War for oil finally pays off - D'OH

From Drudge:

Baghdad has revived a contract signed by the Saddam Hussein administration allowing a state-owned Chinese oil company to develop an Iraqi oil field, the Iraqi oil minister told the Financial Times in Beijing on Friday.

Hussein al-Shahristani also said Baghdad welcomed Chinese oil company bids for any other contract in the country through a “fair and transparent bidding process” to be laid out in the new oil law under discussion in Iraq’s parliament.

China National Petroleum Corporation, the country’s largest oil company and the parent of listed group Petrochina, signed a deal with Iraq in 1997 to develop the al-Ahdab oil field. The field is one of the first to be offered to foreign investors since the 2003 US-led invasion.

More here:
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Somebody inform Rosie O'Donnel and Michael Moore -- they finally have proof this is a war for oil. They're really gonna make Bush look dumb now.