Friday, November 29, 2013

Exxon sells Iraq oil stake to PetroChina: ministry

Exxon sells Iraq oil stake to PetroChina: ministry
Baghdad (AFP) Nov 28, 2013 - American energy giant Exxon Mobil on Thursday sold part of its controversial stake in a massive Iraqi oilfield to PetroChina and Indonesia's Pertamina amid a long-running row with Baghdad. The sale of the stake in the West Qurna-1 field in south Iraq, one of the country's largest, marks a key step towards resolving the dispute with the central government over Exxon's contracts with the auton ... morehttp://www.energy-daily.com/reports/Exxon_sells_Iraq_oil_stake_to_PetroChina_ministry_999.html

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