KRG firms are takeover prospects

Addax and Genel are in the process of merging or being acquired, though one could have serious repercussions in southern Iraq for the new parent.

Energy

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Iraqis are left without fuel or electricity …

Plus: *Iraq Oil Ministry, Big Oil to meet in Jordan this week *Deadline to register for upcoming oil tenders delayed *2008 budget delayed, Kurd vs. Arab continues *Iraq Press Roundup *Is the surge working? A worthless question. *and more... You can't have one without the other, but with many of Iraq's power plants shut and [...]

Business

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Iraq finalizes oil drilling joint venture with Mesopotamia Petroleum

A deal has been finalized creating a joint venture between the Iraq Drilling Co. and the British Mesopotamia Petroleum Co. It’s the first such joint venture in post-Saddam Iraq, and will likely be a template for future projects to bring foreign oil companies into the world’s third largest oil reserves. The Iraq Oil Service Co. [...]

Interviews

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