**** The Iraqi government voided a contract with the Russian company LukOil to develop the West Qurna oil field. The contract, canceled once during the Saddam era, had had dubious merits.
**** Shares of PetroChina nearly tripled during its first day of trading on the Shanghai market. The company's resulting market cap of more than $1 trillion flamed concerns about an asset bubble in the Chinese stock market.
**** The Russian lower parliament voted 418 - 0 to withdraw Russia from the Conventional Forces in Europe Treaty (CFE). Putin and the upper house are expected to fully ratify the measure by December 12.
**** China's National Development and Reform Center (NDRC) issued a new enforcement guide that will advise Chinese officials to restrict foreign investment in several industries and welcome it in sectors where China stands to gain technological know-how.