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U.S. senators want Iraqi oil trust fund

The Bush administration would press the Iraqi government to adopt an oil trust fund for distributing revenue or risk economic assistance under a bill proposed by Sens. Hillary Clinton and John Ensign.
BEN LANDO, UPI Energy Editor

Congress wants Iraq to repay U.S. expenses

WASHINGTON, April 24 (UPI) -- Iraqis would be forced to pay for U.S. efforts in their country directly or via loans from the United States if any of at least five similar pieces of legislation introduced on Capitol Hill this month is approved.
BEN LANDO, UPI Energy Editor

Analysis: Iraq moves on oil, graft laws

WASHINGTON, April 3 (UPI) -- Negotiators are hammering out a new draft Iraq oil law after previous drafts stalled and as Parliament is moving forward two new laws, one reconstituting the state oil company and another cracking down on oil and fuel smuggling.
BEN LANDO, UPI Energy Editor

Iraq tackling oil smuggling, more to do

WASHINGTON, March 11 (UPI) -- Iraq is improving its anti-theft operations guarding oil and fuel from the black market, but an international audit highlights more work to be done.

Analysis: Iraq a target for U.S. spending

WASHINGTON, March 7 (UPI) -- The head of the Senate Armed Services Committee wants U.S. auditors to investigate the Iraqi government's spending on reconstruction as both U.S. and Iraqi funds in the rebuilding effort came under fire on Capitol Hill this week.
BEN LANDO, UPI Energy Editor

Analysis: Deeper than an oil law in Iraq

DUBAI, United Arab Emirates, Sept. 10 (UPI) -- Both Iraq’s federal government and the Kurdistan Regional Government are upset by each other’s efforts in reaching a deal on a national oil and gas law and have announced moves to develop the oil sector without it.
BEN LANDO, UPI Energy Editor
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