A pending deal with the state-run China National Petroleum Corp. calls for China to help develop an oil field south of Baghdad, Iraq.
It would be the first contract Iraq has signed with a big foreign oil company since the fall of Saddam Hussein in 2003.
Iraq needs help to develop its oil fields, and China needs energy for its fast growing economy.
oil fieldChina, Iraq Aim To Team Up To Develop Oil FieldNPR Programs: Morning Edition Fri, 08/29/2008 - 11:06am
Nigerian attack closes oilfieldBBC Finance Thu, 06/19/2008 - 6:52am
Royal Dutch Shell halts production at its main offshore oil field in Nigeria, following a militant attack. Tags:
Brazil in 'major oil field' findBBC Finance Tue, 04/15/2008 - 5:17am
Brazil finds a deep sea oil field, in what could be the third largest reserve in the world, its petroleum agency says. |
