The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

A senior Iraqi official said that BP will spend up to 25 billion dollars over the life of a project redeveloping four Kirkuk oil fields and gas.

Kirkuk’s oil sector in February 2025, marking its third attempt to operate in the region amid ongoing geopolitical ...

Control over oil and gas has long been a source of tension between Baghdad and the Kurds, with Kirkuk - a region rich in ...

“The objective is to enhance production and achieve optimal targeted rates of oil and gas output,” the Iraq ... BP, together with PetroChina and Basra Oil Company, is also working to develop ...

In a country blessed with abundant sunlight, Chinese engineers are helping Iraq harness solar power. A new one-megawatt solar station in the Rumaila oilfield, complete with energy storage systems ...

The two sides are expected to sign a confidentiality agreement in the coming days, after which Iraq will provide Halliburton (HAL) with data on the Nahr Bin Omar field and its installations ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...