Like rats from a sinking ship

Not exactly “breaking” news – but it wasn't in the headlines either. Highly significant

Exxon carries out major evacuation from Iraq: Oil official

CNBC,

18 Jun 2014 | 8:38 AM ET

ExxonMobil has carried out a "major evacuation,'' and BP had evacuated 20 percent of its staff, the head of Iraq's state-run South Oil Company said Wednesday.

Dhiya Jaffar also said ENI, Schlumberger, Weatherford and Baker Hughes had no plans to evacuate staff from Iraq following the lightning advance of Sunni militants through the country. The companies, which are based in southern Iraq where the government is still in firm control, were not immediately available for comment.

"This message is not satisfactory for us. We are not convinced the work should not be done remotely. They should be here on the ground,'' Jaffar told Reuters.

"I assure the companies that the current developments in the country have not affected and will not affect in anyway the operations in the south,'' he said, adding that the export level for June will be 2.7 million barrels per day.

CNBC could not immediately confirm the evacuations.


Of course it wouldn't be anything to do with this, would it?

	Rami @RamiAlLolah
#Baiji Oil refinery few hours ago.. #Iraq #ISIS pic.twitter.com/Bp5paiQ1vD 2:39 p.m. Wed, Jun 18