristani has said the country will likely drop oil service contracts with foreign companies if they don’t have their proposals finalized by a June deadline and will move forward with the work on its own.
“June is already a bit late… We may drop them if they aren’t signed soon ( […]

ENI’s chief executive Paolo Scaroni said he is “certain” the company will return to doing business in Iraq as soon as it is safe to do so, because it represents such an “opportunity”.
“What we know for sure is that Iraq produces 1.5 million barrels a day and it could be producing 5 million (a day),” […]

The Iraqi Prime Minister Nouri al-Maliki told the European Union yesterday that his nation is “open for business”.
Al-Maliki said that in return for opening its vast oil and gas reserves to investors, Iraq wants EU know-how to rebuild its tattered institutions and industrial base.





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