by Staff Writers
Baghdad (AFP) Dec 15, 2011
Iraqi Prime Minister Nuri al-Maliki told AFP on Thursday that oil giant ExxonMobil has promised to reconsider an exploration deal with Iraqi Kurdistan that Baghdad has strongly opposed.
"We had a meeting with (Exxon) in Washington and we discussed the contracts, some of which are located in disputed areas," Maliki told AFP in an exclusive interview as he flew back to Iraq from Washington.
"They promised to reconsider their decision," Maliki said.
Kurdistan on October 18 inked a deal with ExxonMobil for it to explore six areas, but Baghdad regards any contracts not signed with the central government as invalid.
An official with the Iraqi oil ministry said that two of the areas -- Al-Qosh and Bardarash -- are actually parts of Nineveh province that Kurdistan wants to annex into its autonomous region, a move Baghdad opposes.
The Kurdistan contract potentially puts an Exxon contract with the Iraqi government in jeopardy.
In January 2010, Iraq's oil ministry completed the deal with ExxonMobil and Anglo-Dutch giant Shell to develop production at West Qurna-1, which with reserves of about 8.5 billion barrels is the country's second-biggest field.
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Brazil prosecutors want Chevron work shut down
Rio De Janeiro (AFP) Dec 14, 2011
Prosecutors in Brazil on Wednesday called for a shutdown of Chevron's activities nationwide and said the US oil giant should be fined $11 billion for damage caused by an oil spill last month. Prosecutors took legal action against Chevron, its Brazilian unit and the contractor Transocean, seeking $11 billion over the spill at a production well at the Frade field, 370 kilometers (230 miles) of ... read more
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