Bush in Iraq! (03.09.07)
Brits leave Basra Palace - but they will still be at Basra airport, so many press reports are misleading. (03.09.07)
Greenspan: ‘The Iraq war is largely about oil
17.09.07. LA Times. The former Federal Reserve chairman makes the comments in his new book, out today.
Greenspan clarifies Iraq war, oil link
17.09.07. Reuters / Washington Post. Clarifying a controversial comment in his new memoir, former Federal Reserve Chairman Alan Greenspan said he told the White House before the Iraq war that removing Saddam Hussein was "essential" to secure world oil supplies, according to an interview published on Monday.
Chevron, Total Submit Study On Iraq s Majnoon Devt - Oil Min
18.09.07. CNN. "The ministry has set up a committee headed by Director General of the South Oil Company, Abdul Jabbar Lauby, to study the possibility of signing a memorandum of understanding with the two companies," the statement said. However, if a memorandum of understanding is signed with these two companies that doesn't imply they have been promised the right to develop the field, the statement noted.
Iraq war is all about oil
20.09.07. suntimes. Alan Greenspan in his book said, "I am saddened that it is politically inconvenient to acknowledge what everyone knows. The Iraq war is largely about oil." I think we should fly an Exxon Mobil flag at military funerals just for the sake of honesty.
STILL Uneducated Media Dept.
Iraq parliament to discuss key oil law
20.09.07. Reuters. Iraq's parliament should start in early October to debate an oil law, needed to regulate how wealth from world's third largest oil reserves will be shared [ sic by its sectarian and ethnic groups, the deputy speaker said.
Bush [Cheney ] Says He's Keeping Eye On Kurdish Oil Deal
20.09.07. rferl.org. Bush has repeatedly said the point of his surge strategy in Iraq is to give the Iraqi government the security it needs to seek reconciliation in the divided country. One part of that effort was a national oil law that would let all Iraqis share the revenues of their country’s most valuable natural resource. That law has been a long time coming and is still stalled in Iraq's parliament. … "Our embassy also expressed concern about it [Hunt deal}. I knew nothing about the deal. I'm -- I need to know exactly how it happened," Bush said. "To the extent that it does undermine the ability for the government to come up with [an] oil revenue-sharing [ sic ] plan that unifies the country, obviously I'm -- if it undermines that, I'm concerned."
[ The US specifically built a wall to DIVIDE Iraqis ]
The UN and Iraq, AGAIN
21.09.07. karlmarxwasright / uruknet.
Regarding another flashpoint, the contentious Kirkuk referendum. It appears the Kirkuk referendum will NOT go forward this Fall as initially planned, avoiding immediate military conflict with the US economic ally, Turkey's, "Islamic," AKP government whose "passion is to sell state companies." Meanwhile, the Hunt deal with the KRG is being opportunistically excoriated and seized upon, while Sadr becomes Iraq's Baghdad and Basra Czar and the "internationalization" and privatization, i.e., sell out and sell off, moves forward inexorably, as above. The nominal puppet "central Iraq government" in Baghdad will reign supreme, necessitated by the multinationals and necessary for the international enterprise "lets make a deal."
MPs warn UK government on Iraq oil meddling
Notes for Editors
 EDM 1180 Iraqi Oil: Tabled by Katy Clark MP on March 20th 2007
 Kim Howells (Foreign Office Minister of State), in response to parliamentary question (PQ) by Alan Simpson MP
19 February 2007: “Exchanges have included discussion of Iraq’s evolving hydrocarbons legislation where British international oil companies' have valuable perspectives to offer based on their experience in other countries. Discussions with international oil companies on hydrocarbons legislation have included the range of contract types which Iraq is considering.
Lord Triesman (Parliamentary Under-Secretary, Foreign & Commonwealth Office), in response to PQ by Lord Beaumont
25 June 2007:
“The current draft law is a result of negotiations between representatives of all Iraq's main political parties. The UK has during those negotiations encouraged balanced, technically unambiguous legislation, acceptable to Iraq's main political parties, which will provide a legal framework to facilitate much-needed investment in Iraq's oil industry, domestic and international. Were commercial opportunities to become available after the passage of the hydrocarbons legislation, we would be keen to promote UK companies and their expertise in the oil and gas sector”. See here .
Documents obtained under the Freedom of Information Act by PLATFORM also reveal that British diplomats in Baghdad and civil servants in Whitehall have worked with oil company lobbyists, helping them obtain direct contact with Iraqi decision-makers.
See PLATFORM's submission to the Iraq Commission here.
 PLATFORM is a member of a coalition calling for 'Hands off Iraqi Oil' along with War on Want, Jubilee Iraq, Iraq Occupation Focus, Naftana, CorporateWatch, and Voices UK. See more here .
Bush urges Maliki to press on with laws
25.09.07. NBC. Despite months of US pressure, the Iraqi parliament has yet to agree a new oil law …
Tomgram: Dilip Hiro, It's the Oil, Stupid
25.09.07. Tomdispatch. Before the invasion of Iraq in March 2003, discussion of Iraqi oil was largely taboo in the American mainstream, while the "No Blood for Oil" signs that dotted antiwar demonstrations were generally derisively dismissed as too simpleminded for serious debate. American officials rarely even mentioned the word "oil" in the same sentence with "Iraq." When President Bush referred to Iraqi oil, he spoke only of preserving that country's "patrimony" for its people, a sentiment he and Great Britain's Prime Minister Tony Blair emphasized in a statement they issued that lacked either the words "oil" or "energy" just as Baghdad fell: "We reaffirm our commitment to protect Iraq's natural resources, as the patrimony of the people of Iraq, which should be used only for their benefit."
Interview: J. Jay Park on the Iraq oil law
26.09.07. B. Lando, energy-daily.com. J. Jay Park's work on international legal petroleum regimes has taken him around the world. He helped craft Somalia's new hydrocarbons law and has led training sessions for officials in Iraq's Oil Ministry. He also represented Western Oil Sands, a Canadian firm, in its deal with the Iraqi Kurdistan Regional Government. read the interview
Hunt oil deal creating tension in Iraq: US
27.09.07. AFP / legitgov. A US official on Thursday criticised an oil deal between Texas-based Hunt Oil Company and Iraq's Kurdistan Regional Government (KRG), saying it had "needlessly elevated tensions" in Iraq. Hunt had been advised by the US State Department not to enter the deal before the Iraqi parliament passed a [US-backed] national oil bill that will share out [steal] the country's lucrative oil revenues but it went ahead anyway, a US embassy official in Baghdad told reporters.
Iraq in talks with oil majors for plans
27.09.07. Earthtimes. Iraq's government is discussing oil field development with global oil majors as it attempts to boost production amidst security concerns…. Iraq [puppet] Oil Minister Hussain al-Shahristani said earlier this month in Dubai his government would move forward on signing oil deals despite the lack of a modern oil law. That law is stuck in parliamentary debate. Shahristani would rely on 1980s legislation to dictate deals.
The Iraq oil grab that went awry
27,09.07. Dilip Hiro. Here is the sentence in The Age of Turbulence, the 531-page memoir of former Federal Reserve chief Alan Greenspan, that caused so much turbulence in Washington last week: "I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil." Honest and accurate, it had the resonance of Bill Clinton's election campaign mantra, "It's the economy, stupid." But, finding himself the target of a White House attack - an administration spokesman labeled his comment "Georgetown cocktail party analysis" - Greenspan backtracked under cover of verbose elaboration. None of this, however, made an iota of difference to the facts on the ground.
Here is a prosecutor's brief for the position that "the Iraq war is largely about oil".
Black gold turns grey as Western giants prepare to draw from the wells of Iraq
30.09.07. Ewa Jasiewicz, Independent. The big oil multinationals thought the prize was theirs under new production-sharing agreements in the war-torn country. But the 'Iraqi wealth for the Iraqi people' movement is growing amid internecine conflicts and trade union resistance. ‘As the executives toasted one another with cocktails sponsored by Lukoil at the Iraq Petroleum 2007 conference in Dubai earlier this month, ordinary Iraqis were living in a state of emergency. … At the same time, a parallel conference was taking place in Basra under the banner, "Oil wealth belongs to the Iraqi people". … Controversy has raged over the provisions of the new law, with political parties, religious authorities, oil experts and trade unions calling for a referendum and a moratorium on any long-term contracts with foreign groups. Planning minister Ali Baban has pledged to resign if the law is passed; the Association of Muslim Scholars has issued a fatwa against it; more than 100 senior technocrats and experts have written to the government boycotting it; and Iraqi oil unions have not ruled out strike action. … A recent research poll commissioned by US and UK human rights groups found that just 4 per cent of Iraqis felt they had received enough information about the oil law. Some 63 per cent said they believed their oil industry should be developed by state companies, with 32 per cent of those indicating a strong preference. … The type of contracts on offer has also been a source of controversy. Production-sharing agreements (PSAs) were the first to be touted by the law – exclusive long-term deals that Iraq's unions liken to earlier, colonial-era concession agreements. These gave companies virtually unlimited profits, and control over the production, depletion and sale of Iraq's oil.
Kurds in Iraq strike 4 new oil deals, angering Baghdad
03.10.07. IHT. But the deals have aggravated tensions with the Arabs who dominate the national government, calling into question whether Iraqi politicians will ever be able to work out differences on how to develop the huge petroleum reserves. .. The Kurds' new oil and gas exploration production-sharing contracts were signed with Heritage Oil Corp., a publicly traded Canadian concern, and Perenco SA, a privately held French company. .. "Any contracts signed before the approval of the oil law will be ignored or considered illegal," said the spokesman, Assim Jihad. He added that the ministry would take "rigid steps against those who ignore its orders."
Come to Washington this September for the historic union of the 9/11Truth, Peace and Impeachment movements. March with us as we honor the victims of 9/11 and the thousands of casualties of the illegal wars in Afghanistan and Iraq. Call for the end of the bogus war on terror, impeachment of the criminals in the White House and restoration of our civil liberties.
[ America built partition walls in Baghdad, similar to the Berlin or Israeli walls, and then unbelievably voted to divide Iraq into three - thus advertising the fact that there never has been and there is NO "Iraqi" government. But In Iraq, the reality is - as it always is - quite different:
Iraq's National Liberation Front
08.10.07. Ibrahim Ebeid and Husayn Al-Kurdi, al-moharer. By far the biggest story and best-kept secret in the Western media has been the steady development of the Resistance to the U.S.-led occupation of Iraq. While the attention of the U.S. information services and its accomplices has been fixated on the sectarian violence among various ethnic and religious communities, the Arab Ba'ath Socialist Party has steadily been uniting and cooperating with all in Iraq who show themselves to be committed to ridding their country of occupation and restoring it to the exercise of self-determination and a resumption of its role at the forefront of the Arab struggle against Imperialism and Zionism.
Cheney's Oil Law For Iraq Is Neocolonial Theft
08.10.07. globalresearch.ca. Muriel Mirak-Weissbach. Although a great deal more is at stake in the Iraq war than oil, there can be no doubt that the rich petroleum reserves of the country have stood high on the agenda of the war party since long before the 2003 invasion, and continue to be the focus of policy for the occupying powers.
Sunni insurgents form alliance against US
12.10.07. e. MacAskill, Guardian/ICH. · Political umbrella group announced on al-Jazeera· Statement pledges to continue resistance Six Iraqi insurgent groups took a step towards unifying the factions fighting the US yesterday by announcing the creation of a political umbrella organisation.
Analysis: Hunt, State talked on Iraq oil
12.10.07. B. Lando, UPI. A representative from Dallas-based Hunt Oil Corp. did talk with the U.S. State Department prior to signing a controversial oil deal with Iraq’s Kurdistan Regional Government, according to an internal department communication obtained by United Press International. Hunt Oil, whose chief executive officer is connected to the Bush administration"> by campaign donations and a seat on an intelligence advisory board, had previously denied the meeting.
Iraq regional oil contracts legal: Kurdistan PM
15.10.07. [JURIST] Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani [official profile] defended the legality of the semi-autonomous Kurdish government's Kurdistan Oil and Gas Law [official statement] in an interview aired on Al Jazeera Sunday, faulting the Iraqi national government in Baghdad for failing to finalize oil revenue legislation.
The Impact of Oil Contracts for the Government of Iraqi Kurdistan
16.10.07. Walid Khadduri, Al-Hayat, uruknet.
Deputy PM says Iraq some way off oil law agreement
17.10.07. Reuters. "Most of the elements of the oil law are in place and if we were to decide to go to parliament and...present it any time soon, we probably can muster the political majority it needs to pass," Salih said. "But...we want this law to unify Iraqis, not to divide Iraqis. We will not want this law to pass (with) 51 percent of the vote. We have to have broad acceptance of this law and we have some work to do in that regard," he added, during a discussion at international affairs think tank Chatham House.
It's the Oil
18.10.07. Jim Holt, The London Review of Books / Truthout. None of this is new material for many of us, but it needs to be said again. “Who will get Iraq's oil? One of the Bush administration's 'benchmarks' for the Iraqi government is the passage of a law to distribute oil revenues. The draft law that the US has written for the Iraqi congress would cede nearly all the oil to Western companies. The Iraq National Oil Company would retain control of 17 of Iraq's 80 existing oilfields, leaving the rest - including all yet to be discovered oil - under foreign corporate control for 30 years.”
A FURTHER (hidden) REASON FOR US WAR IN IRAN?
Iraqi Oil Ministry secures propane deal with Iran
21.10.07. portaliraq / legitgov.org. Iraq's Oil Ministry has secured a propane deal with Iran and is making plans to allocate workers to load and deliver the needed fuel. Tehran and Baghdad signed a deal Oct. 15 to supply Iraq with propane from Iran.
Reliance signs northern Iraq oil contract - source
29.10.07. Reuters. Even as Turkish troops mass on the border of northern Iraq, India's Reliance signed a deal on Monday to explore for oil and gas in Iraq's Kurdish region, a senior company official said. Reliance signed the production sharing contract for two exploration blocks with the semi-autonomous Kurdish Regional Government (KRG), the source said.
Iraq, With U.S. Support, Voids a Russian Oil Contract
04.11.07. NY Times. Guided by American legal advisers, the Iraqi government has canceled a controversial development contract with the Russian company Lukoil for a vast oil field in Iraq’s southern desert, freeing it up for potential international investment in the future. ... The contract presented a quandary for the United States, which has been accused by some critics of invading Iraq for its oil. There is little evidence to date that the war effort has given American oil companies an inside track to Iraq’s reserves, and the Lukoil deal is the only one involving a major oil company to be reversed since the start of the war.
But as a cornerstone of its foreign policy, the United States has argued vigorously for countries to honor petroleum contracts. In that light, condoning the cancellation of the Lukoil contract could be seen in some quarters as evidence of a double standard.
Oil Minister: Iraq allocates US$2 billion for oil investments
15.11.07. IHT. The allocation was contained in the draft US$48.4 billion (€33.1 billion) budget for 2008 which was sent to parliament this week. "We can also increase investment in the oil sector through bringing in foreign companies," Hussain al-Shahristani told reporters at the Organization of Petroleum Exporting Countries summit in the Saudi capital.
[US/iraq oil minister] Al-Shahristani said Iraq is negotiating with oil majors to sign oil fields development contracts. He would not name them, however.
US bolsters platforms to defend Iraq's oil
17.11.07. Telegraph. The US-led coalition is building a permanent security base on Iraq's oil pumping platforms in the Gulf to act as the "nerve centre" of efforts to protect the country's most vital strategic asset. Work on the Tactical Operations Centre on the Khawr al-Amaya terminal should be finished early next month. MAP.
Reliance’s problems in Iraq are just the tip of the iceberg
17.11.07. hiindu.com. The latest difficulties confronting Reliance Industries in Iraq are just the tip of the iceberg for any foreign contractor hoping to enter Iraq’s oil sector, says Mr Roger Howard, author of ‘Iran Oil’ (www.vivagroupindia.com). As reported earlier, Iraqi Oil Minister said on November 15 that Reliance’s deals with Kurdish Region have no standing. And also that the companies which have signed the contracts with the Kurdish Region may compromise their chances of getting future contracts in Iraq. Reliance has said that the two exploration blocks in the Kurdish Region for which it has signed the agreements are within the legal framework.
Swiss oil company admits to Iraq oil kickbacks
21.11.07. xinhuanet. Swiss oil-trading company VitolSA has pleaded guilty to a larceny charge in connection with paying secret kickbacks to the former Iraqi government under the U.N. oil-for-food program, The Wall Street Journal reported Wednesday. .. Prosecutors alleged Vitol paid 13 million dollars in kickbacks to Iraqi officials in connection with oil purchases from June 2001to September 2002 and allowed false representations to be made to the U.N. that no kickbacks were paid. .. Last week, a leading U.S. oil company [see Condi Rice connections] Chevron Corp. agreed to pay 30 million dollars to settle civil and criminal charges related to secret surcharges paid by third-party merchants in exchange for oil from Iraq in the program.
IRAQ: Oil minister may face fraud charges
22.11.07. Sabah Kamel, Azzaman/uruknet. [U.S. controlled] Oil Minister Husain al-Shahristani has failed to provide final accounts on Iraqi oil revenues to the parliament, the head of the parliament’s economic commission said.
Israel to assess access to Iraq's oil
23.11.07. presstv.ir. The US has asked ISRAEL to assess the possibility of pumping oil from Iraqi oil refineries to Haifa, according to Israeli reports. The Zionist regime views the pipeline to Haifa as a bonus that the US can trade in return for explicit support for the invasion of Iraq.
Iraq nullifies Kurdish oil deals
24.11.07. yahoonews. Iraq's oil ministry has declared all crude contracts signed by the Kurdish regional authorities with foreign companies null and void, a government official said on Saturday.
Stealing Iraq oil at heart of Bush foreign policy
28.11.07. G. Hebert, Chesterton Tribune. Bush's number-one non-military objective is to force the Iraqi Parliament to surrender two-thirds of Iraq's OIL fields to private, foreign OIL companies, allowing corporations such as Exxon-Mobil to virtually STEAL Iraq's most valuable economic resource.
Bush-Maliki Agreement Defies US Laws, Iraqi Parliament
30.11.07. Maya Schenwar, t r u t h o u t. Monday's "declaration of principles" between President Bush and Iraqi Prime Minister Nouri Al Maliki indicates the US will maintain a "long-term" presence in Iraq and involve itself closely in the Iraqi oil trade, backsliding on rules made in this year's two largest defense laws. The 2008 Defense Appropriations Act, which Bush signed into law in mid-November, bars the United States from establishing permanent bases in Iraq and from exerting control over Iraqi oil. The 2008 Defense Authorization Act, which has passed the House and Senate and is expected to be sent to the president sometime in the next few weeks, contains similar language. Under both acts, the US is forbidden "to establish any military installation or base for the purpose of providing for the permanent stationing of United States Armed Forces in Iraq." Although when Bush approved the Appropriations Act, he released a signing statement exempting himself from several of the law's provisions, the proscription against permanent bases was not one of them. Joseph Gerson, ... said that the rule preventing permanent bases in Iraq can be easily dodged. It's a question of language manipulation, according to Gerson.
Interview: Leading Iraq's oil workers
30.11.07. b. Lando, UPI. "National expertise and resources are capable of enhancing production in the oil industry," Hassan Jumaa Awad, president of the umbrella Iraqi Federation of Oil Unions, told United Press International Friday.
3 Videos: Daniel Estulin
author: The Bilderberg Group in a Snowshoe Documentary Film. Discussion on Peak Oil, and much more. Must Watch.
US envoy presses Iraq to pass laws aiding 'political reconciliation'
02.12.07. Jurist. US Deputy Secretary of State John D. Negroponte [official profile] said Sunday at a news conference in Baghdad that Iraqi lawmakers must take advantage of what he called the "significant results" of the recent security surge and enact laws aimed at political reconciliation. Negroponte, who was US ambassador to Iraq from June 2004 to April 2005, spoke with top provincial and central government leaders during a tour of nine Iraqi cities this past week. Reflecting a US government agenda laid out earlier this year in Section 1314 of the US Troop Readiness, Veterans’ Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 (Public Law 110-28) [PDF text] Negroponte called on the Iraqi government to enact legislation ensuring the equitable distribution of oil resources and codifying the separation of central government and provincial powers. ... The oil law [JURIST news archive] is one of 18 benchmarks established by Public Law 110-28 to measure US success in Iraq.
"Oil Crusades: America Through Arab Eyes" :: Introduction
02.12.07. Abdulhay Y. Zalloum, mediamonitors. In September 2002 the administration of George W. Bush published its National Security Strategy in preparation for its pre-emptive wars, starting with Iraq. The document stated: “The US national security strategy will be based on a distinctly American internationalism that reflects the union of our values and our national interests.” Robert Kaplan, a well-known neoconservative, put it more bluntly: “We and nobody else will write the terms for international society.”1 But what happens if the marriage of US “values and national interests” is not backed by part or most of “international society”? ... This is the aspect of America that foreigners find hardest to comprehend - the seemingly deliberate choice by government to expose its citizens (especially its weakest) to jeopardy. The United States remains the world’s most productive economy. It outspends all other countries combined on defense. But abroad, the American model is not a popular one, and less so since Katrina. Other developed democracies take medical insurance, decent education, efficient public transport and a social safety net as essential attributes of a just society. Yet America seems determined to eliminate even lesser protections. ... When an economy is in trouble in the American capitalist order a war (whether started deliberately or accidentally) is always useful, particularly if, as we know with the Project for a New American Century, the ground has already been prepared for US global domination.
THE VULTURES ARE STILL WAITING
New oil law needed in Iraq: US Treasury official
05.12.07. Jurist. The Iraqi legislature's failure to pass an oil law [JURIST news archive], rather than the security situation in the country, is preventing international oil corporations from investing in Iraq, US Deputy Treasury Secretary Robert Kimmitt [official profile] said Tuesday. Kimmitt explained that companies are looking for the law to establish a firm investment framework with clear regulations before moving into Iraq, and are less concerned with security issues, with which the companies are used to dealing.
Russia may dump weakening US dollar in its energy deals
15.12.07. dailytimes.com.pk. It seems that the rejection of the US dollar has become a fashion trend in modern-day business relations. Several major oil and gas exporters have recently announced their plans to use a different currency in their deals with other countries. The heads of Iran, Venezuela and Ecuador expressed such an opinion at the OPEC summit in November. Iranian President Mahmoud Ahmadinejad particularly stated that Iran needs to replace the dollar because of its ongoing setback. His Venezuelan counterpart, Hugo Chavez, expanded on the idea and put forward a suggestion to change the dollar for the basket of currencies (apart from the dollar it includes the euro, the British pound, the Japanese yen, the Chinese yuan and the Venezuelan bolivar) to recalculated world prices on oil. Ahmadinejad continued with an idea to set up the OPEC Oil Exchange and the OPEC Bank. See PNAC II for further $ related stories.
Bush, Maliki Break Iraqi Law to Renew U.N. Mandate for Occupation
20.12.07. Raed Jarrar and Joshua Holland, Alternet. A majority of Iraqi lawmakers say renewal requests not ratified by the parliament are illegal.
Iraqi oil delegation in Iran
30.12.07. Tehran times. “The 30-member delegation is composed of decision-makers and consultants in the Iraqi Oil Ministry and traders from Iraqi Kurdistan and the southern part of the country and has the chance to become familiar with the potential of Iranian companies to design and implement oil projects,” said Medhi Saleh Olwan, the head of Iraq’s delegation.
Oil: Iraq invites international oil companies to expand oil industry
03.01.08. Voices of Iraq, URUKNET. Oil Ministry on Wednesday invited international oil companies willing to work in Iraq to submit their papers, provided that they were officially registered in the country’s concerned offices, a ministry spokesman said. ... Jihad noted the invitation of companies coincided with a new Iraqi trend to implement a high number of oil projects in Oil Ministry’s long-term plan to improve the [AMERICAN ?] oil industry.
StatoilHydro says to register for Iraq deals
Iraq prepares oil licensing round without federal oil law
10.01.08. iranoilgas. The Iraqi oil ministry's newly formed Directorate of Petroleum Contracts and Licensing has published its request to international oil companies to present prequalification documents to the directorate by January 31 ahead of a forthcoming licensing round.
*A WIDER PERSPECTIVE: GLOBAL OIL STRUGGLE
SPEAKING FREELY: The Kremlin and the world energy war
10.01.08. W Joseph Stroupe, asia times. The global order is re-dividing into roughly two de facto blocs - one has the US at its core and the other has Russia-China at its core. Energy is the major dividing line between the two blocs, and as desperation for control of strategic energy resources increases rapidly, so will the sharpness of the dividing line between the two blocs. With energy thus serving as a primary catalyst, the resource-rich Eurasian bloc is attaining significantly more gravitational pull than the American bloc. Is the West blundering into strategic mishap, inadvertently increasing Russia's global energy importance and opening the door to an obligatory greater reliance on resource-rich Russia? What will be the outcome of ongoing developments? Empowering Russia; US hand strengthens Russia's; Kremlin strategy - opportunistic and brilliant; Global polarization.
Disputes between Iraq’s national government and Kurdish region keep taking their toll…
21.01.08. iraqoilreport. The national Oil Ministry intends to move forward on developing the oil and gas sector, while it cuts out companies who have signed with the Kurdistan Regional Government, deals Baghdad calls illegal. Meanwhile there’s no sign of any breakthrough on the oil law.
Iraq extends registration for international oil companies
22.01.08. Ynetnews. Iraq has extended to Feb. 18 its invitation to international oil companies to submit registration documentation to bid for participation in the development of some of Iraq's prized oil fields, the Oil Ministry announced Tuesday.
Iraq oil law talks not taking place now
24.01.08. earthtimes. Negotiations are not taking place in Baghdad on the controversial oil law and other oil disputes, contrary to previous news accounts. UPI confirmed that a top U.S. State Department official tasked with moving the oil law forward is in Washington, not Iraq.
U.S. to seek broad powers in Iraq as UN mandate expires
25.01.08. IHT. The Bush administration will insist that the government in Baghdad give the United States broad authority to conduct combat operations and hold battlefield detainees, as well as guarantee American troops and civilian contractors immunity from Iraqi law, according to administration and military officials.
American Oil companies offered five million dollars to each Iraqi MP to pass the Oil law
29.01.08. Roads to Iraq / uruknet. An Iraqi MP preferred to remain anonymous told the newspaper that highly confidential negotiations took place by representatives from American oil companies, offering $5 million to each MP who votes in favor of the Oil and Gas law.
Shell CEO says decision on Iraq plans will depend on oil law
31.01.08. money.cnn. A proposed legislation that will set the ground rules for the Iraqi oil industry is still pending in parliament.
Shell seeks Iraq gas deal, decision soon-minister
SFRC Testimony -- Zbigniew Brzezinski
01.02.08. Brzezinski Testimony, Senate Foreign Relations Committee.
See also: Senate Foreign Relations Commitee - February 1, 2007.
If the United States continues to be bogged down in a protracted bloody involvement in Iraq, the final destination on this downhill track is likely to be a head-on conflict with Iran and with much of the world of Islam at large. A plausible scenario for a military collision with Iran involves Iraqi failure to meet the benchmarks; followed by accusations of Iranian responsibility for the failure; then by some provocation in Iraq or a terrorist act in the U.S. blamed on Iran; culminating in a “defensive” U.S. military action against Iran that plunges a lonely America into a spreading and deepening quagmire eventually ranging across Iraq, Iran, Afghanistan, and Pakistan.
Iraq Oil MInister: Cabinet study a bid offered by Royal Dutch Shell
01.02.08. alsumaria.tv. Oil Minister Hussain Al Shahristani held a joint press conference with EU Energy Commissioner Andris Piebalgs. During the press Conference Shahiristani affirmed that “Royal Dutch Shell has made a proposal to Iraq for gathering gas and building a facility to supply the local market and export additional gas ... through southern ports or a pipeline”. He added that government will respond soon.
BP signs Iraq register for possible oil investments
U.S. on sidelines of Iraq oil law debate-envoy
05.02.08. Reuters. The United States is watching from the sidelines as negotiations stall between the federal Iraqi government and the regional leadership in Kurdistan over two laws to govern oil production and revenue sharing.
Iraq sidesteps oil law impasse
06.02.08. Financial Times. (must register to read article). Iraq's underperforming oil industry - hampered by years of Ba'athist incompetence, war, the invasion aftermath and, finally, a year-long political impasse - is to be opened to foreign investment. After a year waiting in vain for parliament to pass an oil industry law, the government in Baghdad says it will go ahead with its development plans regardless of the proposed legislation's fate.
Iraq invites oil groups ahead of key law
06.02.08. Financial Times. (must register to read). The Iraqi government is inviting major oil multinationals to participate for the first time in the development of the oil industry, without waiting for the passage of crucial legislation determining how the revenues will be shared between its regions. In a sign that the oil law - legislation the US considers key to Iraq's future stability - is unlikely to be agreed by parliament soon, Hussain Shahristani, oil minister, said Iraq was determined to push ahead with plans to raise production from a current 2.5m barrels per day to 6m bpd in five years.
Iraq hoping to pass oil law in 2008 - oil minister
06.02.08. Forbes. Iraq's oil minister said his government is determination to pass a draft oil law this year, adding he hopes to ramp up production to 2.9 mln barrels per day by the end of the year.
Oil majors to resume talks on Iraq technology pacts later this month
08.02.08. Hassan Hafidh, marketwatch.
Axon Mobil Crop interested in helping to develop Iraq huge oil reserves
Iraq deals with Big Oil to be signed in March…
08.02.08. iraq oii report.
Iraq attracts int'l firms for oil developments
10.02.08. menafn.com. The Iraqi Oil Minister announced that an invitation has been sent by the ministry to major oil companies to contribute in developing Iraq's oil industry, Iraq Directory reported.
Iraq’s Constitution needs fixing before the oil law can be moved, top MP says…
11.02.08. Iraq Oil Report. Political disputes over Iraq’s Constitution need to be resolved before progress on the oil law, said the deputy head of the Parliament’s Energy Committee. “This will make the way to pass the law of oil and gas,” Abdul-Hadi al-Hasani told United Press International’s Ben Lando in a phone interview from London. “It will be very easy to be passed because we won’t have any disagreements. Roadblocks now are not technical, they are political.” Russia’s Finance Minister said Russian firms will get special advantage to invest $4 billion in Iraq following Moscow’s agreement last week to erase $12 billion in Saddam-era debt. Alexi Kudrin also said Russia would get “special attention to the previously signed deals,”
Iraqi lawmakers pass 3 key bills
14.02.08. LA Times. Analysts cautioned, however, that Iraqi leaders remained deeply divided on key issues, including the distribution of Iraq's massive oil wealth and the future of disputed territories such as oil-rich Kirkuk.
Shell, ExxonMobil say it and others want in Iraq’s oil and gas but need guarantees in the law…
14.02.08. iraqoilreport. Iraq’s legal framework is still uncertain, Big Oil firms say, though negotiations on oil and gas deals are ongoing and could wrap up by next month.
Total says plans to register interest in Iraq
15.02.08. Reuters. French oil major Total
(TOTF.PA: Quote, Profile, Research) plans to register its interest in helping to rebuild Iraq's shattered oil industry, although it has said it is too dangerous for now to operate there. Foreign oil companies have until Monday to register to bid for contracts.
The door to Iraq's oil opens
16.02.08. M K Bhadrakumar, atimes/legitgov. [Excellent Article - READ IT] Shahristani finds himself in an enviable position as a creator of wealth for the Western world. He holds the key to the door that opens out to the magical world of Iraqi oil. ... And Shahristani is visibly getting ready to negotiate the contracts for Iraq's "super giants". In the idiom of Big Oil, "super giants" are fields with at least five billion barrels of oil in reserve. Iraq's super giants are Kirkuk (in Kurdistan), Majnoon (bordering Iran), Rumaila North and South (in the south), West Qurna (west of Basra) and Zubair (in the southeast) fields, and, possibly, the Nahr Umr and East Baghdad fields. In addition, Iraq is estimated to have 22 "giant" fields, each having more than 1 billion barrels of oil.
In fact, Iraq may host the largest untapped reserves in the world. ... the world oil market is in a tizzy when Shahristani says something, anything. He is about to sign the contracts for these and many other large Iraqi oil-producing fields. ... The acuteness of the situation is apparent from the stark warning by the former chairman of the United States Foreign Relations Committee, Senator Richard Lugar, last year in a speech in New York that something like three quarters of the world's oil reserves are located in countries which are not under American influence. ... any plan to hasten the US effort to achieve greater oil independence translates in political terms as taking control of Iraq's oil reserves. There is simply no other viable alternative open to the US<./b>. ... The general expectation is that the TSAs will be signed during the third round of discussions due in March. ... In sum, as Ben Lando, United Press International's energy editor put it, "Big Oil's big dreams are close to coming true..."
FODDER FOR THE BUSHFIRE
Iran & Russia can rid world of dollar's slavery
17.02.08. iranmania. n's Ambassador to Moscow said Iran and Russia, as major energy suppliers, can rid the world of US dollar's slavery by promoting oil and gas deals using different currencies, IRNA reported. Gholam-Reza Ansari further emphasized in an interview with 'Echo Moscow Radio', "We have been trying to launch an Oil Stock Market in Iran and also trying to find substitute currencies for Iran's oil sales, that can be Russia's ruble."
Iraq inches toward luring big oil investment
18.02.08. S. Webb, Guardian. Iraq is inching toward attracting the billions of dollars needed to revamp its oil sector but international oil companies are still not ready to commit the massive sums required.
FACTBOX - Over 70 firms register for Iraq oil contracts
18.02.08. Reuters. The country, currently producing around 2.3 million barrels per day, is seeking major foreign investment to tap into its massive reserves and significantly boost output. Big oil firms such as Royal Dutch Shell and BP have been positioning for years to gain access and signed up for the register in advance of Monday's deadline. The oil ministry will announce which companies it has accepted as qualified to bid for future contracts in March.
Iraq oil law stalled, no end to impasse in sight
18.02.08. Ahmed Rasheed, Guardian. A law that could shape Iraq's future by clearing the way for investment in its oil fields is deadlocked by a battle for control of the reserves and no end to the impasse is in sight, lawmakers and officials say.
The bill is also meant to share revenue equitably from the world's third largest oil reserves, thus helping bridge the deep divides between Iraq's Shi'ites, Sunni Arabs and Kurds. The one thing all sides agree on is the law is vital to securing foreign investment to boost Iraq's oil output and rebuild its shattered economy after five years of insurgency and sectarian fighting that has killed tens of thousands of people.
But the law remains stalled by bitter rows between Baghdad and the largely autonomous Kurdistan region in the north over who will control the fields and how revenue will be shared. "Basically we're talking about political will here," said a U.S. official in Baghdad, who asked not to be identified.
Oil companies race to the finish as pre-registration for Iraq oil contracts closes
18.02.08. iraqoilreport. As the final day of registration closes, Iraq’s Oil Ministry said more than 70 firms from around the world have submitted papers. The Oil Ministry is going to vet those companies and announce the names next month of those who will be able to bid on contracts. Includes links for source information.
New Iraq oil refinery in Nasiriyah
Shell CEO: Expects New Iraq Oil Law Before End Of 2008
21.02.08. easybourse. Iraq will draft a new oil law before the end of the year, a key step for oil companies to operate in the country, Royal Dutch Shell PLC (RDSB) Chief Executive Jeroen van der Veer said Thursday.
International actions urge against Iraq oil law, say no good oil decisions can be made under occupation
Over 70 firms bid to develop Iraq's oil industry- paper
23.02.08. Voices of Iraq/uruknet. The report quoted a spokesman for the Iraqi Ministry of Oil, Aasem Jihad, as saying: "We are going to carefully study and check the documentation. Next month we will declare the companies which are permitted to work in the Iraqi oil fields."
Oil giants are poised to move into Basra
24.02.08. Observer. Brown's business envoy says that investment is the next step in bringing stability [sic] to the region
SK, KNOC bid for Iraqi oil licenses
25.02.08. joongangdaily. SK Energy Company, Korea¡¯s biggest oil refiner, and state-run Korea National Oil Corporation bid for licenses to develop oil reserves in southern Iraq
Analysis: Iraq oil debate review
28.02.08. Ben Lando. Iraq's draft oil law is stalled in Parliament, the national government and Kurdistan Regional Government are moving forward with their own deals -- unconstitutional, the each says of the other -- and Iraq's oil production is stalled at just more than 2 million barrels per day. .. United Press International has reviewed three recently published documents providing contrasting and varying insight. It's not exhaustive, but a good addition to an important discussion.
No movement on Iraq's draft oil law -Shahristani
29 .02.08. Reuters / Guardian. A draft oil law that would equitably share Iraq's vast oil reserves remains stalled in parliament with no sign of movement, Oil Minister Hussain al-Shahristani said on Friday. Shahristani told Reuters in an interview that he believed a major obstacle to the law passing would be the signing of oil deals between the Kurdistan regional government (KRG) and some smaller foreign energy firms. "There haven't been any developments on the oil law.
Spanner in US Oil Plans?
West seeks pretexts to use against Iran-Ahmadinejad
02.03.08. Reuters / wiredispatch. ranian President Mahmoud Ahmadinejad said in remarks published on Sunday that some Western countries were using Iran's nuclear activity as a pretext to pressure his country.
EXTRA: Iraqis will foil US plans in region, says Ahmadinejad
02.03.08. dpa / wiredispatch. Iranian President Mahmoud Ahmadinejad said Sunday in Baghdad that the Iraqi people would eventually foil the United States political plans in the Persian Gulf region.
Iran leader's Iraq visit eclipses US, Arab ties
02.03.08. Reuters / wiredispatch. Bush has visited Iraq several times, his administration keen to reduce Iranian influence in the world's top oil-exporting region.
Iran, Iraq to review issue of joint oil wells
02.03.08. Xinhua. Iranian Foreign Ministry spokesman Mohammad-Ali Hosseini announced on Sunday that Iran and Iraq are to review the issue of the two countries' joint oil wells, the official IRNA news agency reported.
FACTBOX: Trade between Iraq and Iran
02.03.08. Reuters. Iraq is Iran's second-largest non-oil export market. It bought about $1.3 billion worth of goods from Iran in 2006, according to a U.S. Congressional Research Service report in January. Estimates for non-oil trade since 2006 have ranged as high as $2 billion, almost entirely one way from Iran to Iraq.
* Iran said two days before Ahmadinejad's visit that Tehran is offering a $1 billion loan to Baghdad, a long talked about deal that will cover "basic projects" to be executed by Iranian contractors using Iranians goods and equipment.
* Similar taxation, joint investment and customs deals have been discussed, as well as an oil pipeline between Iran's Abadan and the southern Iraqi oil hub of Basra.
Iraq is Iran's second-largest non-oil export market. It bought about $1.3 billion worth of goods from Iran in 2006, according to a US Congressional Research ...
* Iran has offered to help Iraq develop untapped fields. The two countries share many oil fields, including Naftshahr, Paidar-e Gharb, Azar and Azadegan.
MPs warn against US attack on Iran
02.03.08. ukpress. A military strike against Iran is unlikely to succeed and could provoke a violent backlash across the region, MPs have warned. The Commons foreign affairs committee urged the Government to use its influence with Washington to persuade the US administration to "engage" diplomatically with the Iranians over their nuclear programme.
Analysis: Pentagon: Iraq oil laws stuck
12.03.08. B. Lando, UPI. A Pentagon report says four key oil-related laws in Iraq are "stalled" in political gridlock while gains in oil and power production could be lost. The quarterly report to Congress, "Measuring Security and Stability in Iraq," released Tuesday, said the law commonly known as the oil law is the furthest along the political process -- it made it to Parliament but is stuck in the Energy Committee.
IRAQ IS LOSING ITS OWN OIL TO US/FOREIGN CORPORATIONS
Iraq to pay oil firms to boost its output
19.03.08. A. Rashid, R. Fabi, Guardian. The Iraqi government is expected to pay up to $2.5 billion to five top oil companies to increase the country's oil output by nearly a quarter, a government adviser told Reuters on Wednesday.
In what would be the biggest foreign involvement for decades, Baghdad is close to signing technical support contracts with BP, Royal Dutch Shell, Exxon Mobil, Chevron and Total.
Forbidden fields: Oil groups circle the prize of Iraq’s vast reserves
19.03.08. Financial Times. Royal Dutch Shell has been quietly working with Iraq’s oil ministry over the past two years, advising it on how to increase the production of two oilfields. Under an agreement struck after the 2003 invasion, no one from the company, Europe’s largest oil group, has set foot in the troubled country; instead, monthly face-to-face meetings with the oil ministry have been held in Amman, the Jordanian capital, and weekly contact has been maintained by video-link. The Shell-financed project – and the attention showered on Baghdad – appears to be paying off: Shell is now negotiating a technical support agreement in which it will be compensated for helping upgrade production of producing fields. The oil company will again set up a team outside Iraq, helping, among other things, to bring new equipment into the country and training Iraqis in its use. But now, five years after the invasion, the oil groups are hoping to take their involvement in the country to a new level. Baghdad, desperate to increase oil production yet starved of investment, is starting to dangle what the companies have been after all along: a chance to develop and later explore what may be the world’s most promising untapped oil reserves. Indeed, as the companies gear up for technical support agreements, they are also registering to pre-qualify for the first bidding round of oil development contracts that are to be offered by Baghdad. .. With parts of the global oil industry threatened with nationalisation and much of the Middle East still closed to foreign ownership of reserves, access to Iraq, with the world’s third-largest oil reserves, has long been viewed as a huge prize.
US Company to Help Expand Iraqi Refinery
19.03.08. AP. Iraq's Oil Ministry has signed a contract with the Colorado Industrial Construction Services Co. to help expand a refinery in Najaf, south of Baghdad, an official said Wednesday. The $85 million contract is designed to increase the refinery's current capacity of 20,000 barrels of oil per day by roughly 10,000 barrels per day, a senior ministry official said.
Exxon Mobil spent $16.9M lobbying
Russian firm signs deal to fix Iraq-Syria pipeline
Iran torpedoes US plans for Iraqi oil
02.04.08. M K Bhadrakumar, uruk.
Shell ready to go to Iraq for oil
04.04.08, crippsears. Shell has revealed that it is ready to boost oil production in Iraq once the country has finalised its petroleum laws.
See THE BATTLE FOR BASRA TIMELINE: Footsteps to U.S. War in Iran? (08.04.08)
BP hopes to sign Iraq service contract midyear
07.04.08. Reuters. The deal is one of five that Iraq is negotiating with oil majors to boost output by 500,000 bpd, or nearly a quarter, from its largest oil fields. Iraqi officials had hoped to sign the deals by early April.
On Eve of Petraeus Testimony, Expert Cites Iraq's Urgent Need for Political Power-Sharing and Swift Action on Oil Legislation
07.04.08. Earthtimes. During the past several years, the Revenue Watch Institute has advised policy-makers in the U.S. and Iraq on the drafting and negotiation of oil legislation. A fragile compromise seemed within reach in early 2007, but continued suspicion and an accumulation of disputed details sidelined the negotiations. Kurdistan created its own Oil and Gas Act and signed independent contracts with 15 oil companies. The oil ministry has declared the Kurdish contracts illegitimate and is conducting its own negotiations with the oil industry. / In his Senate testimony, Mr. Said explained that while the U.S. military surge was meant to create an environment for dialogue, the political process seems to be heading in the opposite direction.
U.S. Attempt to Control Iraq's Oil and Economy Continues Behind the Scenes
07.04.08. Maya Schenwar, TruthOut.org./alternet. As violence rises again in Iraq, negotiations to institutionalize US economic dominance continue unabated.
Democrats to push legislation that would force Iraq to spend oil surplus on reconstruction
09.04.08. AP / china post. The legislation follows a recommendation by Gen. David Petraeus... / Iraq has about $30 billion in surplus funds stored in U.S. banks, [not a good idea during a recession?] according to Levin.
Total says near Iraq oil service contract deal
10.04.08. Guardian. Total is in the final stages of talks with Iraq for an oil service contract and the French group is also hoping investors from the Gulf region will buy into the company, Total's chief executive said on Thursday.
Iraq could pay up to $500 million for each of the five service contracts it is negotiating with oil majors, an Iraqi government advisor said last month.
Chevron seeks contract with Iraq on oil field
10.04.08. sfgate. Chevron Corp. confirmed Thursday that it is negotiating with the Iraqi government for a contract to help expand production at a major oil field near Basra. The company plans to work with French oil giant Total to improve operations at the West al-Qurna field in southern Iraq, said Chevron spokesman Kurt Glaubitz.
Exxon Mobil CEO gets $21.7 million pay package after record year
10.04.08. AP / kTEN. Exxon Mobil gave chairman and CEO Rex Tillerson an 18% raise to $21.7 million.
UPDATE:Iraq Official:To Announce Cos Qualified For Oil Bids Monday
11.04.08. CNN Money. Iraq will announce Monday those international companies qualified to bid for tenders to develop one of the world's largest oil fields, an Iraqi oil ministry official said Friday. .. / The ministry in February said that some 70 international companies had filed registration documentation to the ministry to take part in a future tender to develop Iraq's oil fields with proven oil reserves of 115 billion barrels, the world third-largest. Oil Minster Hussein al-Shahristani said some 115 companies sent documents.
THE VULTURES ARE WINNING RIGHTS TO BID FOR IRAQ OIL?
Lukoil is permitted to produce oil in Iraq
14.04.08. russia-ic. Iraq’s authirities named 35 transnational oil companies permitted to participate in upcoming bids for oil fields’ development and oil production in the country. Among the companies listed are Exxon Mobile, Royal Dutch Shell and Russian Lukoil.
OVL qualifies for Iraq oil and gas contracts
14.04.08. Financial express. OVL is the only Indian company in the list of 35 firms that the Iraqi government, headed by Nouri al-Maliki, has found to be eligible for bidding for the contracts, the official said.
. . . . .
Iraq May Be Required To Pay For Its Own Destruction:
Iraq's financial free ride [sic] may end :
15.04.08. A. Flaherty, AP / ICH. Iraq's financial free [sic] ride may be over. After five years, Republicans and Democrats seem to have found common ground on at least one aspect of the war. From the fiercest foes of the war to the most steadfast Bush supporters, they are looking at Iraq's surging oil income and saying Baghdad should start picking up more of the tab, particularly for rebuilding hospitals, roads, power lines and the rest of the shattered country.
. . . . .
Attitudes Toward U.S. Worsen in Arab World:
14.04.08. IPS / ICH. Nearly two-thirds, or 64 percent, of more than 4,000 respondents in Egypt, Jordan, Lebanon, Morocco, Saudi Arabia and the United Arab Emirates (UAE) said they held a "very unfavourable" attitude of the United States, up from 57 percent in late 2006. ... / Asked to name two countries that, in their view, posed the "biggest threat" to them, a whopping 95 percent and 88 percent of respondents named Israel and the U.S., respectively. That compared to 85 percent and 72 percent, respectively, in late 2006.
Iraq parl't sees more talks on draft oil law
15.04.08. Ahmed Rasheed and Khalid al-Ansary, Reuters, Guardian. Iraq's government and Kurdish officials will resume talks soon to try to iron out disputes holding up a landmark draft oil law, the deputy speaker of parliament said on Tuesday.
Khaled al-Attiya, a senior member in the ruling Shi'ite Alliance, said parliament had not yet received a final draft.
Korean Firm Wins Spot on Iraq's Oil Contract Shortlist
15.04.08. english.chosun.com. Iraq's oil ministry says the Korea Gas Corp. has qualified to compete for future oil and gas contracts in the country.
Iran ready to invest in Iraqi Kurdistan
15.04.08. IRNA/uruknet. Given Iran's readiness to implement various projects in Iraqi Kurdistan, he stated that in line with this, a proposal has been made to Iraqi officials to establish a 100-megawatt Mahabad-Souran power transmission line.
Iraq Gov’t Spokesman: Deal reached on oil law, Kurd contracts, Peshmerga funding, U.N.’s Kirkuk effort…
16.04.08. iraq oil report. raq’s central and Kurdish region governments have reached a deal on an oil law, including a method for weighing the validity of the oil deals the Kurds have signed with foreign firms, the top government spokesman told United
UPDATE 2-DNO lifted by hopes Iraq oil deal close
16.04.08. Reuters. DNO shares initially jumped by as much as 24 percent on media reports -- later denied by Iraq's oil ministry -- of a completed deal for Baghdad to honour oil contracts signed by the Kurdish regional government.
PetroChina to Bid for Oil and Gas in Iraq
16.04.08. trading markets.
Iraq: EU Eyes Energy Deal During Al-Maliki Visit
17.04.08. rferl. ... One of the EU's primary immediate interests lies in tapping into Iraq's natural-gas reserves. ... / Some of the EU's hopes for Iraq have been held up by the Iraqi leadership's inability to enact an oil and gas law, which could go some way to reassure would-be foreign investors [ but NOT Iraqis .] .. / Al-Maliki sought with mixed success to assure the EU that the Iraqi security situation is improving [sic]. He told the European Parliament's Foreign Affairs Committee that he is "more confident than at any time before" that Iraq's government is close to declaring a "final victory" [sic] over Al-Qaeda and its allies from the previous regime, various militias, and other criminal groups. ... / Marios Matsakis, a liberal Cypriot deputy, accused al-Maliki of embellishment or worse. "Listening to you this morning describing the situation in your country, I thought you were talking about another country, not Iraq, because the reports we have daily from your country are completely different," Matsakis said. "In fact, there is violence, aggression, corruption, insecurity, terrorist activity, all continuing unabated. Your country is, in fact, in what I would consider to be a real mess."
Iraq to Open Oil-Field Bidding
17.04.08. Jonathan Stearns and Glen Carey, Washington Post. Big Companies to Compete for Exploration, Production Rights Iraq, which pre-qualified international oil companies this week for the bidding, will open the southern fields of Rumaila North, Rumaila South, West Qurna and Zubair for exploration, Oil Minister Hussain al-Shahristani said in an interview in Brussels yesterday. In the north, international oil companies will be invited to develop the Kirkuk oil field and the Akkaz gas field.
Invest in Iraq and you repeat past mistakes, investors tell BP boardBig Companies to Compete for Exploration, Production Rights
18.04.08. Terry Macalister, Guardian.
Oil for War
19.03.08. Robert Bryce, American Conservative/global policy. After invading one of the most petroleum-rich countries on earth, the U.S. military is running on empty.
Iran President: Weak Dollar Behind High Oil Prices
Iran dumps U.S. dollar for oil trades
30.04.08. AP. [a long-time acoming]
Iraq: US Has No Claim to Oil Boom
01.05.08. Cliff Schecter/alternet. Iraqis are opposed to plans to use their oil to finance the US occupation.
UPDATE 2-DNO Q1 hit by low Iraq oil prices, export limbo
14.05.08. reuters. The first foreign firm to drill for oil in Iraq after the U.S.-led invasion, DNO continued to truck oil from its Tawke field in north Iraq to the local market -- where it realised an oil price of $62 per barrel over January-March.
Oil Search signs Iraq contract
14.05.08. arabian business. It has been announced that Oil Search has signed a production-sharing contract in Iraq for an area with potential reserves of 250 million barrels of oil. The company, focused in Papua New Guinea, has secured the rights to the 632 km2 Shakal block, with an 18.75% stake in the venture and a 15 % revenue interest.
'US after infinite lease of oil-rich Iraq'
14.05.08. press tv. ir. Brigadier General Seyyed Masoud Jazayeri, the Deputy Head of Iran's Armed Forces Headquarters, said Tuesday that Bush administration is striving to establish a permanent US presence in Iraq in a move to plunder the country's massive oil resources.
Shell blasted on Iraq oil
05.08. G. Muttitt, Paul Collins, war on want. 'Plans risk more conflict'. British oil giant Shell threatens to trigger greater conflict in Iraq with plans to control the development, production and depletion of Iraq's oil reserves, campaigners warn today. / This warning, from the coalition Hands Off Iraqi Oil, comes as Shell holds its annual meeting amid growing resistance to the company’s bid to assume control over oil reserves. /The warning follows news that Shell plans to pay £3 million to directors to stay on the board for three years and the firm’s record £3.9bn earnings for the last quarter against the background of higher energy prices for pensioners, motorists and industry.
Bush's Middle East policy in tatters
21.05.08. M K Bhadrakumar, Asia Times. It would have been unthinkable five or six years ago that a visiting US president would receive such an open rebuff in the Middle East. Last weekend's exchanges revealed the extent of decline in the US's dominance of the Middle East through the present Bush administration. No doubt, oil lies at the very center of the decline of the American dominion. The cascading rise in oil prices has led to a massive transfer of resources to the energy exporting countries. Iran is one principal beneficiary.
Bush in no position to hector oil sheiks
20.05.08. Kansas.com. George Bush's five-day lecture tour of the Mideast is, blessedly, over. With time so short in his presidency, we can hope that his unfortunate compulsion to tell other countries what they "must" do has been sated. / His 11th-hour effort to create some sort of Mideast peace legacy after 1 ½ terms of willfully ignoring that challenge has failed. Once he blew up Iraq, he never had a chance at success. But before that tragic error, he could not have been effective in making settlement progress even if he had tried, because of his unwillingness to lean hard on Israel and because the Arabs have us, literally, over a barrel. / Now, post-Iraq, the United States is no longer feared or respected in that part of the world, and effective diplomacy must be built on at least one of those pillars, preferably both. Without them, using "must" over and over again merely invites the sarcastic response of"...or what?"
America must face the harsh realities over oil
20.0-5.08. timesonline. Ever willing to be seen to please their American friends, the helpful chaps at the House of Saud duly agreed to ramp up output by a few hundred thousand barrels a day. This, of course, is a drop in the tanker of Saudi, let alone global energy production, and to nobody's great surprise it had no effect whatsoever. The price of crude crept above $127 per barrel in London trading yesterday. / In economic terms, there's a not very polite term for what the President was doing which describes the futility and discomfort of performing a certain bodily function into a countervailing breeze. ... / The President and most of his dwindling band of Republican brothers (though not, it should be said, the party's presidential candidate John McCain) pursue a similarly silly tack. / They'd have us believe that if only the United States would open up the Arctic to more oil exploration, prices would drop like a stone. In an election, this is all very well. But time is getting on and it is becoming ever more urgent that whoever wins in November drops the populist rhetoric and gets to grips with a couple of basic realities.
We Are Making Progress in Iraq
20.05.08. N. Barzineil Wall St. Journal. While the media offers mostly images of violence, and many Americans have grown weary of the war in Iraq, I bring hopeful [sic] news to Washington this week as I meet with the administration and members of Congress. / We are working with Prime Minister Nouri al-Maliki and the Iraqi [sic] leadership in Baghdad on the difficult issues facing our country. Our relationship with Iraq's federal government has never [sic] been better. And progress [sic] is being made on an oil law, the status of disputed territories, the proper role for Iraq's neighbors to play, and on relations between the Kurdistan Regional Government (KRG) and Turkey. / First, the oil law. We will now start negotiations using a draft drawn up [by US] in February of 2007. We'll also establish a process to send the national oil law, the revenue sharing law, and the laws concerning the Iraqi National Oil Company and the Oil Ministry in Baghdad to parliament as one package – to be voted up or down. / New oil contracts will be approved based on agreed-upon guidelines. The oil exploration contracts the KRG has already signed won't present a problem, because they were negotiated based on the highest standards [sic] of transparency. etc.
Iraq to sign deals with foreign oil firms this month.
08.06.08. economic times. The agreements cover Kirkuk field (Shell), Rumaila (BP), Al-Zubair (ExxonMobil), West Qurna Phase I (Chevron and Total), Missan province development (Shell and BHP Billiton) and the Subba and Luhais fields (Anadarko, Vitol and the UAE's Dome), MEES said.
Deals with Iraq are set to bring oil giants back
19.06.08. IHT / legitgov. Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power. Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq's Oil Ministry for no-bid contracts to service Iraq's largest fields, according to ministry officials, oil company officials and an American diplomat. The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations... There was suspicion among many in the Arab world and among parts of the American public that the United States had gone to war in Iraq precisely to secure the oil wealth these contracts seek to extract. It is not clear what role the United States played in awarding the contracts; there are still American advisers to Iraq's Oil Ministry.Sensitive to the appearance that they were profiting from the war and already under pressure because of record high oil prices, senior officials of two of the companies, speaking only on the condition that they not be identified, said they were helping Iraq rebuild its decrepit oil industry.
Big Oil Returns to Iraq
21.06.08. Patrick Cockburn, The Independent /Alternet. The return of the four major Western oil companies will be greeted with dismay by many Iraqis who fear losing control of their vast oil reserves. / Nearly four decades after the four biggest Western oil companies were expelled from Iraq by Saddam Hussein, they are negotiating their return. By the end of the month, Royal Dutch Shell, BP, Exxon Mobil and Total will sign agreements with the Baghdad government, Iraq's first with big Western oil firms since the U.S.-led invasion in 2003.
35 foreign firms win deals to develop Iraq’s oil riches
23.06.08. Ahmad Kadhem, Azzaman/uruk. Many Iraqis are skeptical about Exxon Mobil, Shell, Total and BP – original partners in the nationalized Iraq Petroleum Company or the IPC – as well as the U.S. Chevron. These firms, the ministry says, are to help Iraq add 500,000 more barrels a day to its nearly 2.5 million barrels currently. / The deals with these companies have already fanned mistrust and resentment among Iraqis who have always looked at their oil riches within a nationalist framework. / Jihad did not say whether the choice was competitive in nature and declined reassuring that any other deals would follow normal business practices, raising fears of backdoor deals.
It Was Oil, All Along
28.06.08. Bill Moyers, truthout. Oh, no, they told us, Iraq isn't a war about oil. That's cynical and simplistic, they said. It's about terror and al-Qaeda and toppling a dictator and spreading democracy and protecting ourselves from weapons of mass destruction. But one by one, these concocted rationales went up in smoke, fire and ashes. And now the bottom line turns out to be ... the bottom line. It is about oil.
US Advised Iraqi Ministry on Oil Deals
30.06.08. Andrew E. Kramer, NYTimes: "A group of American advisers led by a small State Department team played an integral part in drawing up contracts between the Iraqi government and five major Western oil companies to develop some of the largest fields in Iraq, American officials say. The disclosure, coming on the eve of the contracts' announcement, is the first confirmation of direct involvement by the Bush administration in deals to open Iraq's oil to commercial development and is likely to stoke criticism."
Iraq fails to sign contracts with global oil majors
30.06.08. France 24/ICH. Iraq said on Monday it has failed to sign technical support agreements with global oil majors which were aimed at helping boost the war-torn country's oil production.
Iraqi oil contracts: the spoils of war?
30.06.08. M. Weaver, Guardian/ICH. If Iraq's oil belongs to the Iraqis, why are western companies being awarded contracts?
Iraqi Oil Ministry Woos Western Petro-Giants
01.07.08. Spencer Ackerman, Firedoglake/alternet. With end of the Bush administration in sight, Iraq courts big oil directly.
Cheer on oil front as Iraq opens bid for eight big fields
02.07.08. nz herald / legitgov. Iraq opened international bidding for eight enormous oil and gas fields yesterday, paving the way for major investments in a nation with one of the world's largest petroleum reserves.
Committee Questions State Department Role in Iraq Oil Deal
James Glanz and Richard A. Oppel Jr., NY Times/Truth out. "Bush administration officials knew that a Texas oil company with close ties to President Bush was planning to sign an oil deal with the regional Kurdistan government that ran counter to American policy and undercut Iraq’s central government, a Congressional committee has concluded. The conclusions were based on e-mail messages and other documents that the committee released Wednesday."
Eager to Tap Iraq's Oil, Industry Execs Suggested Military Intervention
02.07.08. Jason Leopold, The Public Record/uruknet.
Two years before the invasion of Iraq, oil executives and foreign policy advisers told the Bush administration that the United States would remain "a prisoner of its energy dilemma" as long as Saddam Hussein was in power. That April 2001 report, "Strategic Policy Challenges for the 21st Century," was prepared by the James A. Baker Institute for Public Policy and the U.S. Council on Foreign Relations at the req! uest of Vice President Dick Cheney...
Legislators speak of secret oil and gas agreement with Kurds
02.07.08. Azzaman/uruknet. The central government and the Kurdish authorities have signed a secret deal under which the Kurds are to extend their political autonomy over their oil riches, a senior member of parliament said. Jaber Khaleefa of the parliament’s Oil and Gas Committee said the secret deal has allowed both sides to proceed ahead with contracts with foreign firms despite the lack of constitutional backing...
Oil majors to lead another Iraq invasion
02.07.08. ABCNews/uruknet. Five years after the US-led coalition stormed into Iraq there is set to be another western invasion. This time it is the world's biggest oil companies leading the charge, 36 years after Saddam Hussein kicked them out. The oil giants are seeking access to Iraq's rich crude reserves, Australian companies BHP Billiton and Woodside are among them...
Chinese and Japanese Best-Placed for Oil Contracts in Iraq
02.07.08. le temps / truthout. The Iraqi government has still not concluded a single contract. / Monday, the Iraqi oil minister officially invited 35 oil companies to make their offers for development of the oil fields of the country that holds the third-largest proven reserves in the world, estimated at 117 billion barrels. According to intelligence gathered by Le Temps, Shell will obtain the Kirkuk field in the north and the Buzurgan field in Missan Province. BP is likely to be assigned the Rumaila field. On Tuesday, at the Global Oil Congress in Madrid, Total's boss, Christophe de Margerie, stated that his company was on the verge of signing contracts. The French major could obtain the Nahr Amer and Majnoon fields. It also counts on developing part of the West Qurna field along with Chevron-Texaco and Lukoil would get another part of that same field. / The Western press talks primarily about Western oil companies, although it's the Chinese and the Japanese that are the best-placed in the race for contracts.
Committee Questions State Dept. Role in Iraq Oil Deal
03.07.08, NY Times. Bush administration officials knew that a Texas oil company with close ties to President [sic] Bush was planning to sign an oil deal with the regional Kurdistan government that ran counter to American policy and undercut Iraq’s central government, a Congressional committee has concluded. The conclusions were based on e-mail messages and other documents that the committee released Wednesday... State Department officials did nothing to discourage the deal and in some cases appeared to welcome it, the documents show. The company, Hunt Oil of Dallas, signed the deal with Kurdistan’s semiautonomous government last September.
Iraq no-bid oil deals could be in doubt -lawmakers
03.07.08. reuters. Iraqi Oil Minister Hussain al-Shahristani has told lawmakers that short-term technical support contracts with oil majors worth around $3 billion may not get signed, two parliamentarians said. / The lawmakers, the two top officials on parliament's oil and gas committee, told Reuters late on Wednesday that Shahristani was unhappy with delays in getting the contracts agreed. One sticking point was payment terms, they said. / The six no-bid contracts are worth about $500 million each and are intended to quickly raise Iraq's oil output by a combined 500,000 barrels per day.
Big Oil's Iraq Deals Are The Greatest Stick-Up In History
04.07.08. NAOMI KLEIN, Guardian / internet press. One week after the no-bid service deals were announced, the world caught its first glimpse of the real prize. After years of backroom arm-twisting, Iraq is officially flinging open six of its major oilfields, accounting for half of its known reserves, to foreign investors. According to Iraq's oil minister, the long-term contracts will be signed within a year. While ostensibly under the control of the Iraq National Oil Company, foreign corporations will keep 75% of the value of the contracts, leaving just 25% for their Iraqi partners. / That kind of ratio is unheard of in oil-rich Arab and Persian states, where achieving majority national control over oil was the defining victory of anti-colonial struggles. According to Greg Muttitt, a London-based oil expert, the assumption up until now was that foreign multinationals would be brought in to develop new fields in Iraq - not to take over those which are already in production and therefore require minimal technical support. "The policy was always to allocate these fields to the Iraq National Oil Company," he told me. "This is a total reversal of that policy, giving the Iraq National Oil Company a mere 25% instead of the planned 100%." ... And that's where the new contracts come in: they will raise more money, but Iraq has become such a treacherous place that the oil majors must be induced to take the risk of investing. Thus the invasion of Iraq neatly creates the argument for its subsequent pillage.
The Iraqi Oil Ministry's New Fave Five: All the Oil News That's Fit to Print (Attn: The New York Times)
07.07.08. Nick Turse, TomDispatch / truthout. Finally, after a long five years-plus, there was proof that the occupation of Iraq really did have something or other to do with oil. Quoting unnamed Iraqi Oil Ministry bureaucrats, oil company officials, and an anonymous American diplomat, Andrew Kramer of the Times wrote: "Exxon Mobil, Shell, Total and BP ... along with Chevron and a number of smaller oil companies, are in talks with Iraq's Oil Ministry for no-bid contracts to service Iraq's largest fields." ... / According to recent reports, the proposed Iraqi service contracts, which may be paid off in cash or crude oil, will be worth $500 million each. That is roughly what the Pentagon paid out on June 18 alone - the day before the Times broke its story about Big Oil's return to Iraq - for natural gas and aviation fuel. Over half the total amount, in excess of $268 million, was handed over to one of the oil giants set to benefit from the Iraq deal: BP (formerly British Petroleum). Only days earlier, two of the other majors from the coterie of potential no-bid contractors, ExxonMobil and Chevron, nabbed contracts from the DoD - in ExxonMobil's case, a $73 million deal for gasoline and fuel oil; in Chevron's, a $16 million contract for aviation fuel.
It's the Oil, stupid!
08.07.08. Noam Chomsky, Khaleej Times / ICH. The deal just taking shape between Iraq's Oil Ministry and four Western oil companies raises critical questions about the nature of the US invasion and occupation of Iraq — questions that should certainly be addressed by presidential candidates and seriously discussed in the United States, and of course in occupied Iraq, where it appears that the population has little if any role in determining the future of their country.
Iraq's oil wealth on the block
09.07.08. Greg Muttitt, niqash/legitgov. Last week saw the biggest step so far towards transferring Iraqi oil into the hands of foreign multinational companies, sparking renewed accusations that the US-UK war on Iraq was really motivated by an oil grab. The Oil Ministry announced on 30 June that foreign oil companies would be invited to bid for contrcts to develop six of Iraq’s largest oilfields, which together contain around half of the country’s known oil reserves. [The move] would give away more to foreign companies than had been planned at any point since the Constitution was written in 2005, and possibly more than any major oil producer has given since the colonial era. The contracts were (with one exception) for the second stage of development of the oilfields, to come after the one- or two-year no-bid contracts that the Ministry has been privately negotiating with Shell, BP, ExxonMobil, Chevron, Total and four smaller companies.
Reality Bites Back: Why the US Won't Attack Iran
09.07.08. Tom Englehardt, Tom Dispatch / truthout. It's been on the minds of antiwar activists and war critics since 2003. And little wonder. If you don't remember the pre-invasion of Iraq neocon quip, "Everyone wants to go to Baghdad. Real men want to go to Tehran..." -- then take notice. Even before American troops entered Iraq, knocking off Iran was already "Regime Change: The Sequel." It was always on the Bush agenda and, for a faction of the administration led by Vice President Cheney, it evidently still is.
Time for Iraq War Oil Profits Taxes
10.07.08. Nick Mottern, Truthout,
Part 1. "The reality of US troops killing and dying for Iraq oil hit US public consciousness hard on June 19, 2008, when it was announced that the occupied government of Iraq intended to award no-bid oil service contracts to ExxonMobil, Shell, BP, Chevron and Total."
11.07.08. Based on an analysis of economist Dean Baker, co-founder of the Center for Economic and Policy Research, we estimate about 25 percent of oil company profits since the 2003 invasion of Iraq can be traced to the war's impact on world oil prices. On this basis, the excess war profit for ExxonMobil alone, between 2003 and 2008, would amount to about $40 billion.
Naomi Klein: Bush Sees Crises in Fuel, Food, Housing and Banking as Chance to Exploit Us More
16.07.08. Democracy Now!/alternet. People are desperate for solutions but instead they're handed policies that don't solve the crises, and are highly profitable for corporations.
AP IMPACT: Big Oil profits steered to investor
21.07.08. AP. As giant oil companies like Exxon Mobil and ConocoPhillips get set to report what will probably be another round of eye-popping quarterly profits, just where is all that money going? The five biggest international oil companies plowed about 55 percent of the cash they made from their businesses into stock buybacks and dividends last year, up from 30 percent in 2000 and just 1 percent in 1993, according to Rice University's James A. Baker III Institute for Public Policy.
Battle Over Oil-Rich City Threatens to Derail Iraqi Elections
03.08.08. L. Fadel and S. Issa, McClatchy. "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 who occupy the center of the country. Saddam Hussein forced thousands of Kurds out of the city to make way for more Arabs, but since the 2003 U.S.-led invasion of Iraq, the Kurds and their militia, the peshmerga, have driven many Sunni Arabs out of Kirkuk. The parliament's inability to resolve the dispute over the city mirrors Iraqi political leaders' inability to make progress on other fronts, including constitutional amendments and the passage of a law governing the distribution of the country's oil revenues, despite the recent improvements in security."
Perle returns to the scene of the crime
04.08.08. T. Elay, uruk. Richard Perle, the "neocon" defense analyst who played an outspoken role in building the fraudulent case for the invasion of Iraq, is now poised to take a position with a private oil firm working in Iraq and Kazakhstan, according to a Wall Street Journal report. / Documents and informants reveal that Perle has held discussions with members of the Kurdistan regional government about oil drilling contracts in northern Iraq. The Kurdish regional government has been handing out lucrative contracts to international concerns in violation of Iraqi national sovereignty, bypassing the Iraqi central government and not awaiting the Washington-crafted national oil law that is expected to be pushed through in the coming months.
Move Over America!
China begins work on $900 million power plant and agrees to develop oil field in southern Iraq
16.08.08. Salah al-Rubaai, Azzaman/uruknet. The Chinese firm, Shanghai, has started constructing a major thermal power plant in the southern Province of Wasit, the Ministry of electricity said. / Electricity Minister Kareem Waheed attended the laying down of the foundation stone for the plant, the largest ever project a foreign firm begins constructing in Iraq since the 2003 U.S. invasion.
(see Iraq: New U.S. Base - Wasit (11.09.08)
Iraq oil talks break down
17.08.08. Telegraph. Six short-term deals between the Iraqi government and international oil companies are likely to be abandoned after the US embassy said talks had broken down yesterday. / Short-term technical support contracts between the Iraqi government and the multinational companies, each worth around $500m (£268), were due to have been signed earlier this year but stalled due to disagreements over terms, a senior diplomat said.
Halliburton's secret deal for Iraq's Oil
18.08.08. Jason Leopold, webdiary. Four months before the United States invaded Iraq, the Department of Defense was secretly working with Vice Pesident Dick Cheney's old company, Halliburton Corp. on a secret deal that would give the world's second largest oil services company total control over Iraq's oil fields, according to interviews with Halliburton's most senior executives.
Iraq to import fuel from Iran
19.08.08. Mohammed Dhaher, Azzaman/uruknet. Iran has agreed to ferry 1 million liters of fuel to Iraq to meet domestic needs for its rickety power plants, Iraqi ambassador to Tehran said.
China, Iraq reach three-billion-dollar oil deal: Iraqi embassy
28.08.08. AFP. The agreement revives a 1997 contract that granted China exploration rights to the Al-Ahdab oil field in the province of Wassit, just south of Baghdad.
US-Iraqi Agreement: Leaked: Full Text
01.09.08. Raed Jarrar. ICH. This leaked draft is a treasure of information. It's the first time any document related to this topic is made public. It shows how weak the Iraqi negotiations team is (it is really pathetic to read their "suggestions" on how to fix the disaster of an agreement).
Jordan imports Iraqi oil at preferential prices
Iraqi Cabinet clears oil deal with China
Oil politics backfire on the US
06.09.08. greens.org. Realistically, as peak oil continues to show its effects, no country is going to be able to peacably ‘control’ oil supply in the way that the US must have envisioned when it set out on this ‘mission’. Countries that find ways to limit their oil consumption are not only responding sensibly to climate change and peak oil, but vastly improving their international security and safety.
Shell, Iraq in Gas Agreement Worth Up to $4 Billion, FT Reports
09.09.08. Tom Biesheuvel, bloomberg. Royal Dutch Shell Plc may become the first Western oil company to sign a deal with the Iraqi government since the 2003 U.S.-led invasion, with an agreement to capture and use natural gas in the area of Basra, the Financial Times said, citing oil ministry spokesman Assem Jihad. / Shell officials have been invited to Baghdad next month to sign the deal, which could be worth up to $4 billion and will be run as a joint venture, with Shell taking 49 percent and the oil ministry 51 percent, the newspaper said.
Iraq to wait for formal bidding to award oil contracts
09.09.08. Houston Chronicle. Iraq won't award temporary oilfield services contracts to international companies before a bidding round aimed at bringing in foreign expertise to boost crude production, Oil Minister Hussain al-Shahristani said
The Draft Iraqi Oil Law: Making a Mockery of Sovereignty
09.09.08. JURIST/uruknet. President Bush says the Iraq war is not about oil but his actions belie that claim. In the months before the March 2003 invasion, members of the U.S. State Department "Oil and Energy Working Group" met to plan how to open Iraq to international oil companies. The oil law now proposed by the Iraqi Council of Ministers is a virtual photocopy of a plan first drafted by U.S. oil industry executives and consultants in Houston long before Iraq was "liberated."
Iraq Cancels Six No-Bid Oil Contracts
10.09.08. Andrew E. Kramer and Campbell Robertson, NY Times/truthout. "An Iraqi plan to award six no-bid contracts to Western oil AP
Iraq ends talks with French oil company
11.09.08. AP. France's Total says the Iraqi Oil Ministry has discontinued negotiations to develop an oil field in southern Iraq.
Mission accomplished! Shell back in Iraq after 35-year absence
09.09.08. chroncom /legitgov. Royal Dutch Shell Plc, Europe's largest oil company, is set to start operations in Iraq after a 35-year absence when it signs an agreement with the Iraqi Oil Ministry to capture gas outside the southern city of Basra.
Oil giants flock to Iraqi auction
13.09.08. business times on line. THE world’s largest oil companies will converge on London next month [October 13] for a chance to re-enter Iraq for the first time in more than three decades. / In all, 34 oil companies, including BP, Royal Dutch Shell, BG, Exxonmobil, Gazprom and Sinopec, are expected to attend a roadshow held by Iraq’s oil minister Hussein al-Shahristani when he officially kicks off the bidding for so-called technical-service agreements. / These will govern exploitation of eight of the country’s largest fields.
Total Warns Iraq Against Shunning Oil Groups
14.09.08. khaleej times. Iraq risks reverting to protectionism over its oil industry, slowing growth in production, Total SA Chief Executive Officer Christophe de Margerie said on Saturday. / “Like in the old days, some people are starting to think that they can get rid of international oil and gas companies,” de Margerie said in a speech at a meeting in Geneva of the London- based International Institute for Strategic Studies. / “I hope that they understand that we don’t want to invade, that the time of nations invading is over [sic.”