Iraq and the Kurdistan regional government (KRG) have reached an agreement to resume oil exports via a pipeline to Turkey, the KRG said on Thursday. The agreement followed negotiations of more than ...

BP chief executive Murray Auchincloss is bullish about the UK supermajor's recently signed deal with the Iraqi government to redevelop the Kirkuk oil and gas fields, calling it "pretty profitable ...

BP also recently signed a US$25 billion deal to develop the Kirkuk oil fields of Baba and Avana, and the neighbouring sites of Bai Hassan, Jumboor and Khabaz.

BP has long been in talks with Iraq’s Oil Ministry to push production up to 2.1 million bpd from the current circa-1.2 million bpd which, given the field’s estimated 17 billion barrels in ...

An engineer adjusts equipment controlling the flow of crude oil at the K-1 pumping station in Kirkuk, Iraq. While looting and sabotage have stymied Kirkuk exports, BP Plc and Royal ...