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Iraq Oil

Iraq Reaches Major Oil Deal With Kurds

AP | VIVIAN SALAMA | Posted 12.02.2014 | World

BAGHDAD (AP) — The Iraqi government on Tuesday reached a deal with the Kurdish local authorities in the country's north to exchange oil from the aut...

Ryan Grim

U.S. Helping, Hurting Kurds At Same Time | Ryan Grim | Posted 08.08.2014 | Politics

WASHINGTON -- A leading Democratic voice on foreign affairs called Friday for the White House to drop U.S. opposition to allowing the Kurdistan Region...

Islamic State Selling Iraqi Oil To Finance 'Caliphate'

Reuters | Posted 09.22.2014 | World

By Ahmed Rasheed BAGHDAD, July 23 (Reuters) - Islamic State militants seized four small oilfields when they swept through north Iraq ...

21st-Century Energy Wars

Michael T. Klare | Posted 09.07.2014 | Politics
Michael T. Klare

The world is aflame with new or intensifying conflicts. At first glance, these upheavals appear to be driven by their own idiosyncratic circumstances. But look more closely and they share several key characteristics -- notably, a witch's brew of ethnic, religious, and national antagonisms that have been stirred to the boiling point by a fixation on energy.

It’s the Oil, Stupid!

Michael Schwartz | Posted 08.24.2014 | Politics
Michael Schwartz

The insurgents are not only in a struggle against what they see as oppression by a largely Shiite government in Baghdad and its security forces, but also over who will control and benefit from what Maliki -- speaking for most of his constituents -- told the Wall Street Journal is Iraq's "national patrimony."

At Least 13 Dead In Major Iraqi Oil Pipeline Bombing

Agence France Presse | | Posted 10.13.2013 | World

Attacks in Iraq killed 13 people on Tuesday, including four who died in a blast targeting Shiite worshippers, while militants bombed a major oil pipel...

The Chinese Are Getting Iraqi Oil, and We're Paying for It

T. Boone Pickens | Posted 08.11.2013 | Politics
T. Boone Pickens

I don't like saying, "I told you so." But the United States spent $2.2 trillion and tragically lost more than 3,000 men and women fighting in Iraq, and now the Chinese are getting over half the Iraqi oil.

Mission Accomplished for Big Oil?

Greg Muttitt | Posted 10.23.2012 | Politics
Greg Muttitt

Iraq recently reclaimed the number two position in the Organization of the Petroleum Exporting Countries, overtaking oil-sanctioned Iran. Now, there's talk of a new world petroleum glut. So is this finally mission accomplished?

Kurdish Oil Pipeline Could Split Iraq

Daniel J. Graeber | Posted 07.24.2012 | World
Daniel J. Graeber

Kurdish leaders in the north aim to defy Baghdad by exporting oil to Turkey through a new pipeline. Given simmering acrimony between the Kurdish government and Baghdad, that pipeline may be the tether that formally pulls Iraq in two.

Iraqi Oil Hub Wants More Autonomy

Reuters | Posted 02.04.2012 | World

By Rania El Gamal BASRA, Iraq, Dec 5 (Reuters) - Officials in Iraq's southern oil hub Basra are trying to cancel a $17 billion Shell ...

Who Really Controls Iraq's Oil Industry?

NY Times | Posted 08.17.2011 | World

MOSCOW — When Iraq auctioned rights to rebuild and expand its oil industry two years ago, the Russian company Lukoil won a hefty portion — a field...

Sam Stein

Last Minute Oil Lobby Contributions To House Members Yield Results | Sam Stein | Posted 07.19.2011 | Politics

WASHINGTON -- In the month leading up to an early May vote over whether to expand oil drilling in the Gulf of Mexico and open the coastal waters of V...

Michael McAuliff

More U.S. Oil Drilling Won't Lower Gas Prices, Experts Say | Michael McAuliff | Posted 07.06.2011 | Green

WASHINGTON -- Republicans used the politically potent argument about the cost of gas Thursday to pass a bill expanding offshore oil and gas exploratio...

Oil-Soaked Politics: Secret U.K. Docs on Iraq

Thomas Ferguson | Posted 06.19.2011 | World
Thomas Ferguson

The Independent, one of Britain's leading newspapers, broke a story that buries forever all claims that the US and the UK did not have oil on their minds as they prepared to invade Iraq.

It's Cheaper to Invade Canada

Terry Tamminen | Posted 05.25.2011 | Politics
Terry Tamminen

OK, so the Iraqi thing hasn't worked out so well. We should now double down on the oil war strategy, but this time go after another big pool of goo that isn't so expensive

Iraq Oil Contracts Have Uncertain Future

GlobalPost | Matthew Hart | Posted 05.25.2011 | World

DUBAI, United Arab Emirates -- Now that the votes have been counted, the first big test facing Iraq's fragile democracy is whether it can make the tra...

Iraqi Oil Production: Industry Hopes To Profit From Increased Iraqi Output

AP | JANE WARDELL | Posted 05.25.2011 | Business

LONDON — Oil industry leaders believe Iraq's resurgence as a major producer will change the face of the world's energy market, but they warn tha...

Billionaire Texan Helps Divvy Up Iraq's Oil, Now Admits It's the Bush Legacy

Jackson Williams | Posted 05.25.2011 | Politics
Jackson Williams

Are oil interests now Iraq's fourth stakeholder group, and wasn't that always the objective? Former Federal Reserve Chairman Alan Greenspan certainly thinks so.

Peter W. Galbraith, American Adviser to Kurds, Stands to Reap Huge Oil Profits | JAMES GLANZ and WALTER GIBBS | Posted 05.25.2011 | World

OSLO -- Peter W. Galbraith, an influential former American ambassador, is a powerful voice on Iraq who helped shape the views of policy makers like Jo...

Peter Galbraith, American Adviser To Kurds, Stands To Reap Oil Wealth

The New York Times | James Glanz and Walter Gibbs | Posted 05.25.2011 | Politics

Peter W. Galbraith, an influential former American ambassador, is a powerful voice on Iraq who helped shape the views of policy makers like Joseph R. ...

Shell Wins Rights To Iraq's Giant Manjoon Oil Fields

AP | SINAN SALAHEDDIN and TAREK EL-TABLAWY | Posted 05.25.2011 | World

BAGHDAD — Iraqi officials cheered and clapped as the first oil field up for bid went to a major international consortium at the opening of the c...

Iraq Oil: Investors Nervous

New York Times | TIMOTHY WILLIAMS | Posted 05.25.2011 | World

BAGHDAD -- In its drive to expand and modernize Iraq's oil sector, the government of Prime Minister Nuri Kamal al-Maliki is stumbling over the competi...

Will Iraq Be a Global Gas Pump? The (Re)Making of a Petro-State

Michael T. Klare | Posted 05.25.2011 | World
Michael T. Klare

Will it all end not with a bang, but with a gusher? The latest oil news out of Iraq offers at least a hint of that country's fate.

Colonizing Iraq: The Obama Doctrine?

Michael Schwartz | Posted 05.25.2011 | World
Michael Schwartz

Obama's policy is to reduce the U.S. military "footprint" in Iraq. The administration is opting not for blunt-edged, Bush-style militarism, but for what might be thought of as an administrative push.

Iraq's "National Sovereignty Day" is U.S.-Style Hallmark Hype

Jeremy Scahill | Posted 05.25.2011 | World
Jeremy Scahill

The puppet government in Iraq has named June 30th "National Sovereignty Day." This is U.S.-style Hallmark hype and will remain so until every last occupation soldier leaves Iraqi soil.