Seeking Alpha

Iraq claims Royal Dutch Shell (RDS.A, RDS.B) has denied starting talks over energy deals with...

Iraq claims Royal Dutch Shell (RDS.A, RDS.B) has denied starting talks over energy deals with semi-autonomous Kurdistan. Competitors ExxonMobil (XOM) and Total (TOT) have gone largely unpunished by Baghdad for their Kurdistan forays, but Iraq's government was angered by recent reports that Shell was exploring possibilities in the area.
Comments (2)
  • lindwood77019
    , contributor
    Comments (4) | Send Message
     
    XOM in this area is making me very nervous. Everything is sooo volatile. Sell???
    26 Sep 2012, 06:08 PM Reply Like
  • Maninder Batra
    , contributor
    Comments (572) | Send Message
     
    @lindwood

     

    Kurdistan is near Syria and Turkey.Turkey is sending Al qaeda terrorists into syria and Syria is using PKK to harm turkey.Both use Kurdistan for staging attacks. I would recommend short XOM.
    27 Sep 2012, 01:45 AM Reply Like
DJIA (DIA) S&P 500 (SPY)