UK oil and gas giant bp will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq, according to Iraq's Oil Minister Hayan Abdel-Ghani. The ...

Baghdad and BP's negotiations over a major deal to redevelop Kirkuk's oil and gas fields must include Iraq's semi-autonomous ...

Oil production at Rumaila has increased by 40% since 2010, BP says. The UK supermajor, state-owned PetroChina, and Iraq’s state-held Basra Oil Company (BOC) have worked in partnership to develop ...

The Rumaila field, one of the world’s biggest, is jointly operated by Iraq, BP Plc and PetroChina Co., and there are plans to bolster production to just over 2 million barrels per day by the end ...

Iran's loss of influence in Lebanon and Syria has helped to spark a shift in attitude among Arab leaders.

BASRA (Reuters) -A fire at Iraq's Rumaila oilfield was brought under control on Friday, the country's oil ministry said in a ...

BP (NYSE:BP) and Iraq's government will ... and it owns a 50% stake in a joint venture operating the giant Rumaila oilfield in southern Iraq.

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...

BP and Iraq reached a deal in December on the technical ... The company holds a 50% stake in a joint venture operating the giant Rumaila oilfield in the south of the country, where it has been ...

With an estimated nine billion barrels of recoverable oil in the area, bp maintains a presence through a 50% stake in a joint venture operating the Rumaila oilfield in southern Iraq, where it has ...