Archive for the ‘2005’ Category
14 April 2005
The pending appointment of a new government in Iraq — the third since September 2003 — appears unlikely to open the doors to large investments by international oil companies, although the drawing up of a constitution later this year may take them one step closer.
But that’s not deterring firms from getting a foot in the door, with some 29 companies signing memorandums of understanding (MOU) with the Iraqi oil ministry to date, offering services from abroad for free, Iraqi sources say.
“From the companies’ point of …
29 April 2005
Three months after Iraqis voted in national elections, the first Shiite-led government in Iraq’s modern history has won the support of the elected National Assembly. However, protracted negotiations among political factions and differences within the biggest Shiite bloc mean that the positions of two deputy premiers and five ministers, including the oil portfolio, have yet to be filled.
In a sign of the difficult horse-trading since the Jan. 30 elections, the head of the Iraqi National Congress, Ahmad Chalabi, has been appointed acting oil minister, in addition …
6 May 2005
Former Iraqi oil minister Ibrahim Bahr al-Uloum is set to make a comeback as the next oil minister, barring any last-minute hitches, after beating Ahmad Chalabi, the deputy prime minister and acting oil minister, as the candidate backed by a Shiite party.
The Shiite Al-Fadhila Party, considered close to radical cleric Moqtada al-Sadr, was allocated the oil job in the ethnic carve-up of portfolios in Iraq’s new Cabinet, which was sworn in this week.
“Ibrahim Bahr al-Uloum is the next oil minister. It has been decided and …