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News Source: The independent
| 4 months ago
The auction of Iraqi oil production licences last week was truly historic – not least because it was the first such exercise ever to be broadcast live on TV. More than 30 companies were expected to compete for eight contracts, all in front of the...
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News Source: Kuwait Times
| 4 months ago
The Iraqi government is hoping that a second major auction of oil and gas fields later this year will help revive a struggling oil industry where a first auction this week fell short, a government spokesman said. "We think that the first (bidding)...
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News Source: National Public Radio
| 4 months ago
All Things Considered , July 3, 2009 · Iraq's military pilots once enjoyed elite status in the country's armed forces. Then Saddam Hussein blundered: He flew the entire fleet to Iran for safekeeping during the 1991 Gulf War. Between sanctions, and...
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News Source: Gulfnews.com
| 4 months ago
Iraq closed the oil auction on Tuesday after awarding just one of the eight fee-paying contracts on offer, to a consortium led by British oil major BP. Rumaila oilfield but rejected other bids for deals it had hoped would revive its struggling oil...
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News Source: The Orange County Register
| 4 months ago
Mining company Teck Resources Ltd. says it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load. The Vancouver-based company said Friday that CIC, the world's...
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News Source: Truthout
| 4 months ago
Two years before the invasion of Iraq, reports suggested invading to end Saddam Hussein's control of the oil. (Photo: Getty Images) Two years before the invasion of Iraq, oil executives and foreign policy advisers told the Bush...
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News Source: CNN
| 4 months ago
In 2004, even after being captured by U.S. forces, Saddam Hussein told an FBI interrogator he believed Iran was a greater threat to Iraq than the United States, according to newly released FBI documents. The FBI interviews took place while Hussein,...
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News Source: The Guardian
| 4 months ago
Saddam Hussein remained preoccupied with the threat from neighbouring Iran as the US-led invasion loomed and would have sought a security pact with the US if UN sanctions were lifted, he told an FBI interviewer in his jail cell before his execution.
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News Source: Al Jazeera
| 4 months ago
An Iraqi soldier has been killed and at least eight others injured in a roadside bomb blast in Baghdad - the first such attack in the capital since the US military's withdrawal from urban areas. The bomb targeted an Iraqi army patrol in the Abu...
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News Source: The Courier-Mail
| 4 months ago
On Tuesday 33 people were killed in a car bombing at a popular market and last month 72 people were killed by a suicide bomber in a nearby town. Kirkuk is plagued with tensions among its Kurdish, Turkmen and Arab communities. Many of the Arabs were...