Wednesday, May 04, 2016

From the Iraq Oil Report:

April 29, 2016
Iraqi oil engineers are moonlighting (click here) as weapons developers, inventing remote-controlled rocket launchers and other devices for al-Hashid al-Shabi (Popular Mobilization) militia forces fighting against the self-proclaimed Islamic State (IS) organization.The weapons program is a small-scale operation funded by private donations to an independent employees' committee of the state-run South Oil Company (SOC). While the engineers are not mass-producing the weapons, their contributions highlight ...

Iraq has always had issues with exporting their oil to the market. That is why Saddam Hussein invaded Kuwait. 

April 28, 2016
Iraq's Kurdistan Regional Government (KRG) (click here) is conducting detailed technical planning with Iran that could lead to the construction of the autonomous region's second oil export pipeline."It's serious. Very serious. We've had several meetings in the past, and will continue to have meetings," said Deputy Minister of Natural Resources Taha Zangana, who has led the KRG's technical delegation. "The technical part of pre-engineering is almost – almost – in place."If the project moves forwar...

April 20, 2016
The former director general of the state-run (click here) North Oil Company (NOC) and nearly two dozen other people have been arrested and, pending an ongoing investigation, could be charged with using a fake company to bilk the government out of millions of dollars."The North Oil Company officials in Kirkuk, whom were detained for administrative corruption and wasting the public's money, are still in prison," Brig. Gen. Sarhad Qadir, the police chief of the sub-districts of Kirkuk province, said late Tu...

May 3, 2016
Iraq Oil Report is now offering a new subscription service: the Iraq Oil and Financial DatasetClick here for a free sample of the spreadsheets and data-driven analysis that underpin our industry-leading coverage of Iraq’s oil sector.

Iraq's federal government exported a record amount of oil in April, netting the most oil revenue Iraq has generated in five months.The Oil Ministry said it had exported an average of 3.364 million barrels per day (bpd) in April – a 3 percent increase over the previous month...

May 1, 2016
Months of anti-corruption protests (click here) climaxed on Saturday as Iraqis forced their way into the Green Zone – the safe haven for Iraqi and foreign elites in the capital – and temporarily took over Parliament, demanding that Prime Minister Haider al-Abadi follow through on his attempt to put in place a technocratic government.Most members of Parliament fled the area unharmed, and party leaders are holding emergency meetings overnight. Photographs posted on social media showed Abadi later touri...

The cabinet was dismissed. Foreign countries are welcome to invest in it's oil industry. Encouraged even.

April 26, 2016
  • Details of dramatic Parliament session
  • MPs throwing objects at the Speaker and Prime Minister
  • Sadr backs initial new ministers
  • Warns that his protestors are ready at the gate of the Green Zone
The Iraqi Parliament on Tuesday approved five new ministers in a contentious and incomplete effort by Prime Minister Haider al-Abadi to reshuffle his Cabinet and deliver on promises to reform the government.Prior to the vote, a slew of MPs launched a cacophonous protest and even threw empty water bottles and toilet paper toward Abadi and Parliament Speaker Salim al-Jabouri, according to several legislators who witnessed the melee."When the prime minister tried to deliver a speech, the...

If foreign governments get involved, there is going to be more corruption, not less.

Mosul is a place the Kurds would like to regain. Mosul is where the Navy Seal died.

April 19, 2016

Air strikes deep inside Mosul (click here) are taking a punishing toll on the self-proclaimed Islamic State (IS) group, killing dozens of militants per week, draining their reserves of cash and spreading rampant paranoia among their ranks.But weakening IS comes at an increasing cost to the beleaguered civilians trapped in the city, who are being subjected to a campaign of summary executions, harassment and interrogations. Residents also fear they will be killed by war planes, as IS militants embed thems...

Daesh has been seeking a media blackout in Mosul because the people may turn on them.

May 4, 2016 For Iraqis living in the Islamic State stronghold of Mosul, (click here) news is dwindling about the U.S.-backed army massing to the south for an assault on the city that could begin this year.
Soon after Iraqi forces established a foothold in the Makhmour area in February, about 60 km (40 miles) from the northern city, the jihadists began restricting access to television for its 1 million-strong population, according to residents.
With limited and erratic access to internet and mobile networks, civilians in Mosul have depended on satellite TV for their primary source of news from the outside world since Islamic State captured the city two years ago....

Iraq is having a difficulty collecting monies for the oil, too.

I think it is very obvious, the USA has no clue what is occurring with Iraq other than involvement in advising the Iraqi military.