Investing.com -- The oil production at Iraq's Rumaila field continues to be reduced by 300,000 barrels per day following a fire incident last week. This information was confirmed by an official ...

Oil output at Iraq’s giant Rumaila field remains reduced by 300,000 barrels a day after a fire last week, according to an official. The timeline for a full recovery to previous levels of 1.2 ...

BASRA, Iraq, Sept 21 (Reuters) - Reduced oil production at Iraq's supergiant Rumaila oil field is being gradually restored, a day after a fire broke out at a state-run gas compression unit and hit ...

BP has long been in talks with Iraq’s Oil Ministry to push production up to 2.1 million bpd from the current circa-1.2 million bpd which, given the field’s estimated 17 billion barrels in ...

BASRA, Iraq, Sept 20 (Reuters) - A fire erupted at Iraq's supergiant Rumaila oilfield in Basra province on Tuesday, possibly disrupting production, South Oil Company sources said.

Output from Iraq’s southern oilfields remains unchanged for now, with exports averaging 3.32M bbl/day, ... particularly BP, which operates in the Rumaila field," Basra Oil said. Eni (NYSE:E), ...

In the first formal entry to Iraq by Western oil majors in nearly 40 years, a BP consortium beats out Exxon Mobil for the Rumaila oil field, the country’s ...

Such a development is West Qurna 1, located around 65 kilometres from southern Iraq’s principal oil and export hub of Basra and holding around 22 billion barrels of recoverable oil reserves.

The results of field studies conducted by BP “were not encouraging for BP to extend its operations”, an unnamed official from Iraq’s North Oil Co. (NOC) told Reuters in the report published ...

Iraq remains enormously tantalizing for Big Oil, whose prospects for tapping huge new fields around the world are shrinking. The country’s 115 billion barrels in proven reserves, most of it ...