BP chief executive, Murray Auchincloss, (seated, left) and Iraq's Minister of Oil, Hayan Abdul Ghani al-Sawad, signed a memorandum of understanding to develop oilfields in Kirkuk in 2024, a deal ...

Iraq developed 113 oil wells in the first half of 2025 as it pushed ahead with plans to expand its crude output capacity by more than 50 percent. The developed wells include 27 newly drilled producing ...

BP expects to launch the project in 2025, and its implementation will contribute to economic growth in the Kirkuk region by improving supply chain opportunities along with job creation. BP is a ...

The key to Iraq’s production boost lies in the successful implementation of the Common Seawater Supply Project.

BP p.l.c., an integrated energy company, provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments ...

Reuters.com is your online source for the latest Iraq news stories and current events, ensuring our readers up to date with any breaking news developments ...

For the next fiscal year, the consensus earnings estimate of $2.61 indicates a change of +12.1% from what BP is expected to report a year ago. Over the past month, the estimate has changed -18.9%.

BP is seeking to convince investors that it can dial down the radical green transition led by former boss Bernard Looney by embracing an aggressive drilling and cost cutting agenda.