In 2007, Chevron paid $30 million to settle charges brought by the U.S. Securities and Exchange Commission that it had paid illegal kickbacks to the Hussein regime to win its Iraqi marketing contracts, after it was revealed that Hussein had established a worldwide network of oil companies and countries that secretly helped Iraq generate about $11 billion in illegal income from oil sales.

Since June 2004, when the new Iraqi government took office, the Bush administration and U.S. oil companies have pushed the Iraqis to pass the Iraq Oil Law and transition Iraq from a nationalized to an all-but-privatized oil system, adopting PSAs. Dan Witt of the ITIC has stated matter-of-factly that the ITIC helped draft the Law.

Chevron has done its own Iraq lobbying. It was among the corporate sponsors of the Iraq Procurement 2004—Meet the Buyers conference at which Iraqi ministers met with U.S. and other corporations, to "further their business relations with the rest of the world." Chevron launched its Iraq Technical Assistance Program in 2004, sponsoring more than a 1000 Iraqi professionals to attend training courses, seminars and conferences "...to help Iraqis in the task of revitalizing their energy industry."

More information on Chevron in Iraq can be found in the Alternative Annual Report