Iraq Oil Deal Gets Everybody's Attention
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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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The US oil giant got a good price, Russia&#39;s No. 1 oil company acquired a savvy partner, and Putin polished Russia&#39;s image.
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Oil prices rose on Friday as a sabotage attack on Iraqi oil infrastructure reignited concern about the reliability of crude exports from the country despite a peace deal to end an uprising in Najaf.
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An agreement to end two decades of civil war in Sudan not only brings the opportunity for millions of people to return home and begin new lives, it also gives investors an opening in a needy country with large oil reserves.
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Shia, Sunni and Kurdish leaders sign a deal aimed at curbing sectarian violence, Iraq's prime minister says.
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U.S. oil companies received lucrative vouchers that enabled them to buy Iraqi oil under the U.N. oil-for-food program.
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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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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 Anglo-Dutch oil firm sets out to woo investors by explaining how it will boost its oil reserves.
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OPEC producers can agree on one thing: High crude oil prices are not their fault. But on Tuesday there were indications that leading members of the oil cartel were looking
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The conference promoted the legitimacy of Iraq's government and got Iran and US talking.
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Western private contractors working in  Iraq say they are determined to see their work through.
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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's industry minister said on Sunday.
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The agreement is a critical step in rebuilding Iraq's devastated economy and an important precedent for other creditors.
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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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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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With the world so focused on the rising price of a barrel of light crude oil, it&#39;s a wonder that people even get into their cars and drive around anymore.