Tag Archives : third-largest oil reserves in the world

Iraq’s Oil is Up for Grabs

Iraq’s Oil is Up for Grabs

The invitation applies to big-time developers and financiers, that is. Major industry players the world over will definitely be enticed by the country’s proven reserves of 115 billion barrels, the third largest in the world after Saudi Arabia and Iran. Millions of barrels more lie undiscovered. Unlike Saudi Arabia and Iran where the respective oil [...]