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Source: news.yahoo.com --- 17 days ago
McClatchy Newspapers - BAGHDAD— Despite intense U.S. pressure, Iraqi legislators Sunday failed to reach an agreement to solve an increasingly bitter dispute over the Oil-rich northern city of Kirkuk. ...
Source: www.voanews.com --- 26 days ago
Move is response to request by four US Democratic senators ... Source: www.moreover.com --- 17 days ago
Extract not available. ... Source: www.economist.com --- 5 days ago
Iraq's Oil is flowing a bit more freely IRAQ'S Oil production averaged over 2.4m barrels a day in the second quarter, the highest level since America invaded in 2003. This should boost the country's Oil revenues to around $80 billon this year and production should keep on rising as security improves. Iraqi Oil is cheap to extract and there are probably new fields to be found. But political uncertainty is hampering the investment needed to overhaul exitisng infrastructure and oilfields that might dramatically boost output in near future. ... ... Source: www.ft.com --- 4 hours ago
Political gridlock has overtaken security risks as the primary hurdle facing the rehabilitation of the country's hydrocarbons industry, and threaten to scupper plans to sign short-term technical-support deals ... Source: www.ft.com --- 20 days ago
Iraqi Oil production has risen to its highest level since the 2003 invasion on the back of improved security across the country, according to a US government report ... Source: www.iht.com --- 15 days ago
Soaring Oil prices will leave the Iraq with a budget surplus of as much as $79 billion by the end of this year, a U.S. oversight agency has concluded, raising questions about whether the U.S. taxpayer should continue to pay for reconstruction. ... Source: www.miamiherald.com --- 17 days ago
Despite intense U.S. pressure, Iraqi legislators Sunday failed to reach an agreement to solve an increasingly bitter dispute over the Oil-rich northern city of Kirkuk. ... Source: www.freep.com --- 14 days ago
The United States is looking at a record $482-billion budget deficit next year and spending more than $400 billion a year on interest for cash borrowed to pay its bills. Meantime, tens of billions of American tax dollars are going to the rebuilding of Iraq while the Iraqi government, with Oil flowing again, has racked up a $52.3-billion surplus. ... Source: www.bostonherald.com --- 1 day ago
BAGHDAD - Iraq's Oil minister has left for China to revive a $1.2 billion Saddam-era Oil deal. The Oil Ministry said Tuesday that Hussein al-Shahristani will be in... ... Source: www.oversight.house.gov --- 12 days ago
According to data from the Energy Information Administration, from 2003 to 2008 U.S. consumers will have spent between $70 billion and $74 billion to buy Iraqi Oil, the same amount Iraq has amassed as its budget surplus, according to GAO. ... Source: www.oversight.house.gov --- 14 days ago
By the end of this year, Iraq may have accumulated nearly $80 billion in windfall Oil profits, according to a report by GAO today. While U.S. taxpayers have spent $48 billion on Iraq reconstruction efforts to date, GAO finds that Iraq has spent only 1% of total expenditures to maintain roads, bridges, vehicles, buildings, water and electricity installations, and weapons for security forces. ... Source: www.commondreams.org --- 16 days ago
BAGHDAD - Despite intense U.S. pressure, Iraqi legislators Sunday failed to reach an agreement to solve an increasingly bitter dispute over the Oil-rich northern city of Kirkuk. Kirkuk sits on Iraq’s northern Oil fields and also on a fault line between the Sunni Muslim Kurds who dominate most of northern Iraq and the Sunni Arabs [...] ... Source: clipmarks.com --- 35 days ago
clipped by: sillysam clipper's remarks: The no-bid contracts are a stopgap until an Oil law passes and more extensive contracts can be bid for Iraq’s undeveloped fields. Iraq’s Oil ministry is hardly a model of efficiency. The contracts to which Schumer so objects are still hung up in negotiations. But Iraq is headed in the right direction. One could be forgiven for getting the sense sometimes that it is that progress that bothers Democrats most. Clip Source: article.nationalreview.com Where to start? First, with the fact that Iraq is a sovereign country. It has a perfect right to develop its resources in any manner it pleases (although we have a right to expect it to be mindful of all we have sacrificed on its behalf). Second, it has been unanimously considered — until now — a sign of health if Iraq produces more Oil. How many times have we heard from Democrats over the years that Iraq is not even back to its pre-war levels of production? Well, now it is finally at 2.5 million barrels a day again, and set to go higher. Third, the Iraqis hope through the arrangements with the Western companies to increase production by half-a-million barrels a day in the short term, half of the amount of increased production Schumer wanted to pressure out of the Saudis. The big firms involved — Exxon Mobil, Shell, Total, and BP — have been advising the Iraqi Oil ministry without charge for two years. ... Source: www.star-telegram.com --- 27 days ago
The State Department's inspector general is investigating Iraqi Oil contracts after four Democratic senators complained that department employees may have encouraged lucrative Oil deals between Iraq and several Western companies. ... Source: tvnz.co.nz --- 13 days ago
Iraq is expected to end the year with a surplus of some $79 billion thanks to increased Oil production. Now critics are asking why that money isn't going into rebuilding the country ... Source: www.earthtimes.org --- 18 hours ago
Baghdad - Visiting Lebanese Prime Minister Fouad Seniora and Iraq's Prime Minister Nuri al-Maliki on Wednesday agreed, among other things, on the export of Iraqi crude Oil to Lebanon during talks in Baghdad. Seniora arrived in the Iraqi capital amid ... ... Source: www.naharnet.com --- 2 days ago
Lebanon and Iraq are expected to discuss Oil and trade during a visit by Premier Fouad Saniora to Baghdad,... ... Source: www.earthtimes.org --- 14 hours ago
Baghdad - Visiting Lebanese Prime Minister Fouad Seniora and Iraq's Prime Minister Nuri al-Maliki on Wednesday agreed, among other things, on the export of Iraqi crude Oil to Lebanon during talks in Baghdad. Seniora arrived in the Iraqi capital amid ... ... Find more results for Iraqi Oil on RSSMicro.com |
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AP - The State Department's inspector general is investigating Iraqi Oil contracts after four Democratic senators complained that department employees may have encouraged lucrative Oil deals between Iraq and several Western companies. ...