Free Republic

The US is preparing to install an American chairman on a planned management team of the Iraqi oil industry, providing further ammunition to critics who have questioned the Bush administration's agenda in the Middle East. The administration is planning to structure the potentially vast Iraqi oil industry like a US corporation, with a chairman and chief executive and a 15-strong board of international advisers. According to a report in the Wall Street Journal, it has lined up the former chief executive of the US division of Royal Dutch/Shell, Philip Carroll, to take the job of chairman. Large scale decisions on...

The United States will next week appoint a former head of Shell Oil to run Iraq's oil industry, it was reported today. "The US Government is setting up Iraq's oil industry to run much like an American corporation, with a chief executive and management team vetted by US officials who would answer to a multinational board of advisers," the Wall Street Journal Europe reported.The advisory board would be chaired by Philip J Carroll, a former chief executive of Shell Oil, the US unit of the Dutch-British oil giant Royal Dutch/Shell, the newspaper reported.Mr Carroll would work closely with an Iraqi...