Oil and Gas News from OilGasDaily.Com  
OIL AND GAS
Kurdish Iraq decries 'unjust pressure' from Baghdad in oil row
by AFP Staff Writers
Arbil, Iraq (AFP) July 6, 2022

Iraq's autonomous Kurdistan region Wednesday deplored "unjust pressure" from the federal government's oil ministry, days after the judiciary nullified oil contracts between the Kurds and foreign oil firms.

After the oil ministry filed a judicial complaint, a commercial court in the Iraqi capital on Monday invalidated contracts between the Kurdish region and four companies with production or exploration operations, according to a senior oil sector official in Baghdad and confirmed by a Kurdish government official.

Both sources spoke on condition of anonymity.

The move comes as the Kurdish region and the federal government remain locked in a tug-of-war over the management of hydrocarbons.

Iraq's supreme court in February ordered Kurdistan to deliver the oil produced in its territories to the federal government. It also gave the latter the right to review all oil contracts, or even cancel them.

Since then, Baghdad has sought to enforce this judgement, opposed by Kurdistan, which wants to preserve the autonomy of its energy sector.

On Wednesday, the Kurdish government said in a statement it was "reviewing all the constitutional and legal procedures (available to) Kurdistan in the face of the unjust and unconstitutional pressure exerted by the oil ministry" in Baghdad.

"The court invalidated the contracts that did not conform with the decision of the federal supreme court," the anonymous oil sector official in Baghdad told AFP.

He said that the federal government has initiated judicial proceedings against a total of seven companies operating in Kurdistan, along with the autonomous region's natural resources minister and his predecessor.

Kurdistan says it is open to a negotiated solution to the spat.

Iraq's oil ministry has said that oil majors Schlumberger, Baker Hughes and Halliburton have committed not to initiate new projects in Kurdistan.

These companies are also working to "liquidate and close" existing contracts, according to the ministry.

Iraq, including the Kurdish region, sits on enormous oil reserves and revenues from the sector feed 90 percent of the federal government budget.

str-ak/tgg/gde/dwo/lg

HALLIBURTON

BAKER HUGHES

SCHLUMBERGER


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Natural gas is key to WVU engineer's vision for clean hydrogen energy
Morgantown WV (SPX) Jul 06, 2022
More than 50 years after scientists first coined the term "hydrogen economy," the movement to make hydrogen a predominant global fuel source could be gaining traction, thanks to research led by one West Virginia University engineer. Xingbo Liu, professor in the Department of Mechanical and Aerospace Engineering, will help develop new, cutting-edge coatings for the blades of turbines used in large-scale power generation. These protective layers will be able to withstand the extreme heat and corrosi ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Study points to Armenian origins of ancient crop with aviation biofuel potential

Solar-powered chemistry uses CO2 and H2O to make feedstock for fuels, chemicals

Technologies boost potential for carbon dioxide conversion to useful products

An unusual triangular molecule that makes jet fuel

OIL AND GAS
New photocatalytic membrane that can be cleaned using light energy

Seeing photovoltaic devices in a new light

The structure-performance of bulk-heterojunction organic solar cells

Increasing efficiency of solar cells with more light absorption capacity

OIL AND GAS
Modern wind turbines can more than compensate for decline in global wind resource

End-of-life plan needed for tens of thousands of wind turbine blades

Engineers develop cybersecurity tools to protect solar, wind power on the grid

1500 sensors for the rotor blades of the future

OIL AND GAS
Better estimating the risk of coastal flooding for nuclear power plants

EU Parliament backs green label for gas, nuclear

Framatome selected to provide full system decontamination at Bruce Power Units 3 and 4

Sweden's Vattenfall eyes small nuclear reactors

OIL AND GAS
Scientists link the changing Azores High and the drying Iberian region to anthropogenic climate change

Western US drought brings Great Salt Lake to lowest level on record

Knowing the Earth's energy imbalance is critical in preventing global warming, study finds

Several Iran provinces shutter public buildings over sandstorm pollution

OIL AND GAS
New traffic device leaves Hong Kong pedestrians red in the face

Tesla deliveries fall with temporary closure of China factory

Range extenders: solar panels provide more juice to EVs

EU approves end of combustion engine sales by 2035

OIL AND GAS
Former student held after two Iraq professors killed

Ex-lawyer denies UK fraud charges over Iraq war claims

Former rights lawyer charged in UK over Iraq war claims

Iraq PM on imminent Riyadh, Tehran visit in mediation bid

OIL AND GAS
'Gangnam Style' impact endures a decade after it broke the internet

Iran says nuclear deal still possible despite Qatar talks setback

'No progress made' on Iran nuclear talks: US State Department

US must ditch 'Trump method' in nuclear talks, says Iran









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.