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.

Follow us


Solidarity meetings

Latest articles

Read more

Jose Maria Sison: a flawed revolutionary

Sison dedicated his life to fighting colonialism and imperialism. But his devotion to a version of Stalinist politics means that, ultimately, his was a deeply flawed revolutionary project that has left a deep scar on Filipino politics.

Australian subimperialism—Submarines, sovereignty and class

Clinton Fernandes’ new book explains how Australia works as a subimperial power alongside the US, but still argues for a nationalist policy, says Robert Stainsby.

Weapons of death—Australia’s growing arms industry

Australia is pushing to develop a much bigger local military manufacturing and arms industry as part of its effort to confront China writes Feiyi Zhang.



Please enter your comment!
Please enter your name here