Iraq–China oil deal made final next week

Plus: *Progress on another joint venture, this time for oil drilling *What the passage of an election law means *Iraq Press Roundup An Iraqi oil ministry spokesman says Iraq and China will finalize a US$3 billion oil agreement next week. Assem Jihad says a Chinese delegation will visit Baghdad to sign the deal, The Associated [...]

U.S. negotiators say Iraq must sign a bi-lateral security deal or lose billions in oil revenue…

Plus: *Iraq oil union chief calls ministry a human rights abuser for anti-union actions *Barzani says up to Kirkuk decision without referendum *Oil Smuggling bill passes Parliament * BGR Energy Systems signs third SCOP deal *Senate Committee says Bush admin. misled on Iraq threat *Much, much more… The US is holding hostage some $50bn of [...]

Basra amidst violence may see major push by previously ineffective Iraqi troops…

Plus: *Doubts linger in Big Oil's mind over signing time for new deals *Top energy adviser to Maliki assures the terms are good enough *Iraq cuts Basra crude price to European buyers *KBR finishes Persian Gulf platform work *Much more... Basra is the key to Iraq -- a major city and source of oil, plus [...]

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