Iraqis would be forced to pay for U.S. efforts in their country directly or via loans from the United States if any of at least five similar pieces of legislation introduced on Capitol Hill this month is approved.
This comes as Americans deal with — and politicians respond to — an unpopular and expensive war, a sinking economy and record gas prices, Ben Lando reports for United Press International.
“Whether or not you support the war strategy,” said Rep. Ron Klein, D-Fla., “the Iraqi governm…
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An Iraqi parliamentarian representing Iraq’s Kurds says his party will not approve a draft oil law that has been altered from the February 2007 version, United Press International reports.
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Gen. David Petraeus is calling on “large Western corporations” to invest in Iraq’s energy sector as Iraq looks outside to boost oil, gas and power productio…
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Iraq’s oil law debate is political, not technical, a top U.S. official said, adding Iraq has tagged billions of dollars to boost oil production regardless, Ben Lando reports for United Press International.
Charles Ries, U.S. State Department minister for economic affair…
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Iraq is improving its anti-theft operations guarding oil and fuel from the black market, but an international audit highlights more work to be done, Ben Lando reports for United Press International.
A report by i…
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Iraq will wind up negotiations with five Big Oil firms later this month on key fields and soon announce the firms that qualify for an upcoming bidding round. Oil Ministry spokesman Assem Jihad also confirmed to United Press International’s Ben Lando via phone the country’s Council of Ministers…
Iraq’s cabinet has given the green light to the Oil Ministry to sign agreements with international oil companies to help increase the nation’s crude output, a ministry official said Wednesday, The Associated Press reports.
The chairman of the U.S. Senate Armed Services Committee said on Tuesday he may try to require Iraq to spend more of its oil revenue on reconstruction instead of investing the money in foreign banks, Richard Cowan reports for Reuters.
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Ireland’s Petrel Resources expects a production-sharing agreement for a deal it signed with Saddam Hussein for a block in Iraq’s western desert, United Press International reports. David Horgan, managing director of Petrel Resources, said …
Energy expert Luay Jawadal-Khatteeb calls Shell’s associated gas deal “unethical,” explains why Iraq needs a gas master plan that will meet domestic needs first.
Former U.S. Ambassador to Iraq addresses the criticism he’s received for attempting to enter Iraq’s oil sector.
The former U.S. Ambassador to Iraq runs a consulting firm focused on Iraq investments and has just been named to Norwegian oil firm DNO, whose Kurdish projects have stoked controversy. He talks to Iraq Oil Report.
