Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Sunday, November 11, 2012

Iraq: Exxon pulls out, Russia wants in

Iraq: Exxon pulls out, Russia wants in

Baghdad (UPI) Nov 9, 2012
Iraq's strategic effort to become the world's leading oil producer has taken some bad knocks, with the defection of Exxon Mobil and other majors to independence-minded Kurdistan, and Wednesday's expulsion of Turkey's state oil outfit from an exploration deal. But Russia seems more than ready to step in and fill the gap in foreign investment that Baghdad needs to rebuild and expand its o http://www.energy-daily.com/reports/Iraq_Exxon_pulls_out_Russia_wants_in_999.html

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