Russia seeks major energy partnership with ExxonMobil in Iraq

Special to WorldTribune.com MOSCOW — Russia wants U.S. help in energy development in Iraq. Russia’s Rosneft has been negotiating an agreement to team with the U.S. company ExxonMobil for a joint project in Iraq. Industry sources said the target was Iraq’s huge West Qurna-1 oil field. “These two companies have been very serious about partnerships […]

ExxonMobil bows to Baghdad, suspends Kurdistan oil deal

Special to WorldTribune.com BAGHDAD — A Western energy major has suspended an agreement with Iraq’s autonomous Kurdish region. ExxonMobil has suspended an accord with the Kurdistan Regional Government for oil exploration in northern Iraq. The company, under threat of a ban by Iraq, informed the Oil Ministry in Baghdad on March 5 that ExxonMobil would […]