After contracting debacle, Shahristani to head Electricity Ministry

Minister of Oil Hussain al-Shahristani (L) and then-Minister of Electricity Karim Waheed Hasan (R) at a news conference with then-U.S. Secretary of Energy Samuel Bodman in Washington, DC on July 26, 2006. Shahristani became acting electricity minister last summer after Hasan was forced out, and last week when the electricity minister resigned amidst a scandal. (BRENDAN SMIALOWSKI/AFP/Getty Images)

Hussain al-Shahristani is reprising his role as acting electricity minister, after Ra'ad Shalal al-Ani resigned amidst controversy.

Energy

More in Energy

Iraq power generation at 2003 levels

Iraq is now producing as much power as it did on the eve of the US-led invasion of 2003 but is still meeting barely 50 percent of peak demand, a senior electricity ministry official said. "2008 is the first year when production has reached the level prior to that of Saddam Hussein's fall," the ministry's [...]

Business

More in Business

Investors face more risks than mere violence

An Iraqi soldier stands guard in front of prisoners waiting to be released from al-Rusafa detention facility in Baghdad on April 29, 2010. Human Rights Watch interviewed 42 men who were recently transferred from the west Baghdad Muthanna jail, where they say torture took place, to Al-Rusafa facility, after details of misconduct were passed to the government. (SABAH ARAR/AFP/Getty Images)

While overall violence in Iraq is at 2004 levels, there is an outstanding – and growing – risk to investors who will operate in a country that remains high in human rights abuses.

Interviews

More in Interviews

Exxon exec optimistic in Iraq entry

Rob Franklin, president of Exxon Mobil Upstream Ventures, speaks to Iraq Oil Report about tough negotiations with Iraq to finalize a contract for one of Iraq's biggest fields.