Michele Kearney's Nuclear Wire

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

Wednesday, June 18, 2014

Exxon said to have carried out "major evacuation" from Iraq •

Exxon said to have carried out "major evacuation" from Iraq • 9:11 AM
  • The head of Iraq's state-run South Oil Co. says Exxon Mobil (XOM) has carried out a "major evacuation" of its staff and BP had evacuated 20% of its staff following the rapid advance of Sunni militants through the country; he says Eni (E), Schlumberger (SLB), Weatherford (WFT), and Baker Hughes (BHI) have no plans to evacuate staff.
  • "Current developments in the country have not affected and will not affect in any way the operations in the south" of the country, says the official, displeased with XOM's actions, adding that Iraq's crude export level for June will be 2.7M bbl/day.
Read commentshttp://seekingalpha.com/news/1806183-exxon-said-to-have-carried-out-major-evacuation-from-iraq?uprof=46

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