What ExxonMobil's Comeback in Iraq Really Means ...Middle East

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What ExxonMobils Comeback in Iraq Really Means
The signing of heads of agreement last week between U.S. energy supermajor ExxonMobil and Iraq’s Oil Ministry is perhaps the most significant of the recent deals between firms from the West and Baghdad. It is true that several others have been with similarly-high-powered global energy giants – including Chevron, BP, and TotalEnergies – and have involved multi-billion-dollar deals. But it is also the case that ExxonMobil’s exit from Iraq a few years ago was the most high-profile exit of any Western firm during that era for…

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