January 29, 2013

How Iraq Became an Oil Industry Proxy War

Steve LeVine, Quartz

xomm

For more than a year, ExxonMobil has stood as the backbone of Kurdistan politics, validating its independence as a global petro-player. Now, BP has taken up the mantle for the opposing side, shoring up Baghdad in a tense standoff at the city of Kirkuk. In doing so, it may be the first time in modern oil’s century-and-a-half-long history that oil companies have taken up front-line positions as the allies of opposing armies.

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TAGGED: Baghdad, Kirkuk, ExxonMobil, BP, Middle East, Iraq, oil and gas, oil, Kurdistan

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