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Specifically, a $53 billion deal ExxonMobil was pursuing in the country is now indefinitely on hold, Iraqi government officials told Reuters.. The project, part of a larger goal to expand work in ...
ExxonMobil's presence in Iraq is the work of former CEO Rex Tillerson, now Trump's pick for U.S. secretary of state.. In 2009, many Iraqi oil fields were opened up for development following years ...
ExxonMobil evacuated about 30 foreign engineers from Basra, Iraq, as a “temporary precautionary measure,” the government-owned Basra Oil Company said Saturday.
ExxonMobil's (XOM) divestment of its West Qurna 1 stake would follow its 32% interest sale last year in a key exploration block in Iraq's Kurdistan region.
A rocket hit an oil-drilling site in Iraq's southern Basra province early Wednesday, striking inside a compound housing energy giant Exxon Mobil and wounding three local workers, one seriously ...
WASHINGTON, July 26 (Reuters) - Iraq's Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace Exxon Mobil Corp , opens new tab when it exits Iraq.
Iraq is planning a $53 billion megaproject with global energy giants ExxonMobil and PetroChina to use seawater from the Persian Gulf to boost oil production, Prime Minister Adel Abdul-Mahdi ...
A rocket hit an oil-drilling site in Iraq's southern Basra province early Wednesday, striking inside a compound housing energy giant Exxon Mobil and wounding three local workers, one seriously ...