Courtesy of Foreign Policy, an article on why the world’s sixth-largest oil producer still suffers from fuel shortages and power outages: As Iraq marks 19 years since the U.S.-led invasion and the fall of former Iraqi President Saddam Hussein’s regime this month, the country hasn’t turned into the stable, prosperous democracy that the United States and […]
Read more »Via The Asia Times, an article on how China’s infrastructure scheme is now connected from Iran through Iraq to the eastern Mediterranean with more links to come: “All eyes on Ukraine,” writes a former staff member of a British prime minister in an email. That is understandable, but not to the exclusion of everything else. […]
Read more »Via Oil and Gas Daily, a report that Iraq’s top court has ordered Kurdistan to ship all oil to Baghdad: Iraq’s top court on Tuesday ordered the autonomous Kurdistan region to deliver all oil produced there to the federal government in Baghdad — a move that could reignite long-standing tensions. A ruling by the federal Supreme […]
Read more »Via South China Morning Post, an article on Iraq’s role in China’s BRI: Iraq was the top target for China’s Belt and Road Initiative in 2021, receiving US$10.5 billion in financing for infrastructure projects including a heavy oil power plant, a study published on Wednesday said. In total, China’s engagement through investments and contractual cooperation across the […]
Read more »Via WorldCrunch, an article on some glimmers of hope for Iraq as the country tries to rebuild following four decades of war and embargoes: With a vast office located at the top of a tower fiercely guarded by the army and a bell to call the staff, Khalid Hamza Abbas is obviously a powerful character, […]
Read more »Via The Economist, a report on a new oil deal in Iraq: Being an oil-industry boss is an exercise in displeasing all sides. Pumping hydrocarbons out of the ground is lucrative, but angers environmentalists—including those sitting in boardrooms and governments. Renewables and other green projects are more palatable, but often fail to woo investors. TotalEnergies […]
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