Former member of parliament must pay more than a quarter million dollars or groundbreaking lawsuit challenging constitutionality of first major foreign oil contract will be dismissed.
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Officials from CNPC and the Iraqi Army based in Missan province are looking to turn a military airstrip into a commercial and cargo hub. The project has received local support and the approval from the provincial governor.
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It took only four days for the oil ministry to repair the bombed pipeline near Mosul. While the number of energy-sector attacks has dropped in recent months, technicians could be busy if violence escalates as it threatens to.
Iraq gets better terms on two major deals
Oil Ministry converts larger loan from Exxon and Eni to smaller non-refundable signing bonus. It also received funding from the government to start a fourth state oil company.
Ministry transfers leaders of Basra refinery protest to Baghdad
Workers say the oil ministry is retaliating against workers for protesting after failed negotiations. The ministry says it is acting to prevent unruly demonstrations.
Third auction: Iraq puts three gas fields on the block
Iraq aims to make push toward natural gas superpower with planned tender of three gas fields previously offered to and passed over by foreign firms.




