Iraq Oil

Iraq Struggles To Attract Foreign Oil Investors

New York Times | TIMOTHY WILLIAMS | Posted 10.14.2009 | World


BAGHDAD -- In its drive to expand and modernize Iraq's oil sector, the government of Prime Minister Nuri Kamal al-Maliki is stumbling over the competi...

Will Iraq Be a Global Gas Pump? The (Re)Making of a Petro-State

Michael T. Klare | Posted 08.14.2009 | World


Michael T. Klare

Will it all end not with a bang, but with a gusher? The latest oil news out of Iraq offers at least a hint of that country's fate.

Colonizing Iraq: The Obama Doctrine?

Michael Schwartz | Posted 08.09.2009 | World


Michael Schwartz

Obama's policy is to reduce the U.S. military "footprint" in Iraq. The administration is opting not for blunt-edged, Bush-style militarism, but for what might be thought of as an administrative push.

Iraq's "National Sovereignty Day" is U.S.-Style Hallmark Hype

Jeremy Scahill | Posted 07.31.2009 | World


Jeremy Scahill

The puppet government in Iraq has named June 30th "National Sovereignty Day." This is U.S.-style Hallmark hype and will remain so until every last occupation soldier leaves Iraqi soil.

BP And China's CNPC Win Iraq Oil Contract

Al Jazeera English | Posted 07.31.2009 | World


An oil consortium led by British Petroleum has won a contract to develop a large oil field in Iraq, as dozens of international firms compete for the r...

Iraq Set To Seek Bids From Foreign Oil Companies

washingtonpost.com | Ernesto LondoƱO and K.I. Ibrahim | Posted 07.28.2009 | World

Read More: Oil, Iraq Oil, Iraq, World News

Iraq is poised to open its coveted oil fields to foreign companies this week for the first time in nearly four decades, a politically risky move in a ...

Iraqi Military Faces New Threat: Lower Oil Prices

AP | CHELSEA J. CARTER | Posted 06.13.2009 | World


BAGHDAD — Lower oil prices are threatening Iraq's efforts to build a military capable of defending the country, raising the possibility that the...

Exxon Aims For Big Role In Iraq's Oil Sector

Reuters | Luke Pachymuthu | Posted 04.09.2009 | Business


Exxon Mobil Corp is in constant dialogue with Baghdad to create the investment climate that would allow it to become a significant player in Iraq's en...

Global Financial Crisis Threatens Stability In Iraq

New York Times | CAMPBELL ROBERTSON and JAMES GLANZ | Posted 03.28.2009 | World


In few nations around the globe are the consequences of the financial crisis as potentially sobering as they are in Iraq. Both oil revenues and Americ...

Iraq Signs Billion-Dollar Power Deals With GE, Siemens

Reuters | Simon Webb | Posted 10.28.2008 | Politics


Iraq has signed preliminary deals worth billions of dollars with General Electric Co and Siemens for equipment to almost double electricity generation...

Iraq Cancels Six No-Bid Oil Contracts

New York Times | ANDREW E. KRAMER and CAMPBELL ROBERTSON | Posted 10.11.2008 | 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...

Shell And Iraq Government Agree On Landmark $4 Billion Deal

Financial Times | Ed Crooks and Roula Khalaf | Posted 10.10.2008 | Business


Royal Dutch Shell is to become the first western oil company to sign a deal with the Iraqi government since the US-led invasion of 2003, agreeing a pl...

Palin: Iraq Is A War For Oil

Think Progress | Posted 10.01.2008 | Politics


In a recent BusinessWeek interview, Gov. Sarah Palin (R-AK) admitted that she believes the Iraq war was fought because of oil: We are a nation at...

Iraqi Oil Disputes Threaten The Country's Stability

The Wall Street Journal | Gina Chon | Posted 08.07.2008 | Business


BAGHDAD -- A political turf war is threatening the stability of Iraq's biggest cash cow: the embattled but so-far dependable South Oil Co. After chas...

Richard Perle, War Architect, Exploring Iraq Oil Deal

Posted 08.06.2008 | Politics


The Wall Street Journal reports that neoconservative war architect Richard Perle is getting back into Iraq: Influential former Pentagon official Richa...

Iraq Suffering Miles-Long Gas Lines Despite Oil Riches

AP | SEBASTIAN ABBOT | Posted 07.09.2008 | Politics


BAGHDAD — Frustrated Iraqis trying to tank up their cars faced miles-long gas lines in temperatures soaring above 100 degrees Tuesday _ a stark ...

Iraq Names 35 Companies "Qualified" To Bid For Oil Contracts

AP | SEBASTIAN ABBOT | Posted 07.08.2008 | Politics


BAGHDAD — Iraq opened international bidding for eight enormous oil and gas fields Monday, paving the way for investment in a nation with some of...

The Surge Is Working? Not If You Read the Latest GAO Report

Mitchell Bard | Posted 07.02.2008 | Politics


Mitchell Bard

What the GAO report makes clear, above all else, is that contrary to what the mainstream media and the GOP would have you believe, the surge has not worked. It's time for the U.S. military to go home.

McCain: Lock-Step and (Oil) Barrel

Janet Ritz | Posted 06.27.2008 | Green


Janet Ritz

While Obama was in Illinois shoveling sand in bags to hold back the Bush-neglected infrastructure that was crumbling around him McCain was on his way to accept whoops and cheers from oil industry insiders.

Billionaire Texan Helps Divvy Up Iraq's Oil, Now Admits It's the Bush Legacy

Jackson Williams | Posted 01.09.2009 | Politics


Jackson Williams

Are oil interests now Iraq's fourth stakeholder group, and wasn't that always the objective? Former Federal Reserve Chairman Alan Greenspan certainly thinks so.

Iraq's Financial Free Ride May End

AP | ANNE FLAHERTY | Posted 04.22.2008 | Politics


WASHINGTON — Iraq's financial free ride may be over. After five years, Republicans and Democrats seem to have found common ground on at least on...

Stolen Oil Profits "Money Pit" Of Iraq Insurgency

New York Times | RICHARD A. OPPEL Jr. | Posted 03.28.2008 | Politics


The Baiji refinery, with its distillation towers rising against the Hamrin Mountains, may be the most important industrial site in the Sunni Arab-domi...

Senate Seeking Audit Of Iraq Oil Money

New York Times | JAMES GLANZ | Posted 03.28.2008 | Politics


Two senior members of the Senate Armed Services Committee have requested a full accounting of how Iraq is spending its soaring oil revenues, amid star...

Official: Iraq, China Nearing Oil Deal

AP | SINAN SALAHEDDIN | Posted 03.28.2008 | Politics


BAGHDAD — Iraq and China are close to re-signing a $1.2 billion oil deal that was called off after the 2003 U.S. invasion, an Iraqi Oil Ministry...

Iraq Oil Exceeds Pre-War Output

BBC News | Posted 03.28.2008 | Politics


Iraqi oil production is above the levels seen before the US-led invasion of the country in 2003, according to the International Energy Agency (IEA). ...