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Born at the Crest of the Empire

Wednesday, June 18, 2008

Deals With Iraq Are Set to Bring Oil Giants Back

I thought this connected with the picture in the next post,
Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power....

The no-bid contracts are unusual for the industry....


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