PetroChina (NYSE:PTR) says it would be willing to join Exxon Mobil (NYSE:XOM) in Iraq's giant...

PetroChina (NYSE:PTR) says it would be willing to join Exxon Mobil (NYSE:XOM) in Iraq's giant West Qurna-1 oilfield project, which could see China come to dominate Iraq's oilfields while helping XOM mend fences with the Baghdad government. XOM is setting up a range of options that could keep it in the country, including the possibility of selling just part of its 60% stake in West Qurna-1 to PTR.