State IG to look at U.S. role in Iraq oil deals

govexec.com     Jul 24, 2008            

By Dan Friedman CongressDaily July 24, 2008 Responding to a request by four Senate Democrats, the State Department's inspector general has announced an inquiry into the department's policy on western oil company contracts in Iraq. "I have initiated a review of the responses provided to Congress recently on issues surrounding oil contracts, oil field development and U.S. policy in Iraq," Acting State Department Inspector General Harold Geisel wrote in a June 22 letter obtained by CongressDaily. The letter to Senate Armed Services Committee Chairman Carl Levin, D-Mich., and Sens. Charles Schumer, D-N.Y., John Kerry, D-Mass., and Claire McCaskill, D-Mo., refers to material State gave the House Oversight and Government Reform Committee for its investigation into a deal involving Texas-based Hunt Oil Co., as well as other... [read full story]                    

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Oil industry guarded about Iraq's offer of service contracts

signonsandiego.com     Jul 22, 2008          

LONDON – The oil industry is cautious about Iraq's decision to offer foreign companies long-term contracts to develop its largest producing fields, with any windfalls seen as distant and likely to go to a select few companies.                    

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Measure Iraq oil bids in lives of American troops

montgomeryadvertiser.com     Jul 22, 2008          

I read recently where Iraq is ready to accept bids on oil field contracts. These are to come from the world's major oil companies. I am not an oil company, but on behalf of more than 4,000 American families I would like to bid...                    

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