Iraqi oil field on fire
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The Iraqi Ministry of Oil confirmed that international oil corporations are increasingly looking to invest and operate in Iraqi oil fields.
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 evacuated about 30 foreign engineers from Basra, Iraq, as a “temporary precautionary measure,” the government-owned Basra Oil Company said Saturday.
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 ...
Iraq's Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace Exxon Mobil Corp (XOM.N) when it exits Iraq.
ExxonMobil is the only American firm still operating under an oil license granted by the Iraqi government. Trump's travel ban could hurt.