Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

PetroChina to Buy 25% Stake in Exxon’s West Qurna Iraq Field

PetroChina Co., the country’s biggest oil and gas producer, agreed to buy a 25 percent stake in Iraq’s West Qurna 1 field from Exxon Mobil Corp., according to an e-mailed statement from the Beijing-based company.

Exxon currently owns a 60 percent stake of the West Qurna field in Southeastern Iraq, while Royal Dutch Shell Plc holds 15 percent and Oil Exploration Co. of Iraq owns the remaining 25 percent, according to Exxon’s website. Exxon, The world’s biggest oil company by market value, estimated the field will produce as much as 600,000 barrels of oil per day by the end of 2013.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.