Iraq's no bid oil contracts are being scrutinized by Senators Charles E. Schumer, John Kerry, and Claire McCaskill. Filing a letter today with the State Department is a step in a right direction to shed light on what potentially can be very lucrative contracts. Read more from The New York Times.
More importantly, the no-bid deals could inflame sectarian tensions in Iraq. Read more from The Washington Post.
The New York Times reported Thursday that BP, Exxon Mobil, Shell, and Total were in the final stages of negotiations on the no-bid contracts.









