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	<title>Trends Updates &#187; oil reserves</title>
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		<title>Iraq Petro-State: the ironically cruel fate of owning vast untapped oil reserves</title>
		<link>http://trendsupdates.com/iraq-petro-state-the-ironically-cruel-fate-of-owning-vast-untapped-oil-reserves/</link>
		<comments>http://trendsupdates.com/iraq-petro-state-the-ironically-cruel-fate-of-owning-vast-untapped-oil-reserves/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 04:03:08 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Critic]]></category>
		<category><![CDATA[Society &amp; Culture]]></category>
		<category><![CDATA[black gold]]></category>
		<category><![CDATA[geopolitics of oil]]></category>
		<category><![CDATA[George W. Bush]]></category>
		<category><![CDATA[hydrocarbon preserves]]></category>
		<category><![CDATA[invasion of Iraq]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Iraq]]></category>
		<category><![CDATA[Iraq War]]></category>
		<category><![CDATA[Iraqi oil]]></category>
		<category><![CDATA[modern oil search technologies]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[oil reserves]]></category>
		<category><![CDATA[peak oil hysteria]]></category>
		<category><![CDATA[peak oil paranoia]]></category>
		<category><![CDATA[petro-state]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[vast untapped oil reserves]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=20251</guid>
		<description><![CDATA[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&#8217;s great hydrocarbon preserves,’ with proven oil reserves of 115 [...]]]></description>
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		<title>Iraq reopens its vast oil reserves to foreign companies</title>
		<link>http://trendsupdates.com/iraq-reopens-its-vast-oil-reserves-to-foreign-companies/</link>
		<comments>http://trendsupdates.com/iraq-reopens-its-vast-oil-reserves-to-foreign-companies/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 01:16:00 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[foreign capital]]></category>
		<category><![CDATA[foreign companies]]></category>
		<category><![CDATA[foreign expertise]]></category>
		<category><![CDATA[gas]]></category>
		<category><![CDATA[global oil companies]]></category>
		<category><![CDATA[international embargo]]></category>
		<category><![CDATA[Iraq]]></category>
		<category><![CDATA[Iraq oil fields]]></category>
		<category><![CDATA[Iraq War]]></category>
		<category><![CDATA[Iraqi oil]]></category>
		<category><![CDATA[Nouri Al-Maliki]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[oil reserves]]></category>
		<category><![CDATA[undeveloped oil reserves]]></category>

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		<description><![CDATA[The sorry state of its facilities, a decade of international embargo, successive wars, and the alarming state of its finances today forced Iraq to reopen its oil deposits to foreign capital and expertise. The decision of the government of Nouri al-Maliki to auction ‘service contracts’ for the operation of Iraq’s six largest oil fields and [...]]]></description>
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