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Chevron (CVX) will be barred from contracts in middle and southern Iraq because last week it...

Chevron (CVX) will be barred from contracts in middle and southern Iraq because last week it bought stakes in two oil exploration blocks in the Kurdish region of the country, Iraq's oil ministry statement announces. ExxonMobil received similar treatment from Iraq's government last year.
Comments (4)
  • Pretty soon they will have barred anyone competent to explore or drill in their southern prospective fields from doing so. they aren't likely to force CVX or XOM to forgo what must be better deals with the Kurds, and will end up hurting themselves instead.
    24 Jul 2012, 09:07 AM Reply Like
  • Why are these guys playing over there??? They should be investing in the likes of KOG,CLR,WLL,OAS,NOG.
    24 Jul 2012, 09:12 AM Reply Like
  • I always let my pride rule my brain and pocket book (NOT). I think hiring someone smarter than yourself is the better way to do business.
    24 Jul 2012, 11:24 AM Reply Like
  • Thats gratitude for ya. Hopefully when the Sunnis, the Lunnies, the Zoonies, the Kurds, the Nurds, the Turds, the Shi'ites, the Shi'itheads and the whole ragbag start killing each other in a massive civil war, they will have to sell oil (CHEAP!) to finance the whole thing. OH HAPPY DAY!
    24 Jul 2012, 03:47 PM Reply Like
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