Jun 30 2012

Iraq owns 11 percent of world’s oil riches

By Zeena Sami Iraq sits on 11 percent of the world’s proven oil reserves at a time there are more than 400 newly discovered locations with potential of holding massive hydrocarbon riches, according to Deputy Prime Minister Husain Shahristani. Shahristani is currently visiting Indonesia and his latest remarks were made in a statement sent to [...]