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Archive for June 2009

Our guys are killed, Iraq’s oil goes to China, Britain

This news today from Wall Street Journal: BAGHDAD (Dow Jones)–A consortium of BP PLC (BP.LN) and China’s CNPC Tuesday won the contract for Rumaila oil field – the largest oil field in Iraq and one of the largest in the world, the Iraqi Oil Minister Hussain al-Shahristani said. The consortium had been seeking $3.99 remuneration for each extra barrel of oil produced but after last-minute negotiations Tuesday morning accepted the […]

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