Army fails to find indications of Iraq plans to wreck facilities

Article Abstract:

According to a study by the U.S. Army, there is no evidence to show that Saddam Hussein planned to destroy Iraq's oil facilities, dams, and bridges on a large scale. The report has diminished the success that US forces have claimed in stopping the mass destruction of Iraq's infrastructure.

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New Iraq oil minister brings politics to post

Article Abstract:

Ibrahim Bahr al-Uloum, the new Iraqi oil minister, said that he advocates the privatization of his country's oil industry. However, the political nature of al-Uloum's appointment presents problems in handicapping potential investment opportunities in Iraq.

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Tiny oil firm sets sights on Iraq

Article Abstract:

Gulfsands Petroleum Ltd. is taking a "back-door approach" to gaining a presence in Iraq's oil sector. The company hopes to take advantage of the opportunity in Iraq, once that country's oil leadership decides on the development of its oil reserves.

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