Iraq reviews oil tenders after foreign snub

Iraq's Cabinet was reviewing on Wednesday new bids from foreign energy firms to develop the country's oil and gas reserves.

Oil firms to scramble for Iraq deals on live TV

The secretive world of Middle East oil deals will be thrown open in Baghdad next week when a contract auction is broadcast live.

Criticism as Shell signs $4bn Iraq oil deal

Oil giant Shell has become the first Western oil company to win significant access to the energy sector in Iraq since the 1970s, in a $4-billion move.

Crude deal

Venezuelan President Hugo Chávez's oil largesse could come at a cost to South Africa, an oil analyst said this week.

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