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Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
The outgoing U.N. special envoy for Iraq said political leaders needed to sit down to figure out how to address "despicable and heinous crimes" of terrorism.
The Indian government said it wants to secure more oil imports from Iraq as it moves away from Iranian supplies, the result of international sanctions.
Iraq has formally lowered its controversial oil production target by one quarter, apparently recognizing it was way too ambitious. But industry analysts say that even the scaled-down plan may still be beyond Baghdad's reach because of shale oil.
The U.N. Assistance Mission in Iraq said it is committed to finding a political solution to crises in the country but is frustrated with the level of violence.
Prime Minister Nouri al-Maliki's weekend visit to Iraq's semiautonomous Kurdish enclave did not produce any visible sign of a breakthrough in Baghdad's feud with the independence-minded Kurds who're now exporting oil through neighboring Turkey.
Norwegian oil and gas company DNO International said testing at fields in northern Iraq may indicate oil reserves are near the 1 billion barrel mark.
A visit by Iraqi Prime Minister Nouri al-Maliki to the semiautonomous Kurdish north is a step toward national peace, the U.N. envoy for Iraq said.
A curious spectacle unfolded May 29 in the European Parliament, as the U.N. Envoy in Iraq Ambassador Martin Kobler testified before the Foreign Affairs Committee.
Western countries must decide whether to aid Syrian rebels or give a huge advantage to Syria President Bashar Assad heading into multinational talks.
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