If anyone can compile this info will be of great help to my doctorate tesis.Who owns Iraq's oil today Sept 29 2006?, What companies, Corporations, LLC or DBA's?
The oil belongs to the Iraq people. The oil companies invested a lot of money in the equipment extract and ship the oil. There are companies from almost every civilized country involved. It isn't just us. That is why they other countries didn't want to make the iraqis mad. They need the oil more than the us does. Generally the oil companies pay a fair percentage of the price of the oil as royalties to whoever owns the mineral rights. sometimes investors buy mineral rights from the owners.then the owners are out of the picture.
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