Exxon Mobil’s (XOM) potential exit from Iraq's huge West Qurna-1 oilfield looks less certain after it agrees to raise its investment there this year to $1.65B from $1.6B in 2012. An Iraqi official says a new budget shows XOM's commitment to developing the southern field in 2013, which it had offered to sell out after angering the government by signing deals with the autonomous Kurdistan region.
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