Media reports from Seoul say a Korea National Oil Corp.-led consortium has signed oil contracts with Iraq's Kurdistan Regional Government. The contracts were not verified by the KRG, which typically issues announcements when oil contracts are signed, Ben Lando reports for United Press International. It has signed more than 20 production-sharing contracts since 2004, despite [...]
U.S. Congress to Iraq: Pay our war expenses with your oil revenue
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, [...]
Turkey’s president forces U.S. to choose between it and Iraq’s Kurds over oil-rich Kirkuk and the PKK …
Plus: *Iraq oil ends '07 with good and it's-been-worse news *Oil law update *What Turkey wants *Iraqi solutions, U.S. problems *much more.... Turkey's president made it clear during his visit to Washington this week that his country will continue a hard-line approach in dealing with the Kurdish guerrilla campaign in his country and ensuring Kirkuk, [...]
