Modern Iraq is all about oil. It exists for and because of it. Its turmoil and troubles are due to it. Wars have been waged on the country’s soil because of the black gold mine that lies under the ground. Iraq has ‘one of the world’s great hydrocarbon preserves,’ with proven oil reserves of 115 [...]

The considerations have now become political. Today, the production is safer in the deep offshore. The ‘new frontier’ of Nigeria’s oil which is near the coast or in the Delta is a veritable war zone for oil where militants declared war against major oil players and foreign authorities. Several facilities of major oil companies have [...]