Iraq Wants Other U.S. Oil Company To Replace Exxon

Iraq wants another U.S. company to replace Exxon as a shareholder in the West Qurna 1 field, one of the country's largest after the supermajor leaves the country. "Exxon Mobil is considering exiting Iraq for reasons that are to do with its internal management practices, decisions, and not because of the particular situation in Iraq," Prime Minister Mustafa al-Kadhimi told media after a meeting with President Joe Biden, as quoted by Reuters. Exxon, which holds a $32.7-percent interest in West Qurna 1, has been looking for a buyer with plans to exit…