Iraq's Cabinet Backs Contentious Oil Measure
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BAGHDAD, Feb. 26 -- Iraq's cabinet approved draft legislation Monday that would enable the government to manage the country's vast oil resources and distribute revenue throughout the country, a step toward meeting a U.S. demand that the country's parliament pass such a law.
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The status of Iraq&#39;s crucial oil exports was mired in confusion Tuesday, with government and industry officials giving contradictory statements
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Iraq&#39;s US-backed government is beefing up road security to protect fuel trucks heading to Baghdad after attacks by insurgents crippled the capital&#39;s oil supplies, the oil minister said on Saturday.
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Iraq's cabinet approved changes to a draft hydrocarbon law on Tuesday and sent it to parliament for immediate debate, taking a big step towards meeting a key political target set by the United States.
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BAGHDAD -- Legislation to manage Iraq's oil industry won Cabinet approval yesterday and could go before parliament for ratification within days, but political wrangling raised the possibility of delays in passing the long-stalled measure.
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Iraqi officials said Friday that a U.S.-backed draft oil law will soon be returned to the Cabinet for approval after Kurds agreed to a compromise revenue-sharing measure. But they said many key sticking points remain unresolved &#151; and not even addressed &#151; in the watered-down legislation.
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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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Iraq's parliament may take a week to start debating a landmark draft oil law, officials said on Wednesday, as complaints from Kurdish authorities and Sunni Arab politicians signaled its passage could be rocky.
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Â· Shia, Sunni and Kurdish parties achieve consensusÂ· Deal may not be enough to end boycott of cabinet
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Iraq's oil ministry has awarded the  country's first post-war oilfield development contracts to  Turkish and Canadian firms, an oil official said on Thursday.
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Iraq's Cabinet on Wednesday approved the draft of a general amnesty bill for detainees being held in Iraqi prisons, a measure which could go a long way toward reconciling Iraq's warring sects and factions.
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The oil deal signed between Hunt Oil and the government in Iraq's Kurdish region earlier this month has raised eyebrows, in no small part because it appears to undercut President Bush's hope that Iraq could draft national legislation to share revenue from the country's vast oil reserves. Making the...
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Prime Minister Nuri al-Maliki on Sunday responded to critics in the U.S. Congress, saying his government had kept Iraq from plunging into sectarian civil war.
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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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TOKYO The cabinet of Prime Minister Junichiro Koizumi decided Thursday to extend the mission of Japanese troops in Iraq despite the growing opposition of voters, political opponents and members of his own party.
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BAGHDAD -- Political infighting blocked lawmakers from opening debate yesterday on legislation to oversee the oil industry, as Iraqi and US leaders called for reconciliation among Iraq's feuding factions.
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The Iraqi Cabinet approved a long-awaited draft oil law on Monday, sending it to parliament for consideration, the prime minister said, calling the agreement "another founding stone in state-building."