Drawn by more lucrative contract arrangements, smaller Chinese producers are on track to double their output in Iraq to ...

However, 18 March saw Iraq’s Council of Ministers approve BP’s US$25bn+ contract to develop five Kirkuk oil fields. These are estimated to contain 20 billion barrels of reserves.

BP’s share price has risen by just 0.88 per cent over the last five years, excluding dividends payments, though has climbed from a low point of under 200 pence per share in late 2020 back up to ...

BP and Iraq's government have signed a deal to redevelop four Kirkuk oil and gas fields, marking a breakthrough for Iraq, where production has been hampered by years of war and corruption.

BP receives the Iraqi government's final approval to redevelop Kirkuk oil fields, aiming to produce more than 3 billion barrels and boost Iraq's energy sector.

BAGHDAD (Reuters) -BP, Eni and TotalEnergies have begun evacuating foreign personnel from Iraqi oilfields where they operate, state-run Basra Oil Company said on Monday. Output from Iraq's ...

The prospective BP agreement would be the second major deal between Iraq and an international oil company in as many years after an agreement in Basra with TotalEnergies, valued at around $27 billion.

BP (NYSE: BP) and Iraq's government will sign a major deal covering four Kirkuk oil and gas fields by the first week of February, which would be larger than a 2023 deal with TotalEnergies valued ...

BP receives final approval for contract to redevelop oil fields in Kirkuk, Iraq, with production potential of 20 billion barrels. Get 5 ‘Hidden Gem’ stock picks and daily rankings—now 60% ...

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday.The mega-project in northern ...

BP and Shell each expects to ship 2 million barrels of Basra Light crude per month, starting in August and ending in December. The companies will load the oil on tankers at Iraq's Persian Gulf ...

BP <BP.L> is ready to compete for the opportunities that arise in Iraq's oil and gas sector once the country passes its oil and gas law, a senior executive said on Sunday.