The Bush Payoff for Big Oil: Huge No-Bid Contracts in Iraq

Four Western oil companies are in talks with Iraq’s Oil Ministry for no-bid contracts to service the country’s largest fields, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.

http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?ex=1371614400&en=5e19031afedbf7d8&ei=5124&partner=permalink&exprod=permalink