Iraq’s massive oil reserves, the third-largest in the world, are about to be thrown open for large-scale exploitation by Western oil companies under a controversial law which is expected to come before the Iraqi Parliament within days.
Iraq’s massive oil reserves may be thrown open for large-scale exploitation by Western oil companies – which could end up grabbing up to 75% of the beleagured nation’s oil profits – under a law seen coming before the Iraqi parliament within days, the Independent reported on its Web site Monday. A draft of this controversial […]




