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Iraq again asserts that Exxon (NYSE:XOM) is not proceeding with work in Kurdistan, saying the...

Apr. 18, 2012 11:32 AM ETExxon Mobil Corporation (XOM) StockXOMBy: Yigal Grayeff, SA News Editor
Iraq again asserts that Exxon (NYSE:XOM) is not proceeding with work in Kurdistan, saying the oil giant has pledged to not break ground on its oil blocs in the region until it gets the OK from Baghdad, which 'aint too likely. Kurdistan said earlier this month that Exxon had reaffirmed its commitment to their deal, but there's still no word from the firm itself.

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