Omantribune
Oman Tribune
Omantribune
Omantribune Search News
Web Oman
    Google Search Button
      Tribune
- Oman
- Soccer World Cup
- Other Top Stories
- Middle East
- Business
- Sports
- India
- Pakistan
- Asia
- Europe
- Americas
- Columnists
- Editorial
- Oman Mirror
- Special Features
- Cinema
- PDF Pages
- Weather
- Travel
- Currency Rate
- Hospitals
- Pharmacies
- Services
- Flight Timings
- Museum Timings
Omantribune Home Omantribune About Us Omantribune Advertising Information Omantribune Archives Omantribune Subscribe-Form Omantribune Jobs Omantribune Contact Us
Friday, November 28, 2014  

Exxon plans to sell stake in Iraqi oilfield
BAGHDAD ExxonMobil has informed Baghdad it wants to sell its stake in a south Iraq oilfield, an official said on Wednesday, indicating the US giant will focus on a controversial deal with Iraq’s Kurdish region.

The move comes after a year-long stand-off between the American energy firm and Iraq’s central government, which has opposed contracts such as the one signed by Exxon with the autonomous northern Kurdistan region because it was not explicitly approved by Baghdad.

In another development, Iraq expelled Turkish national energy firm TPAO from a consortium that won an exploration contract in south Iraq, in the latest sign of worsening ties between Baghdad and Ankara.

The two neighbours have been at odds over their responses to the Syrian conflict and Iraq has publicly urged Turkey to hand over fugitive vice-president Tareq Al Hashemi, who has been sentenced to death on charges of running a death squad.

Agencies
NEWS UPDATES
Oman
Tourism meeting to highlight opportunities for investment
NCSI introduces new smartphone apps
Zubair SEC promotes members at forum
TSC ties up with ILM to train employees
Middle East
Libyan air force behind Tripoli strikes: Thinni
Unamid asked to shut human rights office in Khartoum
Iran MPs finally okays new science minister
Baghdadi militia gain foothold in Libyan town of Derna
Baghdadi militia gain foothold in Libyan town of Derna
Sisi to focus on Libya in France
Lebanese icon Sabah dies at 87
Business
S. Arabia, UAE unlikely to push for oil production cut
Opecís other issue: Weak demand
Nigeria devalues currency as weak oil hits fisc
Goldman, BASF and HSBC in dock over metals price fixing
ECB to decide on bond buys in Q1
HP revenue drops in Q4 on weak demand
India laggard state banks face tough sell on capital raising plan
Sports
Messi breaks record, Suarez breaks duck
Hafeez inches closer to double ton
Curry scores 40 to power Golden State over Miami
I am targeting a World Cup return: Harbhajan
Rare blow but cricket a dangerous game: Lara

Sports


International

© 2013 Oman Tribune. All rights reserved. Best viewed in 800 X 600 resolution