Hi there,

In this chaotic news cycle it may be tempting to tune out, but we hope you won’t—only an informed and engaged public can defend democracy. In these times of deep political polarization we need news that goes beyond play-by-play headlines, news that goes to the heart of each story by asking people to tell their own stories of abuses of power and injustice in their own words. If our journalism is important to you, please donate today. Thanks to a group of generous donors, all donations made today will be DOUBLED, which means your $15 gift is worth $30. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Iraq Loosens Restrictions on Foreign Oil Companies

HeadlineFeb 27, 2009

The Iraqi government is granting international oil corporations an increased stake in developing Iraqi oil. Winning bidders in future projects will be granted a 75 percent stake rather than the current limit of 49 percent. Iraq has also lowered the minimum production target for companies to get paid for their work.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top