Thursday, November 8, 2012

Exxon tells Iraq it wants to sell oilfield stake

Exxon tells Iraq it wants to sell oilfield stake

Baghdad (AFP) Nov 7, 2012
ExxonMobil has informed Baghdad it wants to sell its stake in a south Iraq oilfield, an official said Wednesday, indicating the US giant will focus on a controversial deal with Iraq's Kurdish region. The move comes after a year-long stand-off between the American energy firm and Iraq's central government, which has opposed contracts such as the one signed by Exxon with the autonomous northerhttp://www.energy-daily.com/reports/Exxon_tells_Iraq_it_wants_to_sell_oilfield_stake_999.html

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