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Iraq's government approved a major oil deal with a consortium grouping U.S. and European oil giants ExxonMobil and Royal Dutch Shell to develop a prized oil field in the country's south, the prime minister said Tuesday.
(RTTNews) - Boosting Iraq's efforts to exploit its vast oil riches, a consortium led by US oil giant Exxon Mobil Corp. (XOM) has won initial rights to develop an extensive oilfield in southern Iraq having reserves of 8.7 billion barrels.
Baghdad - A consortium of oil companies led by Exxon Mobil on Thursday signed a contract to develop one of Iraq's largest oil fields, a spokesman for the Oil Ministry said. The consortium, which also includes Royal Dutch Shell, agreed to boost produc...
Baghdad - Iraqi parliamentary elections now scheduled for January 16 will likely be delayed, an Iraqi lawmaker said on Thursday, as wrangling over the disputed region of Kirkuk continued. The case of Kirkuk is still the biggest obstacle on the elect...
Iraqi lawmakers have only a day left to agree on a new bill that would enable the country to hold key parliament elections in January, according to remarks Wednesday by the country's election commission chairman.
Investors could shy away from a December auction for the East Baghdad oil field that lies under the streets of Baghdad on security concerns, analysts say.
BAGHDAD -- An impasse over a law crucial to organizing next year's Iraqi elections is illustrating more starkly than ever the United States' dwindling ability to shape Iraqi politics and settle disputes.
A 20-year-old woman from Iraq whose father allegedly hit her with his car because she had become too Westernized has died from her injuries, authorities said.
Police say the 20-year-old man spent several hours Monday lecturing students about his adventures fighting for the U.S.
As unrest continues in Baghdad, one reporter looks closer at a city slowly rebuilding for the day when tourism returns to Iraq's capital.
British oil major BP took control of the Rumaila oil field in Iraq to the ire of Iraqi lawmakers who complain the deal is in violation of national law.
Baghdad - US soldiers operating with Iraqi counterparts near the Iraqi-Syrian border on Wednesday shot and killed an Iraqi man in a raid on a building, Iraqi police and the US military said. The incident took place as US and Iraqi forces searched a b...
BAGHDAD, Nov. 3 (UPI) -- Iraqi forces arrested close to a dozen insurgents linked to an al-Qaida-backed network specializing in improvised explosive devices, the U.S. military said.
In recent months, the term "standing up" has been used often. How the military is trying to "stand up" the Iraqi armed forces. It means, simply, making the Iraqi military strong enough to defend itself. That is working well, from all reports, and Minnesota's 34th Infantry Division is doing a lot of that training. But part of its mission is to "stand up" Iraq's economic future. And the future of ...
In a recent show about the promise of new investment opportunities in Iraq, Mad Money host Jim Cramer discussed the most promising avenues to invest in the reemerging nation. He strongly recommended investing in the currency of the county, the Iraqi Dinar, as a prudent play in this growing market. Other monetary notes have experienced significant growth in years following conflict, such as the ...
Baghdad - Iraqi lawmakers on Wednesday again failed to reach a compromise on the thorny issue of voting in the disputed city of Kirkuk, again postponing discussion of the issue. Many Iraqi Kurds hope to make Kirkuk, and its nearby oil fields, the cap...
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