Iraq's Cabinet approved an initial gas agreement between the Oil Ministry and Royal Dutch Shell to invest in a joint venture to tap natural gas in southern Iraq, a government statement said. The agreement calls for establishing a joint venture between the state-run South Oil Co. and Shell to exploit the fields, the statement added [...]
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Pentagon report: Iraq oil law, related laws stuck; Progress in oil and electricity sectors not necessarily sustainable…
A Pentagon report says four key oil-related laws in Iraq are "stalled" in political gridlock while gains in oil and power production could be lost, Ben Lando reports for United Press International. The quarterly report to Congress, "Measuring Security and Stability in Iraq," released Tuesday, said the law commonly known as the oil law is [...]
New security for Iraq’s most important city … Kirkuk vote delayed … New oil tankers, Syria pipeline … 5M Iraq orphans …
Basra’s Changing Hands Iraq’s oil capital, Basra, is now officially under control of Iraqi forces. The British have "controlled" the area since 2003. Control is relative, however, since under British occupation Iraq’s main rivalries have been allowed to foster competing militia violence and, along with other armed groups and gangs, turn the oil and fuels [...]
