BP executive vice-president William Lin commented, “This agreement builds on our long-standing and strategic relationship with the Government of Iraq and delivers access to a material new ...

This agreement marks a significant advancement for Iraq's energy sector, which has faced challenges due to years of conflict and infrastructural issues. The project also aligns with BP's strategic ...

Elliott’s involvement has reignited talk of a mega-merger, even as market uncertainty clouds the company’s outlook.

Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal ...

This agreement marks a significant advancement for Iraq's energy sector, which has faced challenges due to years of conflict and infrastructural issues. The project also aligns with BP's strategic ...

The signing of a final agreement on the project between BP (NYSE:BP) CEO Murray Auchincloss and Iraq Prime Minister Mohammed Shia al-Sudani follows an initial deal signed last month for the first ...

The contract includes the rehabilitation and redevelopment of the fields, spanning oil, gas, power, and water with potential for investment in exploration. bp plc has received final government ...

BP will seek to close the valuation gap of its stock price against its peers in the sector, chief executive Murray ...

LONDON, March 26 (Reuters) - BP (BP.L), opens new tab has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial plan to produce 3 billion ...

“BP has submitted to the Iraqi oil Ministry an updated study ... the reserves of those fields can last nearly 32 years and they account for nearly 3.5 percent of Iraq’s total proven oil deposits of ...