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Exxon in talks to sell Iraq field stake to MubadalaExxon Mobil is in negotiations to sell 5 percent of its stake in Iraq's West Qurna-1 oilfield to Abu Dhabi's state-run investment fund Mubadala, part of the US major's moves to reduce its exposure there, Iraqi oil o More… |
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Exxon to invest more in Iraq's West QurnaExxon Mobil has allocated $1.65 billion to develop Iraq's West Qurna 1 oilfield in 2013, up from $1.6 billion last year, the head of the joint management committee for the field said. An Ira More… |
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China ready to join Exxon at giant Iraq oilfieldChina is willing to join Exxon Mobil in a giant Iraqi oilfield project, a top executive said on Tuesday, which could see Beijing come to dominate Iraq's oilfields and help the US major mend fences with Baghdad. More… |
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Jobs protesters break into Iraq oilfieldHundreds of protesters demanding jobs broke into Iraq's giant southern West Qurna-2 oilfield and wrecked offices early on Monday, police and employees at the field said. West Qurna-2, which More… |
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Lukoil cuts Iraq oil output plan by a thirdRussia's second-largest crude producer Lukoil said it has cut its oil production plan in Iraq by almost a third, in line with the local government's plans to increase the lifetime of its oilfields. Andrei Kuzyayev, head of More… |
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China frontrunner to buy Exxon stakeChina National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a move that would diminish Western oil influence in Iraq a decade after the US-led invasion. More… |
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Enough buyers for W Qurna: IraqExxon Mobil is in the advanced stages of talks with potential buyers to take on Iraq's West Qurna 1 oilfield and there are enough appropriate candidates, the country's deputy prime minister for energy said. More… |
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Spat with Exxon bad for Iraq, oil consumersIraq's spat with oil giant Exxon Mobil bodes ill for the Middle Eastern nation which hopes to be a major player in the oil market - and for oil consumers everywhere. Diplomatic sources More… |
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Exxon 'seeks to quit Iraq's W Qurna'Exxon Mobil wants to leave its flagship Iraqi oil project after upsetting Baghdad by signing a deal last year with the autonomous northern Kurdish region, which the central government deemed illegal. More… |
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Iraq oil exports to hit 2.4m bpd in AprilIraq expects oil exports to reach more than 2.4 million barrels per day (bpd) in April and is planning to export 2.9 million bpd in 2013, its oil minister said on Wednesday. 'Hopefully for this month, we will export more than 2.4 milli More… |
