Blood for Oil Update

At long last, 10 years after Dick Cheney kicked off a war to trade American blood for Iraqi oil, the oil is finally flowing...to Vladimir Putin.

MOSCOW, Jan 9 (Reuters) – Gazprom Neft, the oil-producing arm of top Russian gas firm Gazprom, said it had produced first oil in well-testing at its Badra oilfield in Iraq and planned to start commercial production there this year.

"With well testing completed we are one step closer to beginning commercial production at the Badra field," Vadim Yakovlev, Gazprom Neft first deputy chief executive, said in a statement on Thursday.