Iraq Cabinet Approves Oil Law Draft
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Prime Minister Nouri al-Maliki's Cabinet approved a draft oil law and the Iraqi parliament was to begin debate on the measure Wednesday, a major sign of progress in a long-delayed political benchmark sought by the U.S. to boost reconciliation between Iraq's Sunnis and Shiites.
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The Iraqi cabinet approves a draft law allowing Iraq's oil revenues to be split between ethnic groups.
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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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Japan's Cabinet on Thursday approved a plan to keep Japanese troops in Iraq for another year, the trade minister said.
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Iraq's parliament agreed on Thursday to   begin looking at a potentially divisive draft law on federalism   that minority Sunnis fear could break up the country and leave   them with little access to its oil wealth.
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Arab foreign ministers meeting in Cairo have approved a controversial draft resolution that calls on Arab states to restore full diplomatic relations with Iraq&#39;s under its current interim government.
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An oil law crucial to resolving political divisions in Iraq edged closer to approval after Kurds said some key issues were resolved, officials said on Sunday.
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Among the political benchmarks the Bush administration has embraced to chart progress in Iraq, approval by the Iraqi parliament of a hydrocarbon law looms large. Oil provides 95 percent of Iraq's national income, making the recovery of the country's oil sector critical to reducing the United States'...
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The Iraqi cabinet on Wednesday approved a draft law that will offer a general pardon to thousands of prisoners in U.S. military and Iraqi custody, an Iraqi government spokesman said.
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The interim Iraqi national assembly convened for the first time today as Iraq took a small and tentative step toward representative 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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BAGHDAD -- The Iraqi Cabinet approved a draft law yesterday to manage the country's vast oil industry and distribute its wealth among the population -- a major breakthrough in US efforts to press the country's Shi'ite, Sunni, and Kurdish groups to reach agreements to achieve stability.
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Kurdish authorities have agreed to back a draft law to manage and share Iraq's vast oil wealth, removing the last major obstacle to approving the measure and meeting a key U.S. benchmark in Iraq, a top Kurdish official said Saturday.
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CALGARY, Alberta  - 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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BAGHDAD - A carefully constructed compromise on a draft law governing Iraq's rich oil fields, agreed to in February after months of arduous talks among Iraqi political groups, appears to have collapsed. The apparent breakdown occurs just as Congress and the White House are struggling to find evidence that there is progress toward reconciliation and a functioning government here.
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Iraq's U.S.-backed government confirmed  on Wednesday it has awarded a contract to develop the Khurmala  Dome oilfield to an Iraqi-Turkish company.
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The government officially decided at an extraordinary Cabinet meeting Thursday afternoon to extend by another year its deployment of Self-Defense Forces (SDF) personnel to provide humanitarian assistance to Iraq.