Iraqis Reach an Accord on Oil Revenues
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The move marked a major agreement among the countryâs ethnic and sectarian political blocs on a highly divisive issue.
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Chad resolves a row with two foreign oil companies after they agree to pay millions in overdue taxes.
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The government reached an agreement with a renegade general to end an insurgency that has  threatened to unravel the countryâs new democratically elected government.
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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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PARIS - Major economic powers agreed to write off $31 billion of Iraqi debt yesterday in a major breakthrough for US-led efforts to get Iraq&#39;s economy back on its feet.
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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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Iraq&#39;s top Shiite cleric, Grand Ayatollah Ali al-Sistani, made a dramatic return to Najaf on Thursday and swiftly won agreement from a rebel cleric and the government to end three weeks of fighting between his militia and US-Iraqi forces.
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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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Shell agreed today to finalized settlements with U.S. and UK regulators over its mis-statement of proven oil reserves.
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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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U.S. oil companies and a Texas oil investor received lucrative vouchers that enabled them to buy Iraqi oil under the U.N. oil-for-food program.
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(CBS/AP) Iraq&#39;s interim government and rebel cleric Muqtada al-Sadr have both agreed to a peace deal presented by top Shiite cleric Grand Ayatollah Ali Husseini al-Sistani to end three weeks of fighting in the holy city of Najaf.
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Agreement between Sunnis, Shias and Northern Ireland politicians after four days of talks in Finland.
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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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BAGHDAD, Oct. 18 -- Local Sunni and Shiite leaders from southwestern Baghdad signed an agreement Thursday that is intended to halt sectarian violence and attacks on American and Iraqi troops on the condition that security forces limit their raids and offensive operations.
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Oil prices fell for the fifth day in a row on Thursday after word of a peace deal in the embattled Iraqi city of Najaf raised hopes of more reliable oil shipments from the energy-rich country and encouraged a run of profit-taking by
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Oil prices tumbled below $47 on  Monday after OPEC producers agreed to keep crude output  unchanged for now and Iraq's elections passed without  disruption to oil exports.