Iraq vows to end Exxon and Kurdistan deal

Reuters, November 20, 2011 Iraq's government said it would move to end a major contract with Exxon Mobil after the US oil giant signed a deal with semi autonomous Kurdistan to explore fields there which Baghdad on Wednesday called a violation of the law.

 Exxon's agreement in Kurdistan and Baghdad's response have set up a power struggle between the Iraqi central government and multinational oil companies over the potential resources in the northern Kurdish region.

 Baghdad and Kurdistan's regional government are in a long running political dispute over oil and land rights ... Iraq