U.S. oil and gas giants ExxonMobil and Chevron are in discussions about development opportunities in Iraq’s oilfields with the government, according to the Iraqi oil ministry. “ExxonMobil has conveyed its willingness to return to Iraq,” Bassim Khudair, an undersecretary at Iraq’s Oil Ministry, has said in comments reported by Iraqi media. Last year, Exxon quit the giant Iraqi oilfield West Qurna 1, handing over control of the operations to PetroChina, the state-controlled Chinese firm. West Qurna 1, currently producing about…
