Exxon warned on northern Iraq development Decmber 20 2012
BAGHDAD (UPI) : It would be a "grave mistake" for Exxon Mobil to start operations in contested border regions in northern Iraq, the country's deputy prime minister said.
Baghdad in April declared a Kurdish deal with U.S. supermajor Exxon frozen because of legal issues with oil contracts in the country. Exxon was blacklisted by the central government for its action.
Sami al-Askari, a member of the Iraqi Parliament close to Prime Minister Nouri al-Maliki, was quoted by The Washington Post as saying Exxon would "face the Iraqi army" should it lay "a finger" on contested border regions in northern Iraq. + Read More Link on Right
We want to pass a law of oil and gas out of respect for the Constitution Tuesday 18/12/2012 09:47 am
Noted MP / Kurdistan Alliance : Mahma Khalil, alliance desire to pass a law of oil and gas out of respect for the Constitution, pointing out that he was the first approvers on the draft law on February 15, 2007
Khalil said in a statement to Agence now News, "It is not permitted for a country like Iraq has huge oil wealth and the developed countries in oil production and reserves, which constitutes 90% of the country's budget to be without law of oil and gas. + http://www.alannews.com/news.php?action=view&id=3503
Exxon Mobil bribed politicians to cover up the secret deal rooted government warnings wall December 16 2012
Informed political sources revealed that the company "Exxon Mobil" exceeded all government warnings, not paid any attention to all the warnings addressed to them about their work in the Kurdistan region of Iraq.
The sources pointed out in separate statements that the company has sold held to another oil company, and received half the profits in advance, indicating that the other half of the profits Sttkadah during the term of the new oil company.
The sources said that this process marred blackout full by some government officials, although they constitute a breach of terms of the contract with the Iraqi government, indicating that these officials and some parties seeking to keep order deal and details "secret" because they have achieved financial benefits illegally for moving the deal and try to obtain approval by the government.
Noteworthy that the relevant authorities in the government warned Exxon Mobil to leave work and cut their relationship in contracting projects.
She added that the government warnings of the company to prevent it from selling the contract or convert it to another company and withdraw all projects contracted by the former Iraqi government. + http://www.qeraat.org/news.php?action=view&id=1346
Deputy State law calls for the Kurdistan region to comply with the government on contracts for oil companies Saturday, December 15 2012 09:02
Ambassador: News: He called for a coalition of state law Jabbar Kanani, officials of the Kurdistan region to comply with the central government on contracts for international companies to invest in oil wealth, while stressing the need for communication and dialogue to reach a draft oil and gas law.
Kinani said in an interview that "the central government and the National Alliance hoped to invest all areas of Iraq, so that exports oil and invest their wealth Interior," calling officials Kurdistan to "compatibility with the federal government in decades of international oil companies in order to see the light and be a good gesture to bring good for all. "
Kanani stressed the need for "communication and dialogue between all parties to reach a draft oil and gas law and the sharing of natural resources on the basis of Article 110 of the Constitution." + Read More Link on Right
Parliamentary oil: not entitled to ExxonMobil sale contract to another company 14/12/2012 09:06 AM
Babinaoz - agencies: The Commission on oil and energy parliamentary Friday that held the oil ministry with ExxonMobil that prevents it from selling its contract to another company without the consent of the Iraqi government, with Ezzat company withdrew the U.S. from Qurna to political conflicts between Baghdad and Erbil. said committee member Susan Saad said that "contracts Oil Ministry with investment companies to prevent the recent sell them to other companies, except with the consent Iraqi side, "asserting that" this procedure include ExxonMobil. "
said Saad that "controls the oil ministry after the withdrawal of any companies investing in the oil fields or gas, including re-launch the field of tender, where are invited companies that want the ministry to enter and not the company withdrawing, "indicating that" after laying bidding on the new company begin from where the company that preceded it. " and considered Saad to "cause the withdrawal of ExxonMobil from working in Qurna back to political conflicts between Baghdad and Erbil. " + Read More Link on Right
Iraqi official ruled out the adoption of the law of oil and gas 12/13/2012 10:18 AM
Khaleej Times newspaper : Ruled MP Adnan al-Janabi, head of the Oil and Energy Committee in the Iraqi parliament yesterday to reach consensus between the political blocs in the country, to approve oil and gas law to regulate the oil policy in Iraq during the current year.
Janabi said in a lecture during the conference of Iraq's Energy held yesterday that «there is a committee formed in September, includes oil minister in the federal government Abdulkarim Laibi and Minister of Natural Resources in the Kurdistan region of Ashti Hawrami, and representatives of parliamentary blocs to agree on the wording of the draft law of oil and gas, will not recognizes during the current session. + http://www.alrafedain.net/index.php?show=news&action=article&id=91359
United Nations criticizes the late adoption of the oil and gas law and calls passed 12/12/2012 11:46
Term Press / Baghdad: Criticized by the United Nations, on Wednesday, Iraq's delay in adoption of the law of oil and gas, while political parties demanded to pass this law as soon as possible, renewed its call for elections in the disputed areas.
The Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, in a speech at the forum of Iraq's oil in Baghdad, which was attended by (long-Presse), on Wednesday, "I call on politicians and Iraqi specialists to pass a law of oil and gas as soon as possible," returned "the survival of this important law varies in its place is not good."
The Kubler "I was ambassador to Germany in Iraq in 2006 and 2007 and when I left he told me Iraqi Deputy Prime Minister then Barham Salih said the draft oil and gas law is ready and will be approved soon," noting that "After five years this is still important law standstill."
The business forum of Iraq's oil, which is organized by the Iraq Institute for Energy sponsored the House of Representatives and the participation of international companies specialized in the affairs of oil and gas sector, has launched on Tuesday, with participants stressed that the forum will play in a thorough review of investment policies in the oil and gas sector, expecting not to Iraq's success in reaching to the level of production, which was announced. + Read More Link on Right
With the participation of 350 companies from 30 countries, the opening of an exhibition third Basra International Oil and Gas 12/08/2012
BAGHDAD - morning : opened in the province of Basra, yesterday, the third International Exhibition of oil and gas, with the participation of 350 companies from 30 countries, while confirming the South Oil Company said about 90 companies from participating companies, had signed contracts President and secondary for the implementation of projects in the fields and oil installations of her.
said Chairman gallery Basra International, Mohammad Sharif in a press statement: The «Company Beramides Turkish organizing exhibitions, opened gallery Basra Third International oil and gas, with the participation of more than 350 companies from 30 countries, including the United States and the United Kingdom, Sweden, Turkey, Egypt and Lebanon ».
added: it« is expected to achieve the exhibition a great success, as well as the signing of contracts worth billions of dollars between the number of participating companies and government institutions ». + Read More Link on Right
LUKOIL" announces invested $ 5 billion in West Qurna 2014 Thursday, December 06 2012 11:30
Twilight News : announced "Lukoil Lafer Seas" Russian oil, Thursday, expressed its intention to invest $ 5 billion in West Qurna field in Basra in 2014.
The head of the company "Lukoil Oversaz" and responsible for foreign enterprises in the company Andrei Koziv in a speech conference global energy seen by " Twilight News "that" the size of investment company Lukoil Russian oil in the West Qurna 2 field Iraqi will $ 5 billion by 2014. "
And explained Koziv "The Company" Lukoil Russia's first company in terms of the volume of investments. The five will be recorded billions Snstthmrha by 2014 set a record at all in terms of investments in Iraq's oil sector during the last 20 years. " + Read More Link on Right
China's muscling into Iraq's oil sector as Baghdad grapples with defections by international majors like Exxon Mobil, Chevron and Total Dec. 5, 2012 12:55 PM
BAGHDAD (UPI) :China is muscling into Iraq's oil sector as Baghdad grapples with defections by international majors like Exxon Mobil and Chevron of the United States and France's Total.
This is part of Beijing's drive to secure oil and natural gas resources in the Middle East and Africa as U.S. influences wanes.
China's clout in Iraq, along with other parts of the Middle East, including Saudi Arabia, is bound to increase as the Americans' diminishes.
With U.S. domestic production expected to soar from vast shale oil deposits, Washington may not be too upset at that prospect since ultimately it will mean withdrawing costly military forces from the Middle East, as Britain did in 1971.
If that happens, China will find itself with vulnerable maritime routes for its energy imports, just as the Americans have for the last three decades. Saudi Arabia already ships more oil eastward to Asia than it does to the West. + Read More Link on Right
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