Iraq oil contacts go to US, British multinationals

US AND British oil corporations have grabbed prime position in the jockeying to exploit Iraq’s oil resources.

The US puppet government in Iraq is negotiating two-year “no bid” contracts with five of the biggest Western oil corporations—Exxon Mobil, Shell, Total, BP and Chevron.

Australian multinational BHP Billiton is also teaming with Shell for one of the contracts. The contracts are to provide “technical help” in increasing production in six of Iraq’s largest oil fields, according to the oil minister. But they put the winners in front of the almost forty oil companies bidding for long-term contracts over the oil fields, to be decided by late 2009.

ImperialismIssue 5 - Jul

Follow us

New pamphlet: How workers rose up to defend the Whitlam government in 1975

Order here

Magazine

Solidarity meetings

Latest articles

Read more

‘No King, No leader, No Trump’—Iran rises up in revolt

Iran’s Islamic Republic regime has faced its biggest challenge from below since the 1979 revolution toppled the Shah.

Maduro and the history of Venezuela’s popular uprising

Venezuela’s Bolivarian Revolution was a beacon for all those who wanted an alternative to neoliberalism and United States imperialism.

The Pacific war and the myth of liberation 80 years on

Efforts across Asia to reimpose colonial rule at the end of the Second World War show that it was a struggle over the imperialist division of the world, argues Luke Ottavi.

Solidarity is a socialist group with branches across Australia. We are opposed to the madness of capitalism, which is plunging us into global recession and misery at the same time as wrecking the planet’s future. We are taking the first steps towards building an organisation that can help lead the fight for an alternative system based on mass democratic planning, in the interests of human need not profit.

Read more about Solidarity here or check out details of our meetings and events here.

Follow us