;

Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Exclusive-Exxon Mobil approached Iraq about buying Lukoil's West Qurna oilfield stake, sources say

Finance

Exclusive-Exxon Mobil approached Iraq about buying Lukoil's West Qurna oilfield stake, sources say

Published by Global Banking and Finance Review

Posted on December 2, 2025

Featured image for article about Finance

Dec 2 (Reuters) - Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters.

Exxon declined to comment and Lukoil didn't immediately respond to a Reuters' request for comment on the matter.

(Reporting by Ahmed Rasheed and Aref MohammedEditing by Bernadette Baum)

More from Finance

Explore more articles in the Finance category

European economies end year resilient but sluggish

German investor morale rises more than expected in December, ZEW finds

Exclusive-Shell seeks buyers for stake in Germany's Schwedt refinery, sources say

EU Parliament approves deal to weaken corporate sustainability laws

EU tries to salvage Mercosur trade pact as parliament toughens farm protections

Italy's ruling parties urge caution on using frozen Russian assets

Britain may change BBC funding to allow adverts or subscriptions

Czech defence group CSG wins $1 billion Asian truck deal, opens Slovak ammunition line

EU races to win over Italy on Mercosur trade deal, says EU lawmaker

KNDS, Leonardo to develop new mobile artillery system together

BBC says it will fight Trump lawsuit over edited speech

TotalEnergies to sell stake in Malaysian gas block to Thailand's PTTEP

View All Finance Posts