Iraqi cabinet bypasses Parliament, grants British forces last-minute extension to keep training Iraqi Navy guarding oil exports.
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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.
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Haider al-Abadi, spokesman for Prime Minister Nouri al-Maliki's Dawa Party, tells Iraq Oil Report the national oil company and a technocrat oil minister is "very important for rebuilding Iraq."
First Rumaila hurdle cleared, many remain
BP and CNPC reach a deal with the Oil Ministry but MPs call the deal “illegal” as the Cabinet readies to weigh in.
- Iraq, Shell: gas deal not a monopoly, as documents and top lawmaker contend
- Four days until Iraq oil and gas fields unveiled to international oil firms
- Iraq to offer 82 percent of proven oil reserves to international oil companies
- Petrel makes case for ‘Little Oil’ in Iraq
- Shell opens secret Baghdad office
Despite hardships, smuggling persists
New border crossing between Iraq and Iran doesn't quell the black market where smuggling is the only job to be found.
The Iranian invasion
Tehran given message from Iraqi government to remove troops and lower Iranian flag from occupied border oil well in Missan province after late Friday security meetings of the provincial and national governments.
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 [...]
Iraq free of most U.S. claims
Supreme Court in Washington determines "new" Iraq free of most lawsuits over Saddam-era actions.




