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$0.5 per barrel for the producing provinces: An equitable share or additional revenue?

In its 21st ordinary meeting held on 9th June 2009 the Council of Ministers-CoM in Iraq decided to propose a draft law which provide every producing province (Governorate) a 50 cent for every barrel of oil produced by it  >> More..

Iraq Watch - Zero-Sum Game

Collapsing oil prices and dwindling revenues are forcing Iraq’s oil ministry to review the terms of the first bid round it launched last summer  >> More..

Iraq Watch - Legal Limbo

In response to the controversy over whether the Iraqi oil ministry has the right to award oil field development contracts under its first bid round  >> More..

Iraq Watch - Confused Priorities

A second bid round for Iraq’s upstream sector, currently being prepared by the oil ministry, promises to transform the country’s oil industry  >> More..

Iraq Watch - The Need for Clarity

Iraq finally unveiled the terms of its big upstream opening. International oil companies now realize that to win a 20-year service contract to rehabilitate  >> More..

Jabbar Al-Luaibi

Former Director General of South Oil Co and oil ministry advisor Jabbar al-Luaibi discusses in an interview with Ruba Husari in Dubai May 16, 2009 the state of the oil fields in southern Iraq and the reasons behind the recent loss in production capacity at Iraq’s major producing oil fields  >> More..

Thamir Al-Ghadban

Former Oil Minister and Chief Advisor to the Iraqi Prime Minister Thamir al-Ghadban talks to Ruba Husari in London April 29, 2009  >> More..

Drilling Dilemma

Oil production in Iraqi oil fields in the south of the country is falling by an average of 7% per year. The problem: a high water cut that is forcing South Oil Co. (SOC) engineers to shut down wells one after the other  >> More..
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