Iraqi Oil $100 Billion Deals Announced

Today, Iraqi's Prime Minister announced major deals emerging with ENI Italy, BP, ExxonMobil, China National Pertroleum among others. Combined with investment in Rumaila, Zubair and West Qurna 1 oil field deals represent a total of $100 Billion would be ploughed into Iraq's oil industry by global energy firms. Around 86% of Iraq's government revenues are from oil sales, and the country's various...