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Oil Contracts

Iraq Cancels Six No-Bid Oil Contracts

New York Times | ANDREW E. KRAMER and CAMPBELL ROBERTSON | Posted 05.25.2011 | Politics

An Iraqi plan to award six no-bid contracts to Western oil companies, which came under sharp criticism from several United States senators this summer...

Iran, China Sign $2 Billion Oil Contract

AFP | Aresu Eqbali | Posted 05.25.2011 | Business

Iran and China's Sinopec on Sunday signed a two billion dollar contract to develop a major Iranian oil field, a crucial deal for the Iranian energy in...