Who says the Iraq war hasn’t been a wonderful success (for imperialism and oil companies)?
Furious protests threaten to undermine the Iraqi Government’s plan to give international oil companies a stake in its giant oilfields in a desperate effort to reverse a steady decline in oil production and revenue.
In less than two weeks, on June 29 and 30, Oil Minister Hussain Shahristani will award service contracts to the world’s largest oil companies to develop six of Iraq’s largest oil-producing fields over 20 to 25 years.