The biggest ever sale of oil assets will take place today, when the Iraqi government puts 40bn barrels of recoverable reserves up for offer in London. BP, Shell and ExxonMobil are all expected to attend a meeting at the Park Lane Hotel in Mayfair with the Iraqi oil minister, Hussein al-Shahristani.
Access is being given to eight fields, representing about 40% of the Middle Eastern nation's reserves, at a time when the country remains under occupation by US and British forces.
More...
Iraqi government fuels 'war for oil' theories by putting reserves up for biggest ever sale
In the southern Lebanese village of Habboush, the sound that cut through the stillness of the...
Hours after Iran launched ballistic missiles at Israel on June 7, the Israeli military said it...
Negative views of both Israel and Israeli Prime Minister Benjamin Netanyahu have soared since last year...
