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Poll: Almost half in U.S. creationist
GENEVA, Switzerland, Oct. 21 (UPI) -- Iraqi officials have set an ambitious timetable for negotiating oil-development deals, aiming to start talks next year and new development work by 2005.
In Geneva to attract foreign investment to his country's dilapidated oil fields, Natik Abbas al-Bayati, Iraq's director general for exploration, said at a conference on Iraqi oil rehabilitation Tuesday he hoped his ministry will be drawing up procedures to award contracts by the first quarter of next year.
Some contracts could be given to foreign companies as early as the second half, with work starting early in 2005, Bayati said.
Bayati told the Wall Street Journal the detailed timeline was his own suggestion to the ministry, not official policy. But he said the ministry is aiming to restart formal negotiations with foreign oil companies as early as next year.
"Two-thousand-four will be the year of negotiations. Two-thousand-five will be, hopefully, the year of execution," Bayati said
Iraq sought foreign investment in its oil fields through much of the 1990s, but most companies balked at signing deals while Saddam Hussein's regime was in power and subject to U.N. sanctions.
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CHICAGO, June 4 (UPI) --
A 21-year-old Chicago-area man is about to become the youngest person ever to receive a medical degree from the University of Chicago, officials say.
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SAN FRANCISCO, June 3 (UPI) --
"Grey's Anatomy" creator Shonda Rhimes, was honored at the Gay and Lesbian Alliance Against Defamation Media Awards in San Francisco, the organization said.
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If you're in the market for a car or truck it might make more sense to consider a new vehicle this year rather than a used one.
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UPI horoscopes for Monday, June 4, 2012.
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