Iraq v Kurdistan: Exxon Try to Play Both Sides of the Table
Officials
in Baghdad have always stated that any company that arranges oil
exploration contracts with the Kurdistan Regional Government (KRG) to
the North will not be allowed to work in any fields under their
control.This left most companies such as; Shell, BP, Marathon Oil,
Occidental Petroleum, Murphy Oil, and Talisman Energy, with a decision
to make; Kurdistan or Iraq?Pavel Molchanov, an analyst at Raymond James,
has said that Exxon is in some difficulty because they did not chose,
instead they have “been trying to have it both ways and…Read more...http://oilprice.com/Latest-Energy-News/World-News/Iraq-v-Kurdistan-Exxon-Try-to-Play-Both-Sides-of-the-Table.html
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