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 ...

BP’s (LSE: BP) share price has fallen 19% from its 12 April one-year traded high of £5.40. Much of its price movement has reflected the benchmark Brent oil price pattern. But more recently it ...

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 ...

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 ...