Iraq Oil Field

Iraq began auctioning contracts to develop its rich oil and gas fields Tuesday in an effort to raise more revenue to rebuild the war-torn country. A consortium of foreign companies including British Petroleum and China’s CNPC accepted a contract to expand production in the largest oil field on offer but other companies were asking for [...]

As US troops move out there are growing fears that insurgents in Iraq will attack economic targets such as oil facilities in the southern part of the country.

Iran Iraq debate about border oil field aired on Aljazeera

Iraq drives a hard bargain at its oil and gas field contracts sale.