China grabs Mideast oil as U.S. power dips
Baghdad (UPI) Dec 5, 2012
China is muscling into Iraq's oil sector as Baghdad grapples with
defections by international majors like Exxon Mobil and Chevron of the
United States and France's Total.
This is part of Beijing's drive to secure oil and natural gas resources
in the Middle East and Africa as U.S. influences wanes.
China's clout in Iraq, along with other parts of the Middle East,
including Saudi Ahttp://www.energy-daily.com/reports/China_grabs_Mideast_oil_as_US_power_dips_999.html
China is muscling into Iraq's oil sector as Baghdad grapples with
defections by international majors like Exxon Mobil and Chevron of the
United States and France's Total.
This is part of Beijing's drive to secure oil and natural gas resources
in the Middle East and Africa as U.S. influences wanes.
China's clout in Iraq, along with other parts of the Middle East,
including Saudi Ahttp://www.energy-daily.com/reports/China_grabs_Mideast_oil_as_US_power_dips_999.html
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