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"We have held talks with (the Chinese) for a year, and the terms of the deal were changed to a service contract. The Chinese have agreed on that, with a value of $1.2 billion,"
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Iraq will sign a $1.2 billion oil service contract with China to replace a production-sharing deal agreed under Saddam Hussein, an Iraqi newspaper quoted oil minister Hussain al-Shahristani as saying on Tuesday.
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A Russian military convoy advanced to a village 45 km (30 miles) from Tbilisi on Friday, in the deepest incursion since conflict with Georgia erupted last week.
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A U.S. Coast Guard cutter will embark on an Arctic voyage this week to determine the extent of the continental shelf north of Alaska and map the ocean floor, data that could be used for oil and natural gas
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Bush warned Russia in his strongest comments since the fighting erupted over Georgia's separatist South Ossetia region last week to "reverse the course it appears to be on" and abandon any attempt it may have to topple Georgia's pro-western government.
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Today the Iraqi oil ministry celebrates a return to work by Iraqi oil exploration teams after 20 years of interruption," ministry spokesman Assim Jihad told
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Bad news from the Baku-Tbilisi-Ceyhan pipeline - an installation that may not normally draw much of your attention, but which is a throbbing artery of global energy supply, carrying vital oil supplies from Central Asia towards a tanker terminal on the Turkish coast.
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Oil from Caspian comes through Georgia to Europe.
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It appears that more European countries are beginning to see a huge threat from Al Qaeda and are now on board with America to defeat the threat.
in list: IRAQ Improvements
more fromwww.guardian.co.uk
Is this a sign that Al Qaeda in Iraq (AQI) is on the wane? Yes, according to both U.S. and Iraqi sources, who base at least some of their information on intel gleaned from captured insurgents. Sources in Iraq have told NEWSWEEK that AQI is hitting a cash crunch and is increasingly turning to crime to help finance its deadly operations.
in list: IRAQ Improvements
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The head of French energy giant Total has said it will not invest in Iran because it is too politically risky.
in list: Iran
more fromnews.bbc.co.uk
That sympathizers of Osama bin Laden sink three oil tankers in the Strait of Hormuz and choke off the narrow, bow-shaped channel that funnels 14 million barrels a day from the Persian Gulf to the rest of the world.
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More noise from Iran
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"Regarding the main route for exiting energy, Iran will definitely act to impose control on the Persian Gulf and Strait of Hormuz," Jafari said of the Gulf waterway through which about two-fifths of all globally traded oil passes.
in list: Iran
more fromwww.reuters.com
MCCAIN: THE LEXINGTON PROJECT program is AT LAST the knife that will help destroy the OIL criminals who cannot practive FREE MARKET principles. Eat sand ...mid-east market maniupulators.
in list: Energy Resources
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BAGHDAD (AFP) - Iraq will award contracts to 41 foreign oil firms in a bid to boost production that could give multinationals a potentially lucrative foothold in huge but underdeveloped oil fields, an official said on Sunday.
in list: IRAQ Improvements
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McCain called Wednesday for the construction of 45 new nuclear reactors by 2030
in list: America's Government Data
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This Iranian whacko needs to be removed by the Iranian people before this whacko begins a word war.
in list: Iran
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There are many of America's budget items here on this page.
in list: America Economy; Taxes, Federal Reserve, Currency, Financial
more fromzfacts.com
More oil reserves found in Iraq
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