Sale of Exxon Mobil stakes makes Beijing top consumer of Iraq’s oil
Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com The U.S. oil giant Exxon Mobil Corp has decided to sell its stakes in the West Qurna phase 1 oilfield in Iraq. Exxon will sell its stakes to Chinese state-run oil giant China National Petroleum Corp [CNPC], China’s official newspaper China Daily confirmed on Jan. 24. With […]