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Iraq's KRG: No deals yet, talks continue

WASHINGTON, Nov. 27 (UPI) -- The recent batch of oil deals signed by Iraq's Kurdistan Regional Government is the last for now though talks with oil firms continue, its oil minister says.

KRG: 1M barrels of Iraq oil by 2012

WASHINGTON, Nov. 27 (UPI) -- Iraq's Kurdish region plans on producing 1 million barrels -- nearly half of Iraq's total production today -- in five years, the region's oil minister said.

Iraqi Kurds' new oil deals a major move

IRBIL, Iraq, Nov. 13 (UPI) -- Iraq's Kurds have exercised their prerogative to develop their oil sector, to Baghdad's ire, by signing another five oil deals with international firms.

Reliance Iraq oil signing bonus $15M

IRBIL, Iraq, Nov. 7 (UPI) -- Reliance Industries paid a signing bonus of between $15.5 million and $17.5 million for oil contracts to explore and develop two Iraqi Kurdish blocks.

KRG: Two more Iraq oil deals soon

WASHINGTON, Nov. 7 (UPI) -- Iraq’s Kurdistan Regional Government will announce two more oil deals in coming days as it develops its oil sector with state-owned and private oil firms.

Iraqi Kurds sign seven new oil deals

IRBIL, Iraq, Nov. 6 (UPI) -- Iraq’s Kurdistan Regional Government has signed seven more oil deals, moves that are bound to irk Baghdad, which has called previous deals illegal.

Analysis: U.S. OK's Saddam law oil deals

WASHINGTON, Oct. 31 (UPI) -- The U.S. State Department says an oil law implemented under Saddam Hussein is good enough for Iraq’s national government to sign oil deals, though it would prefer a new national law -- mired in controversy and far from approved -- to be used instead.
BEN LANDO, UPI Energy Editor

Analysis: Iraqi Kurds make oil sales pitch

WASHINGTON, Oct. 11 (UPI) -- The Kurdistan Regional Government is offering the global oil industry its first and, so far, only chance at entering the Iraqi crude sector. Despite anger in Baghdad, the KRG plans to sign even more controversial oil deals and is waving the "Open For Investment" sign proudly.
BEN LANDO, UPI Energy Editor

KRG says it supports Iraqi oil unions

WASHINGTON, Oct. 10 (UPI) -- The Iraqi Kurds’ oil minister, in contrast to the federal oil minister, says what’s best for Iraq is to embrace the oil unions.

Analysis: Iraqi Kurds sign new oil deals

WASHINGTON, Oct. 2 (UPI) -- Iraq’s Kurdistan Regional Government made a sudden but not unexpected announcement Tuesday it had signed four more controversial oil deals. While the move highlights success in the region, it comes as the central government in Baghdad struggles to meet long-term agenda items like a national oil law.
BEN LANDO, UPI Energy Editor

Iraq's KRG signs four more oil deals

IRBIL, Iraq, Oct. 2 (UPI) -- Iraq’s Kurdistan Regional Government has announced four more controversial oil deals, despite Baghdad’s condemnation, and says more are on the way.

Analysis: Deeper than an oil law in Iraq

DUBAI, United Arab Emirates, Sept. 10 (UPI) -- Both Iraq’s federal government and the Kurdistan Regional Government are upset by each other’s efforts in reaching a deal on a national oil and gas law and have announced moves to develop the oil sector without it.
BEN LANDO, UPI Energy Editor

Analysis: Kurd oil law drives Iraq oil

WASHINGTON, Aug. 22 (UPI) -- Iraq’s Kurdistan Regional Government will not wait for a federal oil law before it starts signing more contracts to explore what is thought to be sizeable reserves in its territory. The KRG has already signed a handful of contracts with small oil companies and, now that it has passed a regional law governing any underground oil and natural gas, it will not put development on hold while Baghdad implodes.
BEN LANDO, UPI Energy Editor

Iraq oil future uncertain after KRG law

IRBIL, Iraq, Aug. 7 (UPI) -- The Iraqi Kurds’ oil law may spark more investment, but much still rides on a federal oil law that is not close to passage.

Iraqi Kurds approve regional oil law

IRBIL, Iraq, Aug. 6 (UPI) -- Iraq’s Kurdistan region approved an oil law, ahead of the federal legislation, which it says will benefit both its citizens and Iraqis as a whole.
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