29 September 2006 Officials in Baghdad and the northern Kurdish government locked horns this week over the Kurds’ claimed right to award production sharing contracts to foreign oil companies. The spat prompted a Kurdish threat to break away from Iraq, in a development that bodes ill for the country’s future unity. The quarrel centered on whether the Iraqi oil ministry in Baghdad should have a say in how — and…
Author: Ruba Husari
IOF Editor
Iraqi Parliament Sets Ball Rolling for Autonomous South Region
12 October 2006 The Iraqi parliament on Wednesday approved a controversial law which sets out the procedures for the country’s 18 provinces to hold referendums to merge themselves into larger federal regions with a measure of self government. Although the powers of the autonomous regions would include signing their own oil deals with international oil companies, they would have to wait until 2008 when the new law goes into effect….
Iraq Takes Heavy Toll on Oil Workers
6 November 2006 Three-and-a-half years after the toppling of Saddam Hussein’s regime in Iraq, some companies that had high hopes of business opportunities are shutting up shop after suffering heavy losses. US engineering giant Bechtel, which carried out $2.3 billion of work for the US in Iraq since April 2003, said last week that it was leaving the war-torn country after a spate of violence that killed 52 workers. Bechtel…
Make or Break Time
23 June 2006 One month after choosing a cabinet and pledging to transform Iraq into a country ruled by law under a national unity government, Iraqi Prime Minister Nuri al-Maliki finds himself bogged down by the same problems that paralyzed an array of politicians before him. Observers, both in and outside Iraq, look on bewildered as the same sectarian divisions that delayed the government’s formation for six months after the…