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Updated:Apr 23, 2026
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Iraq Oil Nationalization and Industry (1958–2003)

Iraq Oil Nationalization and Industry (1958–2003)

  1. 14 July Revolution reshapes Iraq’s oil politics

    Labels: 14 July, Iraqi monarchy, Military coup

  2. Iraq helps found OPEC in Baghdad

    Labels: OPEC, Baghdad Conference, Iraq

  3. Public Law 80 sharply cuts IPC concessions

    Labels: Public Law, Iraq Petroleum, Iraq

  4. Iraq creates the Iraq National Oil Company

    Labels: Iraq National, INOC, Iraq

  5. Iraq signs cooperation protocol with the Soviet Union

    Labels: Soviet Union, Iraq, Cooperation protocol

  6. Ba’ath Party takes power amid oil policy pressures

    Labels: Ba'ath Party, Iraq, Saddam era

  7. Iraq opens North Rumaila with Soviet support

    Labels: North Rumaila, Soviet support, Iraq

  8. Iraq nationalizes the Iraq Petroleum Company

    Labels: Iraq Petroleum, Nationalization 1972, INOC

  9. Iran–Iraq War disrupts oil infrastructure and exports

    Labels: Iran Iraq, Iraqi oil, Iraq

  10. INOC is merged into the Ministry of Oil

    Labels: INOC, Ministry of, Iraq

  11. UN imposes comprehensive sanctions after Kuwait invasion

    Labels: UN sanctions, Iraq, Kuwait invasion

  12. UN adopts the Oil-for-Food mechanism (Resolution 986)

    Labels: Resolution 986, Oil-for-Food, United Nations

  13. Oil-for-Food Phase I begins with oil pumping

    Labels: Oil-for-Food Phase, Iraq, Oil pumping

  14. Iraq establishes SOMO to market crude exports

    Labels: SOMO, State Organization, Iraq

  15. 2003 invasion ends Ba’ath rule and opens a new oil era

    Labels: 2003 invasion, Ba'ath fall, Iraq