ExxonMobil is discussing a potential oil production and refinery development partnership with Iraq.

The entities involved

• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22

Related events

• Iraq is seeking to expand its oil production and refining capacity, leading to a new partnership deal reviving Chevron's presence in the country.Jun 7
• Iraq is strategically developing its oil and gas sectors.Jul 22
• OPEC+ limits constrain oil production capacity, impacting the oil market and its producers, including Iraq.Jul 22
• Iraq seeks higher oil production quota from OPEC.Sep 9
• The Iraqi government is actively seeking long-term investment and partnerships, while Iran's actions continue to cause oil price gyrations.Jul 17