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Peak oil, prices, and supplies - Oct 20

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  1. Oct. 21 (Bloomberg) -- Iraq is recovering from the failure of its first oil licensing round in June by negotiating directly to get foreign investment for its war-torn energy industry. Full Article at Bloomberg.com

  2. BAGHDAD - International oil companies signing deals with Iraq are taking a big risk as the next government, to be elected in January, may revise or cancel those contracts, senior lawmakers said on Monday. Full Article at Khaleej Times

  3. BAGHDAD The Iraqi government said Saturday it has approved a contract with a British-Chinese consortium to develop a prized oil field in southern Iraq, a significant achievement for a country that has struggled to attract foreign investors despite its... Full Article at The Daily Advertiser

  4. The world is running out of oil faster than society suspects, and last year's $4.11 gasoline spike was just a bitter hint of the future, according to a "peak oil" theory whose key proponents will gather in Denver this week. Full Article at Energy Tribune

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  1. Daniel Yergin, co-founder and chairman of Cambridge Energy Research Associates, responds to a question during the Reuters Energy Summit in Washington June 1, 2009.
  2. This satellite image taken Saturday Sept. 26, 2009, provided by GeoEye shows a facility under construction inside a mountain located about 20 miles north northeast of Qom, Iran.

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