Commerce Seeks Adviser for Iraq Oil Interests
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The United States is getting ready now for the Iraqi government to get its house in order and pass a detailed law that will govern the future handling of its vast oil fields, which contain the world's third-largest proven petroleum reserves.
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The Anglo-Dutch oil firm sets out to woo investors by explaining how it will boost its oil reserves.
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Iraq plans to spend $800m to the end of 2006 on importing oil to prevent a fuel shortage, says the oil ministry.
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Iraq's oil ministry has called for new bids to develop an oil field in the war-torn country, blindsiding the Canadian company that appeared to have won the contract, a top executive with the firm said on Friday.
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The companies are rumored to be in talks to upgrade an Iraqi petrochemical plant.
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Wall Street will turn its attention  toward Iraq over the weekend, watching for any major  disruptions during Sunday's election there and whether it will  affect the country's oil output.
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UNITED NATIONS, Oct. 22 -- A U.N.-appointed investigator probing corruption in the world body's oil-for-food program in Iraq published today a list of all 4,734 companies that traded with Saddam Hussein's government through the arrangement. The 300-page list provides the most comprehensive public account to date of Iraq's business dealings under the former program, under which Iraq was allowed to sell oil to purchase humanitarian supplies.
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Iraq is considering building a $2 billion  petrochemical plant and could begin talks with potential  international investors in the project this year, the country&#39;s  industry minister said on Sunday.
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Oscar S. Wyatt, a Texas entrepreneur and oilman, traveled to Baghdad as the United States was preparing for war, to meet with officials in Saddam Hussein's government.
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Iraq's government submits a key bill on how to share the country's oil wealth to parliament, officials say.
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The world&#39;s oil supply has never seemed so precarious. The war in Iraq has cast a shadow over that country&#39;s ability to export crude.
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Almost until the eve of the invasion of Iraq in March 2003, U.S. oil companies, including ExxonMobil and ChevronTexaco, were among the largest purchasers of Iraqi crude oil.
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The British and Iraqi prime ministers have appealed for international support to tackle the insurgency in Iraq. Speaking after talks in London, Tony Blair warned that the conflict now taking place in Iraq would determine the future of global terrorism.
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BAGHDAD, July 3 -- Iraq's cabinet has again approved draft legislation establishing a framework to manage the country's vast oil resources, Prime Minister Nouri al-Maliki said Tuesday, but has not yet acted on a potentially more contentious companion law that would govern the distribution of oil...
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The U.S. envoy to Iraq wants to  shift $3.3 billion set aside for Iraqi water, sewer, power and  other reconstruction projects to improve security, boost oil  output and create jobs, a U.S. official said on Monday.
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BAGHDAD, Iraq - Oil exports from southern Iraq have been brought to a complete halt, a senior oil official said Monday, following a spate of pipeline attacks launched by insurgents trying to undermine the volatile nation's interim government.    In Baghdad, military officials and representatives of rebel Shiite cleric Muqtada al-Sadr held talks Sunday aimed at reducing violence in the restive Baghdad slum of Sadr City...
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Deep fears about the war in Iraq and growing tension between the United States and Iran are driving the wealthy oil states of the Persian Gulf to go on shopping sprees for helicopters, ships and tanks, officials say.