Iraq's Cabinet has approved a multimillion dollar contract to upgrade an oil refinery in southern Iraq, The Associated Press reported. The $81-million contract will be awarded jointly to the U.S.-based Colorado Industrial Construction Services Co. (CICSCO) and CH2M HILL's affiliate VECO Co. for the production of gasoline from the Samawah refinery, according to the official, [...]
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Kucinich enters Iraqi oil fray
The Oil for Iraq Liberation bill, introduced by Congressman Dennis Kucinich, D-Ohio, will prevent U.S. based oil companies from development of and investment in petroleum resources of Iraq. "Recently we have seen evidence of a concerted effort to pressure the Iraqi government into privatizing Iraqi oil fields against the will of its citizens. We have [...]
